J Child Mechanical Plumbing Gas Ltd

Financial Statements for the Year Ended 31 May 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Child

Mrs T Child

REGISTERED OFFICE:

White Cottage

52 Green End

Renhold

Bedfordshire

MK41 0LJ

REGISTERED NUMBER:

09024745 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

16,104

4,765

16,104

4,765

CURRENT ASSETS

Stocks

4,000

9,000

Debtors

6

28,443

8,291

Cash at bank and in hand

22,314

16,341

54,757

33,632

CREDITORS

Amounts falling due within one year

7

62,509

37,698

NET CURRENT LIABILITIES

(7,752

)

(4,066

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,352

699

CREDITORS

Amounts falling due after more than one
year

8

6,107

-

NET ASSETS

2,245

699

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

2,243

697

SHAREHOLDERS' FUNDS

2,245

699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Mr J Child - Director

1.	STATUTORY INFORMATION

J Child Mechanical Plumbing Gas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

17,000

AMORTISATION

At 1 June 2024

and 31 May 2025

17,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 June 2024

31,998

Additions

16,787

Disposals

(1,484

)

At 31 May 2025

47,301

DEPRECIATION

At 1 June 2024

27,233

Charge for year

5,364

Eliminated on disposal

(1,400

)

At 31 May 2025

31,197

NET BOOK VALUE

At 31 May 2025

16,104

At 31 May 2024

4,765

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

28,443

6,976

PAYE debtor

-

1,315

28,443

8,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

2,585

1,853

Trade creditors

9,193

10,598

Corporation tax

13,981

10,084

PAYE

2,400

-

VAT

17,393

2,819

Capital on Tap

16,332

10,428

Credit card

-

1,880

Directors' current accounts

625

36

62,509

37,698

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

6,107

-