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Company Registration No. 07569252 (England and Wales)
Pipeline Service Ltd Unaudited accounts for the year ended 31 March 2025
Pipeline Service Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pipeline Service Ltd Company Information for the year ended 31 March 2025
Director
Paul Marcus Ansell
Company Number
07569252 (England and Wales)
Registered Office
Orchard Byre Polsham Wells Somerset BA5 1RP England
Accountants
PaperCloud Ltd Suite G1 Argentum House 510 Bristol Business Park Coldharbour Lane Bristol BS16 1EJ
- 3 -
Pipeline Service Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
365,967 
423,580 
Current assets
Inventories
22,641 
25,077 
Debtors
5
190,212 
191,914 
Cash at bank and in hand
4,353 
21,579 
217,206 
238,570 
Creditors: amounts falling due within one year
6
(106,462)
(184,234)
Net current assets
110,744 
54,336 
Total assets less current liabilities
476,711 
477,916 
Creditors: amounts falling due after more than one year
7
(61,256)
(87,084)
Provisions for liabilities
Deferred tax
(91,492)
(105,895)
Net assets
323,963 
284,937 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
323,863 
284,837 
Shareholders' funds
323,963 
284,937 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2025 and were signed on its behalf by
Paul Marcus Ansell Director Company Registration No. 07569252
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Pipeline Service Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Pipeline Service Ltd is a private company, limited by shares, registered in England and Wales, registration number 07569252. The registered office is Orchard Byre, Polsham, Wells, Somerset, BA5 1RP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
528,062 
285,684 
- 
813,746 
Additions
63,100 
822 
2,813 
66,735 
Disposals
- 
(12,000)
- 
(12,000)
At 31 March 2025
591,162 
274,506 
2,813 
868,481 
Depreciation
At 1 April 2024
241,003 
149,163 
- 
390,166 
Charge for the year
87,548 
33,824 
929 
122,301 
On disposals
- 
(9,953)
- 
(9,953)
At 31 March 2025
328,551 
173,034 
929 
502,514 
Net book value
At 31 March 2025
262,611 
101,472 
1,884 
365,967 
At 31 March 2024
287,059 
136,521 
- 
423,580 
- 5 -
Pipeline Service Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
32,685 
19,702 
Trade debtors
135,913 
161,628 
Accrued income and prepayments
10,833 
10,584 
Other debtors
10,781 
- 
190,212 
191,914 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
2,927 
Obligations under finance leases and hire purchase contracts
52,891 
69,064 
Trade creditors
20,360 
71,830 
Taxes and social security
6,997 
4,518 
Other creditors
23,356 
11,211 
Loans from directors
4 
21,343 
Accruals
2,854 
3,341 
106,462 
184,234 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
61,256 
87,084 
8
Average number of employees
During the year the average number of employees was 9 (2024: 12).
- 6 -