IRIS Accounts Production v25.4.0.155 05402724 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05402724 2024-03-31 05402724 2025-03-31 05402724 2024-04-01 2025-03-31 05402724 2023-03-31 05402724 2023-04-01 2024-03-31 05402724 2024-03-31 05402724 ns15:EnglandWales 2024-04-01 2025-03-31 05402724 ns14:PoundSterling 2024-04-01 2025-03-31 05402724 ns10:Director1 2024-04-01 2025-03-31 05402724 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05402724 ns10:SmallEntities 2024-04-01 2025-03-31 05402724 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05402724 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 05402724 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05402724 ns10:FullAccounts 2024-04-01 2025-03-31 05402724 1 2024-04-01 2025-03-31 05402724 ns10:Director2 2024-04-01 2025-03-31 05402724 ns10:CompanySecretary1 2024-04-01 2025-03-31 05402724 ns10:RegisteredOffice 2024-04-01 2025-03-31 05402724 ns5:CurrentFinancialInstruments 2025-03-31 05402724 ns5:CurrentFinancialInstruments 2024-03-31 05402724 ns5:Non-currentFinancialInstruments 2025-03-31 05402724 ns5:Non-currentFinancialInstruments 2024-03-31 05402724 ns5:ShareCapital 2025-03-31 05402724 ns5:ShareCapital 2024-03-31 05402724 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 05402724 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 05402724 ns5:NetGoodwill 2024-04-01 2025-03-31 05402724 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 05402724 ns5:PlantMachinery 2024-04-01 2025-03-31 05402724 ns5:MotorVehicles 2024-04-01 2025-03-31 05402724 ns5:NetGoodwill 2024-03-31 05402724 ns5:NetGoodwill 2025-03-31 05402724 ns5:NetGoodwill 2024-03-31 05402724 ns5:LandBuildings 2024-03-31 05402724 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-03-31 05402724 ns5:PlantMachinery 2024-03-31 05402724 ns5:LandBuildings 2024-04-01 2025-03-31 05402724 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-04-01 2025-03-31 05402724 ns5:LandBuildings 2025-03-31 05402724 ns5:LandBuildings ns5:ShortLeaseholdAssets 2025-03-31 05402724 ns5:PlantMachinery 2025-03-31 05402724 ns5:LandBuildings 2024-03-31 05402724 ns5:LandBuildings ns5:ShortLeaseholdAssets 2024-03-31 05402724 ns5:PlantMachinery 2024-03-31 05402724 ns5:MotorVehicles 2024-03-31 05402724 ns5:ComputerEquipment 2024-03-31 05402724 ns5:ComputerEquipment 2024-04-01 2025-03-31 05402724 ns5:MotorVehicles 2025-03-31 05402724 ns5:ComputerEquipment 2025-03-31 05402724 ns5:MotorVehicles 2024-03-31 05402724 ns5:ComputerEquipment 2024-03-31 05402724 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 05402724 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 05402724 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-03-31 05402724 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-03-31

REGISTERED NUMBER: 05402724 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Gregory Plumbing & Heating Limited

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Gregory Plumbing & Heating Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | W S Gregory

| Mrs A G Gregory

| SECRETARY: | W D Gregory

| REGISTERED OFFICE: | Unit 6 Reynolds Park

| Bell Close

| Plymouth

| Devon

| PL7 4FE

| REGISTERED NUMBER: | 05402724 (England and Wales)

| ACCOUNTANTS: | Sheppards Accountants Limited

| 22 The Square

| The Millfields

| Plymouth

| Devon

| PL1 3JX

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 212,656 |  | 220,375 |  |

212,656 |  | 220,375 |  |

CURRENT ASSETS

Stocks | 19,995 |  | 19,895 |  |

Debtors | 6 | 61,270 |  | 67,897 |  |

Cash at bank and in hand | 64,193 |  | 63,981 |  |

145,458 |  | 151,773 |  |

CREDITORS

Amounts falling due within one year | 7 | 209,037 |  | 185,158 |  |

NET CURRENT LIABILITIES | (63,579 | ) | (33,385 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 149,077 |  | 186,990 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 87,298 |  | 112,784 |  |

NET ASSETS | 61,779 |  | 74,206 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 61,777 |  | 74,204 |  |

SHAREHOLDERS' FUNDS | 61,779 |  | 74,206 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Balance Sheet - continued

31 March 2025

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 27 November 2025 and were signed on its behalf by:

W S Gregory - Director

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Gregory Plumbing & Heating Limited 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of labour and goods falling within the company's ordinary activities. Turnover is recognised at the point of invoice.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

| 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 and depreciation

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

| Plant and machinery | - | 33.3% Straight Line

| Motor vehicles | - | 25% Straight Line

| Stocks

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

| Work in progress is valued at the sale value of work done, yet to be invoiced.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

| 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 10 (2024 - 12 ) .

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 31,000 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 31,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Freehold |  | Leasehold |  | Plant and

| property |  | property |  | machinery

£ | £ | £ |

| COST

| At 1 April 2024 | 5,000 |  | 195,831 |  | 166,373 |  |

| Additions | - |  | - |  | 1,981 |  |

| Disposals | - |  | - |  | (23,772 | ) |

| At 31 March 2025 | 5,000 |  | 195,831 |  | 144,582 |  |

| DEPRECIATION

| At 1 April 2024 | 617 |  | 6,000 |  | 140,858 |  |

| Charge for year | 100 |  | 2,000 |  | 6,685 |  |

| Eliminated on disposal | - |  | - |  | (23,018 | ) |

| At 31 March 2025 | 717 |  | 8,000 |  | 124,525 |  |

| NET BOOK VALUE

| At 31 March 2025 | 4,283 |  | 187,831 |  | 20,057 |  |

| At 31 March 2024 | 4,383 |  | 189,831 |  | 25,515 |  |

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 8,789 |  | 5,297 |  | 381,290 |  |

| Additions | - |  | - |  | 1,981 |  |

| Disposals | - |  | - |  | (23,772 | ) |

| At 31 March 2025 | 8,789 |  | 5,297 |  | 359,499 |  |

| DEPRECIATION

| At 1 April 2024 | 8,789 |  | 4,651 |  | 160,915 |  |

| Charge for year | - |  | 161 |  | 8,946 |  |

| Eliminated on disposal | - |  | - |  | (23,018 | ) |

| At 31 March 2025 | 8,789 |  | 4,812 |  | 146,843 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 485 |  | 212,656 |  |

| At 31 March 2024 | - |  | 646 |  | 220,375 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 59,964 |  | 66,591 |  |

| Other debtors | 1,306 |  | 1,306 |  |

61,270 |  | 67,897 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 465 |  | 914 |  |

| Trade creditors | 47,611 |  | 19,287 |  |

| Corporation tax | 20,696 |  | 14,349 |  |

| Social security and other taxes | 30,015 |  | 12,779 |  |

| VAT | 23,116 |  | 28,160 |  |

| Other creditors | 25,720 |  | 48,320 |  |

| Directors' current accounts | 59,204 |  | 59,204 |  |

| Accrued expenses | 2,210 |  | 2,145 |  |

209,037 |  | 185,158 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans more 5 yr by instal | 72,365 |  | 83,239 |  |

| Other loans more 5yrs instal | 14,933 |  | 29,545 |  |

87,298 |  | 112,784 |  |

| Gregory Plumbing & Heating Limited (Registered number: 05402724) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 72,365 |  | 83,239 |  |

| Other loans more 5yrs instal | 14,933 |  | 29,545 |  |

87,298 |  | 112,784 |  |

9. | RELATED PARTY DISCLOSURES

| At the year end, the company owed £58,342 to the directors. The loans are interest free and are repayable upon demand