REGISTERED NUMBER: 06566766 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Modern Plumbing and Heating Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Mrozi

REGISTERED OFFICE:

3 Vulcan Gate

Enfield

Middlesex

EN2 7PP

REGISTERED NUMBER:

06566766 (England and Wales)

ACCOUNTANTS:

Ortenz & Co Ltd

354 High Street North

London

E12 6PH

FIXED ASSETS

Tangible assets

4

1,270

2,079

CURRENT ASSETS

Debtors

5

738,385

372,702

Cash at bank and in hand

11,766

327,438

750,151

700,140

CREDITORS

Amounts falling due within one year

6

82,633

72,582

NET CURRENT ASSETS

667,518

627,558

TOTAL ASSETS LESS CURRENT LIABILITIES

668,788

629,637

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

668,786

629,635

SHAREHOLDERS' FUNDS

668,788

629,637

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 director acknowledges his 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 director and authorised for issue on 3 May 2025 and were signed by:

B Mrozi - Director

1.	STATUTORY INFORMATION

Modern Plumbing and Heating 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

132,384

Additions

1,133

At 31 March 2025

133,517

DEPRECIATION

At 1 April 2024

130,305

Charge for year

1,942

At 31 March 2025

132,247

NET BOOK VALUE

At 31 March 2025

1,270

At 31 March 2024

2,079

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

62,157

62,919

Amounts owed by associates

350,000

-

Other debtors

264,924

248,479

677,081

311,398

Amounts falling due after more than one year:

Other debtors

61,304

61,304

Aggregate amounts

738,385

372,702

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

26,637

16,717

Trade creditors

(1

)

-

Taxation and social security

52,697

44,606

Other creditors

3,300

11,259

82,633

72,582

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

B Mrozi

Balance outstanding at start of year

188,628

188,628

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

188,628

188,628