REGISTERED NUMBER: 06506556 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Pipeworks Mechanical Services

(South East) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A Hartridge

SECRETARY:

Mrs D Hartridge

REGISTERED OFFICE:

Mill House, Hothfield Mill

Maidstone Road

Hothfield

Ashford

Kent

TN26 1AE

REGISTERED NUMBER:

06506556 (England and Wales)

ACCOUNTANTS:

Beverton & Co.

Chartered Accountants

Maybrook House

York Street

Dover

Kent

CT17 9FA

FIXED ASSETS

Tangible assets

4

9,911

13,033

CURRENT ASSETS

Stocks

365,000

370,883

Debtors

5

80,377

327,897

Cash at bank

33,858

51,339

479,235

750,119

CREDITORS

Amounts falling due within one year

6

279,129

543,263

NET CURRENT ASSETS

200,106

206,856

TOTAL ASSETS LESS CURRENT LIABILITIES

210,017

219,889

PROVISIONS FOR LIABILITIES

1,883

2,476

NET ASSETS

208,134

217,413

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

207,934

217,213

SHAREHOLDERS' FUNDS

208,134

217,413

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 9 December 2025 and were signed by:

M A Hartridge - Director

1.	STATUTORY INFORMATION

Pipeworks Mechanical Services (South East) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 13 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

84,154

DEPRECIATION

At 1 April 2024

71,121

Charge for year

3,122

At 31 March 2025

74,243

NET BOOK VALUE

At 31 March 2025

9,911

At 31 March 2024

13,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

64,537

269,766

Other debtors

15,840

58,131

80,377

327,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

56,386

314,634

Taxation and social security

19,738

27,878

Other creditors

203,005

200,751

279,129

543,263

7.	RELATED PARTY DISCLOSURES

The company is owned and controlled by the director and secretary.