NORTHERN PLUMBING SUPPLIES LTD

NORTHERN PLUMBING SUPPLIES LTD
Registered number:		07727277
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		15,837			18,457

Current assets
Stocks		61,800			83,587
Debtors	4	353,608			273,566
Cash at bank and in hand		147,910			134,841
		563,318			491,994

Creditors: amounts falling due within one year	5	(200,424)			(156,165)

Net current assets			362,894			335,829

Total assets less current liabilities			378,731			354,286


Provisions for liabilities			(3,009)			(3,507)


Net assets			375,722			350,779

Capital and reserves
Called up share capital			2			2
Profit and loss account			375,720			350,777

Shareholder's funds			375,722			350,779

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Kay Dunn
Director
Approved by the board on 9 December 2025

NORTHERN PLUMBING SUPPLIES LTD
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Computer equipment			straight line over 4 years
	Motor Vehicles			25% reducing balance
	Fixtures, fittings and equipment			10% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Computer equipment		Fixtures, fittings & equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	1,796		37,477		11,000		50,273
	At 31 August 2025	1,796		37,477		11,000		50,273

	Depreciation
	At 1 September 2024	1,462		23,994		6,360		31,816
	Charge for the year	112		1,348		1,160		2,620
	At 31 August 2025	1,574		25,342		7,520		34,436

	Net book value
	At 31 August 2025	222		12,135		3,480		15,837
	At 31 August 2024	334		13,483		4,640		18,457




4	Debtors					2025		2024
£							£

	Trade debtors					279,839		201,552
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					54,728		55,268
	Other debtors					19,041		16,746
						353,608		273,566


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					109,566		108,468
	Corporation tax					10,785		13,245
	Other taxes and social security costs					43,480		24,972
	Other creditors					36,593		9,480
						200,424		156,165


6	Other information

	NORTHERN PLUMBING SUPPLIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	105 Redbrook Road
	Barnsley
	South Yorkshire
	S75 2RG