REGISTERED NUMBER: 06815547 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Peacock Plumbing & Heating Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Peacock

REGISTERED OFFICE:

Floreys Barn

Brighthampton

Witney

Oxfordshire

OX29 7QQ

REGISTERED NUMBER:

06815547 (England and Wales)

ACCOUNTANTS:

Ayres Accounting Limited

13 Heron Drive

Witney

Oxfordshire

OX28 6NP

FIXED ASSETS

Intangible assets

4

28,565

28,565

Tangible assets

5

204,139

128,095

232,704

156,660

CURRENT ASSETS

Debtors

6

57,911

58,509

Cash at bank

20,855

94,576

78,766

153,085

CREDITORS

Amounts falling due within one year

7

131,906

158,059

NET CURRENT LIABILITIES

(53,140

)

(4,974

)

TOTAL ASSETS LESS CURRENT LIABILITIES

179,564

151,686

CREDITORS

Amounts falling due after more than one year

8

(92,543

)

(70,226

)

PROVISIONS FOR LIABILITIES

(28,045

)

-

NET ASSETS

58,976

81,460

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

58,973

81,457

58,976

81,460

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 24 December 2025 and were signed by:

S J Peacock - Director

1.	STATUTORY INFORMATION

Peacock Plumbing & 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. It is recognised in respect of plumbing, heat and air-conditioning installation services.

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

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

Motor Vehicles - 25% reducing balance basis

Computer Equipment - 33% reducing balance basis

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.

Hire purchase and leasing commitments

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit / (loss) on a straight line basis over the lease term.

Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

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 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

28,565

NET BOOK VALUE

At 31 March 2025

28,565

At 31 March 2024

28,565

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

56,533

182,136

238,669

Additions

-

110,065

110,065

At 31 March 2025

56,533

292,201

348,734

DEPRECIATION

At 1 April 2024

-

110,574

110,574

Charge for year

-

34,021

34,021

At 31 March 2025

-

144,595

144,595

NET BOOK VALUE

At 31 March 2025

56,533

147,606

204,139

At 31 March 2024

56,533

71,562

128,095

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

54,990

58,509

Other debtors

2,921

-

57,911

58,509

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

42,340

25,683

Hire purchase contracts

33,513

-

Trade creditors

29,544

89,922

Taxation and social security

24,580

50,429

Other creditors

1,929

(7,975

)

131,906

158,059

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,667

26,667

Hire purchase contracts

85,876

43,559

92,543

70,226