REGISTERED NUMBER: 08440745 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

JTS Plumbing and Gas Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Spurling

REGISTERED OFFICE:

34 The Pastures

Rushmere St Andrews

Ipswich

Suffolk

IP4 5UQ

REGISTERED NUMBER:

08440745 (England and Wales)

ACCOUNTANTS:

Guymer King Limited

4 Stone Street Court

Stone Street

Hadleigh

Suffolk

IP7 6HY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

115,812

24,018

Investments

6

12,400

12,400

128,212

36,418

CURRENT ASSETS

Debtors

7

253,289

230,238

Prepayments and accrued income

4,828

2,387

Cash at bank and in hand

15,605

25,875

273,722

258,500

CREDITORS

Amounts falling due within one year

8

108,528

63,621

NET CURRENT ASSETS

165,194

194,879

TOTAL ASSETS LESS CURRENT LIABILITIES

293,406

231,297

CREDITORS

Amounts falling due after more than one year

9

(74,367

)

(18,083

)

PROVISIONS FOR LIABILITIES

(28,953

)

(6,005

)

NET ASSETS

190,086

207,209

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

189,986

207,109

190,086

207,209

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 29 December 2025 and were signed by:

J Spurling - Director

1.	STATUTORY INFORMATION

JTS Plumbing and Gas 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, 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

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,000

AMORTISATION

At 1 April 2024

and 31 March 2025

10,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

78,255

Additions

98,059

At 31 March 2025

176,314

DEPRECIATION

At 1 April 2024

54,237

Charge for year

6,265

At 31 March 2025

60,502

NET BOOK VALUE

At 31 March 2025

115,812

At 31 March 2024

24,018

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

12,400

NET BOOK VALUE

At 31 March 2025

12,400

At 31 March 2024

12,400

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

10,563

13,241

Amounts owed by group undertakings

240,972

215,972

Other debtors

1,754

1,025

253,289

230,238

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

13,800

12,133

Hire purchase contracts

12,839

-

Trade creditors

14,606

2

Taxation and social security

13,630

37,563

Other creditors

53,653

13,923

108,528

63,621

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,617

18,083

Hire purchase contracts

71,750

-

74,367

18,083