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Registered number: 08518545
K & D Heating & Plumbing Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
MACRO ACCOUNTANCY LTD
Willows Holt Yard, Willows Holt
Willows Lane, Sibsey,
Boston
Lincolnshire
PE22 0TG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08518545
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,000 40,500
Tangible Assets 5 14,452 14,987
50,452 55,487
CURRENT ASSETS
Stocks 6 7,000 7,000
Debtors 7 25,180 47,672
Cash at bank and in hand 5,620 8,849
37,800 63,521
Creditors: Amounts Falling Due Within One Year 8 (52,068 ) (79,535 )
NET CURRENT ASSETS (LIABILITIES) (14,268 ) (16,014 )
TOTAL ASSETS LESS CURRENT LIABILITIES 36,184 39,473
Creditors: Amounts Falling Due After More Than One Year 9 (17,750 ) (22,750 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,848 ) (2,848 )
NET ASSETS 15,586 13,875
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 15,486 13,775
SHAREHOLDERS' FUNDS 15,586 13,875
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mark Davie
Director
Mrs Joanne Davie
Director
18/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
K & D Heating & Plumbing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08518545 . The registered office is 63 Broadway, Yaxley, Peterborough, Cambridgeshire, PE7 3EA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
Computer Equipment 25% reducing balance basis
2.5. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
...CONTINUED
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Page 4
2.6. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 8)
7 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 90,000
As at 31 March 2025 90,000
Amortisation
As at 1 April 2024 49,500
Provided during the period 4,500
As at 31 March 2025 54,000
Net Book Value
As at 31 March 2025 36,000
As at 1 April 2024 40,500
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 10,000 52,086 1,883 63,969
Additions - 2,800 - 2,800
As at 31 March 2025 10,000 54,886 1,883 66,769
Depreciation
As at 1 April 2024 7,667 39,447 1,868 48,982
Provided during the period 171 3,160 4 3,335
As at 31 March 2025 7,838 42,607 1,872 52,317
Net Book Value
As at 31 March 2025 2,162 12,279 11 14,452
As at 1 April 2024 2,333 12,639 15 14,987
6. Stocks
2025 2024
£ £
Stock 7,000 7,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,342 46,778
Prepayments and accrued income 838 894
25,180 47,672
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 31,175 31,618
Bank loans and overdrafts 5,000 5,000
Corporation tax 4,866 5,679
Other taxes and social security 2,340 2,773
VAT 7,374 4,597
Pension creditor 267 243
...CONTINUED
Page 5
Page 6
Company credit card creditor - 3,656
Accruals and deferred income 875 865
Directors' loan accounts 171 25,104
52,068 79,535
Bank loan is unsecured by the company but under the covid 19 pandemic, the United Kingdom government secure the loan.
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 17,750 22,750
Bank loan is unsecured by the company but under the covid 19 pandemic, the United Kingdom government secure the loan.
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 6