Company Registration No. 11273560 (England and Wales)
Daglish Plumbing Limited
Unaudited accounts
for the year ended 31 March 2025
Daglish Plumbing Limited
Unaudited accounts
Contents
Daglish Plumbing Limited
Company Information
for the year ended 31 March 2025
Company Number
11273560 (England and Wales)
Registered Office
1 & 3 Kings Meadow
Osney Mead
Oxford
OX2 0DP
United Kingdom
Accountants
M.A. Skyrme Associates
Lothlorien
Quarry Hollow
Headington
Oxford
OX3 8JR
Daglish Plumbing Limited
Accountants' report
Accountants' report to the director of Daglish Plumbing Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
M.A. Skyrme Associates
Lothlorien
Quarry Hollow
Headington
Oxford
OX3 8JR
19 December 2025
Daglish Plumbing Limited
Statement of financial position
as at 31 March 2025
Intangible assets
3,000
4,000
Tangible assets
27,757
3,858
Cash at bank and in hand
1,301
1,193
Creditors: amounts falling due within one year
(34,154)
(20,996)
Net current assets
8,109
2,480
Total assets less current liabilities
38,866
10,338
Creditors: amounts falling due after more than one year
(38,728)
(10,154)
Called up share capital
100
100
Profit and loss account
38
84
Shareholders' funds
138
184
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Matthew Daglish
Director
Company Registration No. 11273560
Daglish Plumbing Limited
Notes to the Accounts
for the year ended 31 March 2025
Daglish Plumbing Limited is a private company, limited by shares, registered in England and Wales, registration number 11273560. The registered office is 1 & 3 Kings Meadow, Osney Mead, Oxford, OX2 0DP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line basis
Motor vehicles
15% straight line basis
Fixtures & fittings
25% reducing balance basis
4
Intangible fixed assets
Goodwill
Daglish Plumbing Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
1,187
15,433
1,053
17,673
Additions
-
28,500
4,211
32,711
Disposals
-
(15,434)
-
(15,434)
At 31 March 2025
1,187
28,499
5,264
34,950
At 1 April 2024
1,187
11,575
1,053
13,815
Charge for the year
-
3,563
1,390
4,953
On disposals
-
(11,575)
-
(11,575)
At 31 March 2025
1,187
3,563
2,443
7,193
At 31 March 2025
-
24,936
2,821
27,757
At 31 March 2024
-
3,858
-
3,858
Raw materials
13,044
1,000
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of
inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or
selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs.
The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.
Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Amounts falling due within one year
Trade debtors
10,057
8,182
Other debtors
15,418
11,919
Daglish Plumbing Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
15,274
6,060
Obligations under finance leases and hire purchase contracts
3,224
-
Trade creditors
11,446
7,836
Taxes and social security
2,771
2,650
Other creditors
1,114
4,150
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
20,914
-
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).