Registration number: 00670028

T. Dixon & Sons (Plumbers) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

T. Dixon & Sons (Plumbers) Limited

(Registration number: 00670028)
Balance Sheet as at 5 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	61,374	113,695
Other financial assets	5	51	51
		61,425	113,746
Current assets
Stocks	6	1,005,295	1,035,859
Debtors	7	344,960	445,282
Cash at bank and in hand		231,614	44,129
		1,581,869	1,525,270
Creditors: Amounts falling due within one year	8	(158,350)	(243,109)
Net current assets		1,423,519	1,282,161
Total assets less current liabilities		1,484,944	1,395,907
Provisions for liabilities		(16,885)	21,524
Net assets		1,468,059	1,417,431
Capital and reserves
Called up share capital	9	450	450
Other reserves		1,550	1,550
Retained earnings		1,466,059	1,415,431
Shareholders' funds		1,468,059	1,417,431

For the financial year ending 5 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 December 2025 and signed on its behalf by:
 

......................................... Mr T Dixon Director

......................................... Mr S Dixon Company secretary and director

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ash Lane
Brigsley Road
Ashby-cum-Fenby
Grimsby
N E Lincs
DN37 0QN

These financial statements were authorised for issue by the Board on 18 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15%/ 33% per annum of net book value
Motor vehicles	25% per annum of net book value

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 6 (2024 - 6).

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 6 April 2024	102,912	113,817	216,729
Disposals	(2,828)	(64,364)	(67,192)
At 5 April 2025	100,084	49,453	149,537
Depreciation
At 6 April 2024	45,441	57,593	103,034
Charge for the year	8,623	14,461	23,084
Eliminated on disposal	(2,490)	(35,465)	(37,955)
At 5 April 2025	51,574	36,589	88,163
Carrying amount
At 5 April 2025	48,510	12,864	61,374
At 5 April 2024	57,471	56,224	113,695

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 6 April 2024	51	51
At 5 April 2025	51	51
Carrying amount
At 5 April 2025	51	51
At 5 April 2024	51	51

6

Stocks

	2025 £	2024 £
Raw materials and consumables	12,743	14,675
Work in progress	992,552	1,021,184
	1,005,295	1,035,859

7

Debtors

Current	2025 £	2024 £
Trade debtors	139,759	114,023
Prepayments	13,538	8,274
Other debtors	191,663	322,985
	344,960	445,282

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	103,644	63,795
Taxation and social security	15,480	85,538
Accruals and deferred income	9,217	13,350
Other creditors	30,009	80,426
	158,350	243,109

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	450	450	450	450

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £49,928 (2024 - £70,588).

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025

11	Related party transactions

Transactions with Directors

2025	At 6 April 2024 £	Advances to Director £	Repayments by Director £	At 5 April 2025 £
Mr S Dixon
Directors Current Account	277,375	5,606	(158,655)	124,326
Mr R Dixon
Directors Current Account	970	6,517	(3,113)	4,374

2024	At 6 April 2023 £	Advances to Director £	Repayments by Director £	At 5 April 2024 £
Mr S Dixon
Directors Current Account	-	332,470	(55,095)	277,375
Mr R Dixon
Directors Current Account	-	3,312	(2,342)	970