REGISTERED NUMBER: 12661090 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

LOGICAL PLUMBING SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Barker

Mrs C Barker

A Horton

REGISTERED OFFICE:

Grove Barn

11 Silica Court

Kirk Sandall

Doncaster

South Yorkshire

DN3 1EG

REGISTERED NUMBER:

12661090 (England and Wales)

AUDITORS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

Register Auditor

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Tangible assets

4

23,958

52,698

CURRENT ASSETS

Stocks

17,485

8,534

Debtors

5

871,431

791,286

Cash at bank

159,652

398,289

1,048,568

1,198,109

CREDITORS

Amounts falling due within one year

6

688,816

799,762

NET CURRENT ASSETS

359,752

398,347

TOTAL ASSETS LESS CURRENT LIABILITIES

383,710

451,045

PROVISIONS FOR LIABILITIES

5,990

13,175

NET ASSETS

377,720

437,870

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

376,720

436,870

377,720

437,870

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 Board of Directors and authorised for issue on 13th January 2026 and were signed on its behalf by:

D Barker - Director

A Horton - Director

1.	STATUTORY INFORMATION

Logical Plumbing Solutions 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st October 2024

6,066

88,420

3,798

98,284

Additions

1,256

2,373

802

4,431

Disposals

-

(44,445

)

-

(44,445

)

At 30th September 2025

7,322

46,348

4,600

58,270

DEPRECIATION

At 1st October 2024

3,388

39,321

2,877

45,586

Charge for year

984

6,618

569

8,171

Eliminated on disposal

-

(19,445

)

-

(19,445

)

At 30th September 2025

4,372

26,494

3,446

34,312

NET BOOK VALUE

At 30th September 2025

2,950

19,854

1,154

23,958

At 30th September 2024

2,678

49,099

921

52,698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

577,180

509,776

Other debtors

294,251

281,510

871,431

791,286

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

524,129

491,093

Amounts owed to group undertakings

25,000

60,000

Taxation and social security

83,844

156,171

Other creditors

55,843

92,498

688,816

799,762

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Tippett (Senior Statutory Auditor)

for and on behalf of Leesing Marrison Lee & Co

8.	RELATED PARTY DISCLOSURES

D Barker and C Barker are interested as directors in Albemarle Homes Limited and Albemarle Portfolio Limited. They are also interested as directors and shareholders in Albemarle Holdings Limited.

During the year, the company made sales of £947,149 (2024: £716,784) to Albemarle Homes Limited. There is a balance of £177,815 (2024: £119,150) due from Albemarle Homes Limited at the balance sheet date included in Trade Debtors. The company also made purchases of £31,508 (2024: £31,642) from Albemarle Homes Limited. There is a balance of £5,014 (2024: £1,688) due to Albemarle Homes Limited at the balance sheet date included in Trade Creditors.

During the year, the company made sales of £4,761 (2024: £2,012) to Albemarle Portfolio Limited and at the balance sheet date an amount of £2,604 (2024: Nil) is included in Trade Debtors.

An amount of £25,000 (2024: £60,000) is owed to Albemarle Holdings Limited at the balance sheet date and is included in Other Creditors.

A Horton is interested as director and shareholder in Logical Group Holdings Limited. An amount of £25,000 (2024: £Nil) is owed to Logical Group Holdings Limited and is included in Other Creditors.

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.