Precise Eco Plumbing And Heating Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13489578 (England and Wales)

Financial Statements

for the Year Ended 31 July 2025

for

PRECISE ECO PLUMBING AND HEATING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr L Hoad

Mr L J Owen

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

13489578 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

10,061

8,044

CURRENT ASSETS

Debtors

5

29,436

22,026

Cash at bank

164,542

65,959

193,978

87,985

CREDITORS

Amounts falling due within one year

6

78,474

50,391

NET CURRENT ASSETS

115,504

37,594

TOTAL ASSETS LESS CURRENT
LIABILITIES

125,565

45,638

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

8

125,365

45,438

SHAREHOLDERS' FUNDS

125,565

45,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 January 2026 and were signed on its behalf by:

Mr L J Owen - Director

Mr L Hoad - Director

1.	STATUTORY INFORMATION

Precise Eco Plumbing And Heating Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Computer equipment - 33% on reducing balance

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.

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 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 August 2024

10,176

1,427

11,603

Additions

1,931

3,970

5,901

At 31 July 2025

12,107

5,397

17,504

DEPRECIATION

At 1 August 2024

3,127

432

3,559

Charge for year

2,245

1,639

3,884

At 31 July 2025

5,372

2,071

7,443

NET BOOK VALUE

At 31 July 2025

6,735

3,326

10,061

At 31 July 2024

7,049

995

8,044

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

28,772

21,477

Prepayments and accrued income

664

549

29,436

22,026

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade creditors

2,796

2,343

Tax

50,745

31,730

Social security and other taxes

738

958

VAT

3,401

3,552

Other creditors - CIS Control

2,160

293

Directors' current accounts

15,944

8,825

Accruals and deferred income

2,690

78,474

50,391

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

100

A Ordinary

£1

100

B Ordinary

£1

100

200

8.

RESERVES

Retained

earnings

£

At 1 August 2024

45,438

Profit for the year

155,327

Dividends

(75,400

)

At 31 July 2025

125,365

9.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in creditors due within one year is an amount of £15,944 (2024: £8,825) due and payable to the directors. The amount is interest free and repayable on demand.