REGISTERED NUMBER: 14812918 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

TGP Plumbing and Heating Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T G Puddefoot

REGISTERED OFFICE:

14 Southfield Drive

Sutton Courtenay

Abingdon

Oxfordshire

OX14 4AY

REGISTERED NUMBER:

14812918 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

4

19,654

23,006

CURRENT ASSETS

Stocks

3,500

-

Debtors

5

49,688

13,797

Cash at bank

14,242

30,442

67,430

44,239

CREDITORS

Amounts falling due within one year

6

32,572

26,087

NET CURRENT ASSETS

34,858

18,152

TOTAL ASSETS LESS CURRENT LIABILITIES

54,512

41,158

CREDITORS

Amounts falling due after more than one year

7

(11,271

)

(14,868

)

PROVISIONS FOR LIABILITIES

(3,734

)

(4,371

)

NET ASSETS

39,507

21,919

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

39,407

21,819

SHAREHOLDERS' FUNDS

39,507

21,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 5 December 2025 and were signed by:

Mr T G Puddefoot - Director

1.	STATUTORY INFORMATION

TGP 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 (£).

The comparative figures reported cover a period of time other than one year, and as such may not be directly comparable to the results of the current reporting period.

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 etc

-

25% on reducing balance and 20% on reducing balance

Stocks

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

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

29,560

Additions

2,490

At 30 April 2025

32,050

DEPRECIATION

At 1 May 2024

6,554

Charge for year

5,842

At 30 April 2025

12,396

NET BOOK VALUE

At 30 April 2025

19,654

At 30 April 2024

23,006

Included within tangible fixed assets is one motor vehicle on hire purchase. The carrying value of the asset at the end of the reporting period amounted to £6,750 (2024: £9,000).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,674

175

Other debtors

28,014

13,622

49,688

13,797

Included within other debtors is a balnce owed from the company's director of £8,492 (2024: creditor of £196). The loan was repaid on 13 June 2025.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,597

3,597

Taxation and social security

9,160

12,329

Other creditors

19,815

10,161

32,572

26,087

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

11,271

14,868

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

14,868

18,465

The above debts are secured over the underlying assets financed.