No Nonsense Plumbing Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14027058

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,229		11,977

			8,229		11,977
CURRENT ASSETS
Debtors	5	41,849		987
Cash at bank and in hand		124,494		147,907

		166,343		148,894
Creditors: Amounts Falling Due Within One Year	6	(41,316 )		(82,588 )

NET CURRENT ASSETS (LIABILITIES)			125,027		66,306

TOTAL ASSETS LESS CURRENT LIABILITIES			133,256		78,283

NET ASSETS			133,256		78,283

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			133,156		78,183

SHAREHOLDERS' FUNDS			133,256		78,283

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No Nonsense Plumbing Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Obahiagbon

Director

14/01/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

No Nonsense Plumbing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14027058 . The registered office is First Floor, Copper House,, 88 Snakes Lane East, Woodford Green, IG8 7HX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance Method
Motor Vehicles	20% Straight Line Method

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

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No Nonsense Plumbing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2024	3,938	19,259	23,197
Additions	1,124	-	1,124

As at 30 April 2025	5,062	19,259	24,321

Depreciation
As at 1 May 2024	984	10,236	11,220
Provided during the period	1,020	3,852	4,872

As at 30 April 2025	2,004	14,088	16,092

Net Book Value
As at 30 April 2025	3,058	5,171	8,229

As at 1 May 2024	2,954	9,023	11,977

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	41,849	987

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,114	97
Corporation tax	22,353	18,316
VAT	3,006	9,038
Director's loan account	14,843	55,137

	41,316	82,588

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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