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COMPANY REGISTRATION NUMBER: 07941713

RB Plumbing & Heating South Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

RB Plumbing & Heating South Limited

Financial Statements

Year ended 31 March 2025

Contents | Pages

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2 to 3

Notes to the financial statements | 4 to 8

RB Plumbing & Heating South Limited

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of RB Plumbing & Heating South Limited

Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RB Plumbing & Heating South Limited for the year ended 31 March 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.
PORTER GARLAND Chartered accountants
Communication House Victoria Avenue Camberley Surrey GU15 3HX
21 January 2026

RB Plumbing & Heating South Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 56,365 |  | 68,572

Current assets

Stocks | 2,000 |  | 2,000 |
Debtors | 6 | 946,737 |  | 870,998 |
Cash at bank and in hand | – |  | 74,586 |
| --------- |  | --------- |
| 948,737 |  | 947,584 |

Creditors: amounts falling due within one year | 7 | 679,752 |  | 675,633 |
| --------- |  | --------- |
Net current assets |  | 268,985 |  | 271,951
|  | --------- |  | ---------
Total assets less current liabilities |  | 325,350 |  | 340,523

Creditors: amounts falling due after more than one year | 8 |  | 122,333 |  | 160,143

Provisions |  | 14,091 |  | 17,143
|  | --------- |  | ---------
Net assets |  | 188,926 |  | 163,237
|  | --------- |  | ---------

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 188,826 |  | 163,137
|  | --------- |  | ---------
Shareholders funds |  | 188,926 |  | 163,237
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RB Plumbing & Heating South Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 21 January 2026 , and are signed on behalf of the board by:

Mr R Symes |
Director |

Company registration number: 07941713

RB Plumbing & Heating South Limited

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Communication House, Victoria Avenue, Camberley, Surrey, GU15 3HX.
2. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the profit and loss account. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the profit and loss account.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises the value of sales (net of VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Turnover is recognised by reference to the invoice date as this is the point at which the risks and rewards pass to the customer.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% straight line
| Fixtures and fittings | - | 20% reducing balance
| Equipment | - | 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
3. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 11 ).
4. Intangible assets

| Goodwill
| £
Cost |
At 1 April 2024 and 31 March 2025 | 30,000
| --------
Amortisation |
At 1 April 2024 and 31 March 2025 | 30,000
| --------
Carrying amount |
At 31 March 2025 | –
| --------
At 31 March 2024 | –
| --------

5. Tangible assets

| Plant and machinery | Fixtures and fittings | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 April 2024 | 125,253 | 16,847 | 18,200 | 160,300
Additions | 5,639 | – | 641 | 6,280
| --------- | -------- | -------- | ---------
At 31 March 2025 | 130,892 | 16,847 | 18,841 | 166,580
| --------- | -------- | -------- | ---------
Depreciation |  |  |  |
At 1 April 2024 | 65,731 | 12,002 | 13,995 | 91,728
Charge for the year | 15,383 | 966 | 2,138 | 18,487
| --------- | -------- | -------- | ---------
At 31 March 2025 | 81,114 | 12,968 | 16,133 | 110,215
| --------- | -------- | -------- | ---------
Carrying amount |  |  |  |
At 31 March 2025 | 49,778 | 3,879 | 2,708 | 56,365
| --------- | -------- | -------- | ---------
At 31 March 2024 | 59,522 | 4,845 | 4,205 | 68,572
| --------- | -------- | -------- | ---------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 636,559 | 496,116
Other debtors | 310,178 | 374,882
| --------- | ---------
| 946,737 | 870,998
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 49,317 | 57,409
Trade creditors | 506,521 | 394,897
Social security and other taxes | 113,871 | 49,716
Other creditors | 10,043 | 173,611
| --------- | ---------
| 679,752 | 675,633
| --------- | ---------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 95,354 | 123,009
Other creditors | 26,979 | 37,134
| --------- | ---------
| 122,333 | 160,143
| --------- | ---------

9. Director's advances, credits and guarantees
As at the 31 March 2025 the company was owed £202,750 (2024: £258,415 ) by the director. The loan was repayable on demand.
10. Related party transactions
All material transactions the company has entered into have been concluded under normal market conditions.