IRIS Accounts Production v25.4.0.155 SC616025 Board of Directors Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC616025 2024-04-30 SC616025 2025-04-30 SC616025 2024-05-01 2025-04-30 SC616025 2023-04-30 SC616025 2023-05-01 2024-04-30 SC616025 2024-04-30 SC616025 ns15:Scotland 2024-05-01 2025-04-30 SC616025 ns14:PoundSterling 2024-05-01 2025-04-30 SC616025 ns10:Director1 2024-05-01 2025-04-30 SC616025 ns10:Director2 2024-05-01 2025-04-30 SC616025 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC616025 ns10:SmallEntities 2024-05-01 2025-04-30 SC616025 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC616025 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 SC616025 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC616025 ns10:FullAccounts 2024-05-01 2025-04-30 SC616025 ns10:RegisteredOffice 2024-05-01 2025-04-30 SC616025 ns5:CurrentFinancialInstruments 2025-04-30 SC616025 ns5:CurrentFinancialInstruments 2024-04-30 SC616025 ns5:Non-currentFinancialInstruments 2025-04-30 SC616025 ns5:Non-currentFinancialInstruments 2024-04-30 SC616025 ns5:ShareCapital 2025-04-30 SC616025 ns5:ShareCapital 2024-04-30 SC616025 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 SC616025 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 SC616025 ns5:PlantMachinery 2024-05-01 2025-04-30 SC616025 ns5:PlantMachinery 2024-04-30 SC616025 ns5:PlantMachinery 2025-04-30 SC616025 ns5:PlantMachinery 2024-04-30 SC616025 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-30 SC616025 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-04-30 SC616025 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-30 SC616025 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 SC616025 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 SC616025 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-04-30 SC616025 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-04-30 SC616025 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-04-30 SC616025 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-04-30 SC616025 ns5:WithinOneYear 2025-04-30 SC616025 ns5:WithinOneYear 2024-04-30 SC616025 ns5:BetweenOneFiveYears 2025-04-30 SC616025 ns5:BetweenOneFiveYears 2024-04-30 SC616025 ns5:MoreThanFiveYears 2025-04-30 SC616025 ns5:MoreThanFiveYears 2024-04-30 SC616025 ns5:AllPeriods 2025-04-30 SC616025 ns5:AllPeriods 2024-04-30 SC616025 ns5:Secured 2025-04-30 SC616025 ns5:Secured 2024-04-30 SC616025 ns10:Director1 1 2024-04-30 SC616025 ns10:Director1 1 2023-04-30 SC616025 ns10:Director1 1 2024-05-01 2025-04-30 SC616025 ns10:Director1 1 2023-05-01 2024-04-30 SC616025 ns10:Director1 1 2025-04-30 SC616025 ns10:Director1 1 2024-04-30 SC616025 2 ns10:Director2 2024-04-30 SC616025 2 ns10:Director2 2023-04-30 SC616025 2 ns10:Director2 2024-05-01 2025-04-30 SC616025 2 ns10:Director2 2023-05-01 2024-04-30 SC616025 2 ns10:Director2 2025-04-30 SC616025 2 ns10:Director2 2024-04-30

REGISTERED NUMBER: SC616025 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Central Plumbing Supplies Ltd

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Central Plumbing Supplies Ltd |

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | Paul Kevin John Andrew Armstrong

| Keith James William Ross

| REGISTERED OFFICE: | Unit 2

| Southhook Road

| Kilmarnock

| Ayrshire

| KA1 2NN

| REGISTERED NUMBER: | SC616025 (Scotland)

| ACCOUNTANTS: | Gillespie & Anderson

| Chartered Accountants

| Westburn Business Centre

| McNee Road

| Prestwick

| KA9 2PB

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 12,766 |  | 15,654 |  |

CURRENT ASSETS

Stocks | 84,749 |  | 124,540 |  |

Debtors | 5 | 174,370 |  | 136,359 |  |

Cash at bank | 62,841 |  | 47,422 |  |

321,960 |  | 308,321 |  |

CREDITORS

Amounts falling due within one year | 6 | 306,845 |  | 309,082 |  |

NET CURRENT ASSETS/(LIABILITIES) | 15,115 |  | (761 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 27,881 |  | 14,893 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (24,354 | ) | (29,676 | ) |

PROVISIONS FOR LIABILITIES | (3,191 | ) | (2,974 | ) |

NET ASSETS/(LIABILITIES) | 336 |  | (17,757 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 236 |  | (17,857 | ) |

SHAREHOLDERS' FUNDS | 336 |  | (17,757 | ) |

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 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.

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Balance Sheet - continued

30 April 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 January 2026 and were signed on its behalf by:

Paul Kevin John Andrew Armstrong - Director

Keith James William Ross - Director

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Central Plumbing Supplies Ltd is a private company, limited by shares , registered in Scotland. 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.

| Going concern

| The directors review the trading results of the business on a monthly basis to ensure budgets are being met. This combined with a close control of debtor recoveries and creditor payments allows them as far as possible to ensure that sufficient resources are available to meet commitments as they fall due. On this basis, and taking account of the current levels of trading activity, the directors have prepared the accounts on a going concern basis.

| Turnover/revenue recognition

| Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the Company's activities. Sales are presented, net of value-added tax, rebates and discounts.

| The Company recognises revenue when the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the Company's activities are met.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

| Tangible fixed assets are stated at cost less depreciation.

| Impairment of fixed assets

| At each reporting date, the company reviews the carrying amount of its tangible and intangible fixed assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists the recoverable amount of the asset is estimated in order to determine the amount of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Stocks

| Stocks are valued at the lower of cost and net realisable value. Cost is based on the cost of purchase on a first in, first out basis. Net realisable value is based on estimated selling price less additional costs to completion and disposal.

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

| Where assets are financed by leasing agreements that give rights approximating to ownership (finance leases), the assets are treated as if they had been purchased outright. The amount capitalised is the present value of the minimum lease payments payable over the term of the lease. The corresponding leasing commitments are shown as amounts payable to the lessor. Depreciation on the relevant assets is charged to the profit and loss account over the shorter of estimated useful economic life and the period of the lease.

| Lease payments are analysed between capital and interest components so that the interest element of the payment is charged to the profit and loss account over the period of the lease and is calculated so that it represents a constant proportion of the balance of capital repayments outstanding. The capital part reduces the amounts payable to the lessor.

| All other leases are treated as operating leases. Their annual rentals are charged to the profit and loss account on a straight line basis over the terms of the lease.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash held by the company and short term bank deposits with an original maturity of three months or less from inception and are subject to insignificant risk of changes in value.

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

| The company has two main categories of financial instruments, which are loans and other receivables and other financial liabilities:

| Loans and other receivables

| Loans and other receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. Upon recognition, these assets are measured at fair value less directly related transaction expenses. In successive periods these are measured at amortised cost, and any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value less any allowance for credit losses.

| Other financial liabilities

| Other financial liabilities are recognised initially at fair value, net of transaction costs incurred. In successive periods these are measured at amortised cost. Any differences between acquisition cost and redemption value is accounted for over the borrowing period by using the effective interest method. If transaction costs are immaterial and the credit period is short, amortised cost is equal to the nominal value.

| Impairment of financial instruments

| A provision for impairment is established when there is objective evidence that, as a result of one or more events that occurred after the initial recognition, the estimated future cash flows have been impacted.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 55,834 |  |

| DEPRECIATION

| At 1 May 2024 | 40,180 |  |

| Charge for year | 2,888 |  |

| At 30 April 2025 | 43,068 |  |

| NET BOOK VALUE

| At 30 April 2025 | 12,766 |  |

| At 30 April 2024 | 15,654 |  |

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 May 2024 | 19,358 |  |

| Transfer to ownership | (19,358 | ) |

| At 30 April 2025 | - |  |

| DEPRECIATION

| At 1 May 2024 | 14,764 |  |

| Transfer to ownership | (14,764 | ) |

| At 30 April 2025 | - |  |

| NET BOOK VALUE

| At 30 April 2025 | - |  |

| At 30 April 2024 | 4,594 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 114,275 |  | 75,472 |  |

| Other debtors | 44,900 |  | 45,692 |  |

159,175 |  | 121,164 |  |

| Amounts falling due after more than one year:

| Other debtors | 15,195 |  | 15,195 |  |

| Aggregate amounts | 174,370 |  | 136,359 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,949 |  | 5,949 |  |

| Hire purchase contracts (see note 8) | - |  | 313 |  |

| Trade creditors | 139,921 |  | 168,593 |  |

| Taxation and social security | 123,635 |  | 86,909 |  |

| Other creditors | 37,340 |  | 47,318 |  |

306,845 |  | 309,082 |  |

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 24,354 |  | 29,676 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 5,881 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 313 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 18,000 |  | 18,000 |  |

| Between one and five years | 72,000 |  | 72,000 |  |

| In more than five years | 18,000 |  | 18,000 |  |

108,000 |  | 108,000 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 30,303 |  | 35,625 |  |

| Hire purchase contracts | - |  | 313 |  |

30,303 |  | 35,938 |  |

| Hire purchase creditors are secured over the assets funded with interest chargeable at a commercial rate.

| The bank loan is supported by a 100% guarantee from the UK Government. Interest is charged at a commercial rate of interest.

| Central Plumbing Supplies Ltd (Registered number: SC616025) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| Paul Kevin John Andrew Armstrong

| Balance outstanding at start of year | 20,240 |  | 9,207 |  |

| Amounts advanced | 11,154 |  | 11,033 |  |

| Amounts repaid | (10,250 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 21,144 |  | 20,240 |  |

| Keith James William Ross

| Balance outstanding at start of year | 25,452 |  | 17,537 |  |

| Amounts advanced | 8,553 |  | 7,915 |  |

| Amounts repaid | (10,250 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 23,755 |  | 25,452 |  |

| Director's loans due to the company are unsecured, have no fixed repayment terms and no interest is charged.

11. | ULTIMATE CONTROLLING PARTY

| The company is under the control of the two Directors by virtue of their majority shareholding.