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Company Registration No. 14134336 (England and Wales)
Plumbusters Ltd Unaudited accounts for the year ended 31 May 2025
Plumbusters Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Plumbusters Ltd Company Information for the year ended 31 May 2025
Director
Mr Mathew Russell
Company Number
14134336 (England and Wales)
Registered Office
380A New Hythe Lane Larkfield Aylesford Kent ME20 6RZ
Accountants
Rustrick Accountants Limited 380A New Hythe lane Larkfield Maidstone Kent ME20 6RZ
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Plumbusters Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,621
2,607
Current assets
Debtors
5
58,279
3,614
Cash at bank and in hand
31,248
35,953
89,527
39,567
Creditors: amounts falling due within one year
6
(93,714)
(38,363)
Net current (liabilities)/assets
(4,187)
1,204
Net assets
434
3,811
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
433
3,810
Shareholders' funds
434
3,811
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 February 2026 and were signed on its behalf by
Mr Mathew Russell Director Company Registration No. 14134336
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Plumbusters Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Plumbusters Ltd is a private company, limited by shares, registered in England and Wales, registration number 14134336. The registered office is 380A New Hythe Lane , Larkfield , Aylesford, Kent, ME20 6RZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Plumbusters Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
3,674
Additions
4,000
Disposals
(791)
At 31 May 2025
6,883
Depreciation
At 1 June 2024
1,067
Charge for the year
1,541
On disposals
(346)
At 31 May 2025
2,262
Net book value
At 31 May 2025
4,621
At 31 May 2024
2,607
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
24,415
3,614
Other debtors
33,864
-
58,279
3,614
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,073
3,784
Trade creditors
14,000
2,593
Taxes and social security
37,041
30,657
Loans from directors
-
129
Accruals
1,600
1,200
Deferred income
40,000
-
93,714
38,363
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
The £111666.67 Management Fee of H20 Plumbusters Ltd
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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