| Cardrick Plumbing and Heating Ltd |
| Registered number: |
07041715 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
29,499 |
|
|
19,283 |
|
| Current assets |
| Stock |
|
|
15,000 |
|
|
15,000 |
| Debtors |
5 |
|
4,970 |
|
|
6,972 |
| Cash at bank and in hand |
|
|
32 |
|
|
308 |
|
|
|
20,002 |
|
|
22,280 |
|
| Creditors: amounts falling due within one year |
6 |
|
(26,575) |
|
|
(22,994) |
|
| Net current liabilities |
|
|
|
(6,573) |
|
|
(714) |
|
| Total assets less current liabilities |
|
|
|
22,926 |
|
|
18,569 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(10,802) |
|
|
(5,875) |
|
|
|
| Net assets |
|
|
|
12,124 |
|
|
12,694 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
12,122 |
|
|
12,692 |
|
| Shareholder's funds |
|
|
|
12,124 |
|
|
12,694 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D R Cardrick |
| Director |
|
| Date: 31 March 2026 |
|
| Cardrick Plumbing and Heating Ltd |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Plumbing equipment |
25% of reducing balance |
|
Office and store equipment |
25% of reducing balance |
|
Motor vehicles |
20% of reducing balance |
|
|
Stock |
|
Stock is measured at the lower of cost and estimated selling price, less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 November 2024 |
17,300 |
|
At 31 October 2025 |
17,300 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 November 2024 |
17,300 |
|
At 31 October 2025 |
17,300 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Up until 31 October 2019, goodwill was being written off in equal annual instalments over its original estimated economic life of 20 years. However, with the ongoing sole director, D R Cardrick, being of the opinion that the acquired goodwill no longer had any value, the remainder of the book value was written off in the year ended 31 October 2020. |
|
|
| 4 |
Tangible fixed assets |
|
|
Plumbing equipment |
|
Office and store equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 November 2024 |
2,063 |
|
3,175 |
|
38,285 |
|
43,523 |
|
Additions |
- |
|
- |
|
35,340 |
|
35,340 |
|
Disposals |
- |
|
- |
|
(34,535) |
|
(34,535) |
|
At 31 October 2025 |
2,063 |
|
3,175 |
|
39,090 |
|
44,328 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
1,371 |
|
2,778 |
|
20,091 |
|
24,240 |
|
Charge for the year |
173 |
|
99 |
|
7,170 |
|
7,442 |
|
On disposals |
- |
|
- |
|
(16,853) |
|
(16,853) |
|
At 31 October 2025 |
1,544 |
|
2,877 |
|
10,408 |
|
14,829 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
519 |
|
298 |
|
28,682 |
|
29,499 |
|
At 31 October 2024 |
692 |
|
397 |
|
18,194 |
|
19,283 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors and accrued income |
1,382 |
|
2,166 |
|
Overdrawn director's loan |
|
|
|
|
- |
|
4,289 |
|
Corporation tax refund |
|
|
|
|
1,358 |
|
- |
|
Other debtors and prepayments |
|
|
|
|
2,230 |
|
517 |
|
|
|
|
|
|
4,970 |
|
6,972 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank overdraft |
- |
|
4,573 |
|
Bounce back loan (part) |
4,426 |
|
4,426 |
|
Hire purchase account (part) |
4,411 |
|
650 |
|
Trade creditors |
5,292 |
|
910 |
|
Director's loan |
|
|
|
|
5,057 |
|
- |
|
Corporation tax |
|
|
|
|
- |
|
5,312 |
|
PAYE and VAT accruals |
|
|
|
|
1,156 |
|
3,020 |
|
Other creditors and accruals |
6,233 |
|
4,103 |
|
|
|
|
|
|
26,575 |
|
22,994 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bounce back loan (part) |
1,244 |
|
5,875 |
|
Hire purchase account (part) |
9,558 |
|
- |
|
|
|
|
|
|
10,802 |
|
5,875 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Cardrick Plumbing and Heating Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Upcott House, The Down |
|
Bere Alston |
|
Yelverton |
|
Devon |
|
PL20 7HG |