Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited 13294241 false 2025-04-01 2026-03-31 2026-03-31 The principal activity of the company is plumber Digita Accounts Production Advanced 6.30.9574.0 true true 13294241 2025-04-01 2026-03-31 13294241 2026-03-31 13294241 core:RetainedEarningsAccumulatedLosses 2026-03-31 13294241 core:ShareCapital 2026-03-31 13294241 core:CurrentFinancialInstruments 2026-03-31 13294241 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 13294241 core:Non-currentFinancialInstruments 2026-03-31 13294241 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 13294241 core:MotorVehicles 2026-03-31 13294241 core:PlantMachinery 2026-03-31 13294241 bus:SmallEntities 2025-04-01 2026-03-31 13294241 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 13294241 bus:FullAccounts 2025-04-01 2026-03-31 13294241 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13294241 bus:RegisteredOffice 2025-04-01 2026-03-31 13294241 bus:Director1 2025-04-01 2026-03-31 13294241 bus:Director2 2025-04-01 2026-03-31 13294241 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13294241 core:MotorVehicles 2025-04-01 2026-03-31 13294241 core:PlantMachinery 2025-04-01 2026-03-31 13294241 core:VehiclesPlantMachinery 2025-04-01 2026-03-31 13294241 countries:UnitedKingdom 2025-04-01 2026-03-31 13294241 2025-03-31 13294241 core:MotorVehicles 2025-03-31 13294241 core:PlantMachinery 2025-03-31 13294241 2024-04-01 2025-03-31 13294241 2025-03-31 13294241 core:RetainedEarningsAccumulatedLosses 2025-03-31 13294241 core:ShareCapital 2025-03-31 13294241 core:CurrentFinancialInstruments 2025-03-31 13294241 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 13294241 core:Non-currentFinancialInstruments 2025-03-31 13294241 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 13294241 core:MotorVehicles 2025-03-31 13294241 core:PlantMachinery 2025-03-31 iso4217:GBP xbrli:pure

Filleted

Registration number: 13294241

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2026

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 9

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Company Information

Directors | Mr D J A Lewis Mrs S E Lewis

Registered office | Dolwerdd Rhosmaen Llandeilo SA19 6NP

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

(Registration number: 13294241)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 62,354 | 64,915
Current assets |  |  |
Stocks | 6 | 24,770 | 10,155
Debtors | 7 | 95,952 | 93,680
|  | 120,722 | 103,835
Creditors: Amounts falling due within one year | 8 | (54,341) | (88,263)
Net current assets |  | 66,381 | 15,572
Total assets less current liabilities |  | 128,735 | 80,487
Creditors: Amounts falling due after more than one year | 8 | (118,038) | (75,510)
Provisions for liabilities |  | (11,966) | (13,185)
Net liabilities |  | (1,269) | (8,208)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Profit and loss account |  | (1,271) | (8,210)
Total equity |  | (1,269) | (8,208)

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

(Registration number: 13294241)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:

......................................... Mr D J A Lewis Director | ......................................... Mrs S E Lewis Director |

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Dolwerdd
Rhosmaen
Llandeilo
SA19 6NP

These financial statements were authorised for issue by the Board on 13 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | 25% Reducing balance basis
Plant and machinery | 10% Reducing balance basis

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 6).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2026 £ | 2025 £
Depreciation expense | 20,239 | 19,916

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

5 | Tangible assets

| Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2025 | 12,901 | 112,640 | 125,541
Additions | - | 21,495 | 21,495
Disposals | - | (22,726) | (22,726)
At 31 March 2026 | 12,901 | 111,409 | 124,310
Depreciation
At 1 April 2025 | 3,805 | 56,821 | 60,626
Charge for the year | 910 | 19,329 | 20,239
Eliminated on disposal | - | (18,909) | (18,909)
At 31 March 2026 | 4,715 | 57,241 | 61,956
Carrying amount
At 31 March 2026 | 8,186 | 54,168 | 62,354
At 31 March 2025 | 9,096 | 55,819 | 64,915

6 | Stocks

| 2026 £ | 2025 £
Work in progress | 21,770 | 8,155
Other inventories | 3,000 | 2,000
| 24,770 | 10,155

7 | Debtors

| 2026 £ | 2025 £
Trade debtors | 57,675 | 46,803
Prepayments | 129 | -
Other debtors | 38,148 | 46,877
| 95,952 | 93,680

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Bank loans and overdrafts | 9 | 8,348 | 33,056
Trade creditors |  | 16,498 | 21,204
Taxation and social security |  | 16,838 | 19,003
Directors' loan accounts | 10 | 927 | -
Outstanding defined contribution pension costs |  | 85 | 10
Corporation tax liability |  | 10,009 | 12,436
Other creditors |  | 1,636 | 2,554
|  | 54,341 | 88,263

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 9 | 118,038 | 75,510

9 | Loans and borrowings

| 2026 £ | 2025 £
Non-current loans and borrowings
Bank borrowings | - | 13,118
HP and finance lease liabilities | 70,121 | 62,392
Other borrowings | 47,917 | -
| 118,038 | 75,510

| 2026 £ | 2025 £
Current loans and borrowings
Bank borrowings | - | 9,800
Bank overdrafts | 5,885 | 14,581
HP and finance lease liabilities | 2,463 | 8,675
| 8,348 | 33,056

Aled Lewis A 'I Fab Plumbing Heating & Renewables Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

10 | Related party transactions

Transactions with directors As at the balance sheet date, Mr D J A & Mrs S E Lewis were owed £316 (2024: £628) from the company. The loan is interest free and repayable on demand.