REGISTERED NUMBER: 09289759 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Giles Plumbing & Heating Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L E Giles

REGISTERED OFFICE:

Building 62

Bentwaters Parks

Rendlesham

Woodbridge

Suffolk

IP12 2TW

REGISTERED NUMBER:

09289759 (England and Wales)

ACCOUNTANTS:

Pinfold & Co

8 Deben Mill Business Centre

Old Maltings Approach

Woodbridge

Suffolk

IP12 1BL

FIXED ASSETS

Tangible assets

4

86,337

27,309

CURRENT ASSETS

Stocks

10,200

8,000

Debtors

73,206

65,566

Cash at bank

48,380

71,173

131,786

144,739

CREDITORS

Amounts falling due within one year

(131,298

)

(136,980

)

NET CURRENT ASSETS

488

7,759

TOTAL ASSETS LESS CURRENT LIABILITIES

86,825

35,068

CREDITORS

Amounts falling due after more than one year

(58,730

)

(4,417

)

PROVISIONS FOR LIABILITIES

5

(21,584

)

(6,554

)

NET ASSETS

6,511

24,097

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

6,411

23,997

SHAREHOLDERS' FUNDS

6,511

24,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

L E Giles - Director

1.	STATUTORY INFORMATION

Giles Plumbing & Heating Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

The turnover represents net invoiced sales of services, excluding value added tax, arising from plumbing and heating.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

118,557

Additions

87,807

At 31 March 2026

206,364

DEPRECIATION

At 1 April 2025

91,248

Charge for year

28,779

At 31 March 2026

120,027

NET BOOK VALUE

At 31 March 2026

86,337

At 31 March 2025

27,309

5.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

21,584

6,554

Deferred

tax

£

Balance at 1 April 2025

6,554

Charge to Statement of Income and Retained Earnings during year

15,030

Balance at 31 March 2026

21,584

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

7.	SUMMARY OF TRANSACTIONS WITH DIRECTORS

The following advances by and repayments to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

L E Giles

Balance outstanding at start of year

-

1,786

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

8.	RELATED PARTY DISCLOSURES

During the period related parties invoiced the company £7,891 (2025: £4,864) and the company invoiced related parties £60,756 (2025: £49,076).

At the balance sheet date the company was owed £261 (2025: £3,804) from related parties and owed £8,555 (2025: £9,279).

The ultimate controlling party is L E Giles.