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Registration number: 05971540

Duck Plumbing & Heating Limited
Annual Report and Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 October 2025

Duck Plumbing & Heating Limited

Contents

Abridged Balance Sheet | 1 to 2
Notes to the Unaudited Abridged Financial Statements | 3 to 6

Duck Plumbing & Heating Limited

(Registration number: 05971540)
Abridged Balance Sheet as at 31 October 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 114,281 | 274,791
Current assets |  |  |
Stocks |  | 32,625 | 32,565
Debtors |  | 676,348 | 642,072
Cash at bank and in hand |  | 481,218 | 399,751
|  | 1,190,191 | 1,074,388
Creditors: Amounts falling due within one year |  | (541,034) | (384,055)
Net current assets |  | 649,157 | 690,333
Total assets less current liabilities |  | 763,438 | 965,124
Creditors: Amounts falling due after more than one year |  | (1,399) | (12,404)
Provisions for liabilities |  | (14,819) | (22,324)
Net assets |  | 747,220 | 930,396
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Share premium reserve |  | 19,458 | 12,972
Profit and loss account |  | 727,760 | 917,422
Total equity |  | 747,220 | 930,396

Duck Plumbing & Heating Limited

(Registration number: 05971540)
Abridged Balance Sheet as at 31 October 2025

For the financial year ending 31 October 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 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.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 7 May 2026 and signed on its behalf by:

Mr R J H Bell

Company secretary and director

Mr A F M Benton-Jones

Director

Duck Plumbing & Heating Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales (registered number 05971540).

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 7 May 2026.

2 | Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

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 the future economic benefits will flow into the entity, and specific criteria have been met for each of the company 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 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Duck Plumbing & Heating Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

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
Short-term leasehold property | 10% straight line
Plant and machinery | 25% straight line
Motor vehicles | 25% straight line
Office equipment | 33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
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 stocks 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2024 - 27).

Duck Plumbing & Heating Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Total £
Cost or valuation
At 1 November 2024 | 752,496
Additions | 55,152
Disposals | (241,747)
At 31 October 2025 | 565,901
Depreciation
At 1 November 2024 | 477,704
Charge for the year | 70,462
Eliminated on disposal | (96,546)
At 31 October 2025 | 451,620
Carrying amount
At 31 October 2025 | 114,281
At 31 October 2024 | 274,791

5 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £12,409 (2024 - £30,304). Assets held under hire purchase contracts are secured on the assets on which they relate to.

6 | Related party transactions

Advances to directors

Mr R J H Bell During the period Mr R J H Bell went overdrawn on their director's loan account. The maximum overdrawn balance was £30,496 (2024 - £31,967). At the year end the amount outstanding from Mr R J H Bell was £26,119 (2024 - £Nil). Interest has been charged at the commercial rate.
Mr A F M Benton-Jones During the period Mr A F M Benton-Jones went overdrawn on their director's loan account. The maximum overdrawn balance was £26,408 (2024 - £28,596). At the year end the amount outstanding from Mr A F M Benton-Jones was £21,743 (2024 - £Nil). Interest has been charged at the commercial rate.

Duck Plumbing & Heating Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 October 2025

7 Prior Year Adjustment

During the year, the company identified that an intercompany loan balance had not been written off in the prior period as required. Accordingly, a prior year adjustment has been made to correct this.
As a result, the comparative figures for the year ended 31 October 2024 have been restated. The adjustment relates to the write-off of an intercompany loan on 28 February 2024 amounting to £112,425.
The impact of the prior year adjustment on the financial statements is as follows:
- Other debtors decreased by £112,425
- Exceptional administrative expenses increased by £112,425
- Profit for the year ended 31 October 2024 decreased by £112,425
As a consequence, retained earnings at 1 November 2024 and 31 October 2024 have been reduced by £112,425.
There is no impact on the company’s corporation tax position.