D W Laws & Son Plumbing & Heating Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08775429

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		17,714		21,839

			17,714		21,839
CURRENT ASSETS
Stocks		4,000		4,000
Debtors		1,927		1,461
Cash at bank and in hand		19,197		22,118

		25,124		27,579
Creditors: Amounts Falling Due Within One Year		(34,140 )		(38,389 )

NET CURRENT ASSETS (LIABILITIES)			(9,016 )		(10,810 )

TOTAL ASSETS LESS CURRENT LIABILITIES			8,698		11,029

Creditors: Amounts Falling Due After More Than One Year			-		(3,417 )

NET ASSETS			8,698		7,612

CAPITAL AND RESERVES
Called up share capital	6		99		99
Profit and Loss Account			8,599		7,513

SHAREHOLDERS' FUNDS			8,698		7,612

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D W Laws & Son Plumbing & Heating Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D Laws

Director

2nd June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

D W Laws & Son Plumbing & Heating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08775429 . The registered office is 237 Westcombe Hill, London, SE3 7DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20%
Computer Equipment	25%

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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D W Laws & Son Plumbing & Heating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Tax is recognised in the profit and loss account 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 December 2024	30,000

As at 30 November 2025	30,000

Amortisation
As at 1 December 2024	30,000

As at 30 November 2025	30,000

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	27,156	358	27,514
Additions	-	333	333

As at 30 November 2025	27,156	691	27,847

...CONTINUED

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D W Laws & Son Plumbing & Heating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Depreciation
As at 1 December 2024	5,469	206	5,675
Provided during the period	4,337	121	4,458

As at 30 November 2025	9,806	327	10,133

Net Book Value
As at 30 November 2025	17,350	364	17,714

As at 1 December 2024	21,687	152	21,839

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	99	99

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