Registration number: 04929562

Prestige Plumbing Services Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Prestige Plumbing Services Ltd

(Registration number: 04929562)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	3		917		1,423
Current assets
Cash at bank and in hand		56,577		55,460
Creditors: Amounts falling due within one year	4	(7,122)		(10,588)
Net current assets			49,455		44,872
Net assets			50,372		46,295
Capital and reserves
Called up share capital		1		1
Profit and loss account		50,371		46,294
Total equity			50,372		46,295

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:
 

......................................... Mr P.M. Smith Director

Prestige Plumbing Services Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

1	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.

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 value added tax where applicable, 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 company.

Tax

The tax expense for the period comprises current 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.

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
Plant and machinery	25% on reducing balance and 15% on reducing balance

Share capital

Ordinary shares are classified as equity.

Prestige Plumbing Services Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

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.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

3	Tangible assets

	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	9,300	4,330	13,630
At 31 March 2026	9,300	4,330	13,630
Depreciation
At 1 April 2025	8,777	3,430	12,207
Charge for the year	131	375	506
At 31 March 2026	8,908	3,805	12,713
Carrying amount
At 31 March 2026	392	525	917
At 31 March 2025	523	900	1,423

4

Creditors

	2026 £	2025 £
Due within one year
Trade creditors	1,666	1,048
Taxation and social security	1,795	2,070
Other creditors	3,661	7,470
	7,122	10,588