REGISTERED NUMBER: 06645330 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 30 JULY 2025

FOR

ABBEY PLUMBING SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I R Evans

H J Alway

SECRETARY:

H J Alway

REGISTERED OFFICE:

Chargrove House

Main Road

Shurdington

Cheltenham

Gloucestershire

GL51 4GA

BUSINESS ADDRESS:

Unit 2 Hazels Way Industrial Estate

Charfield Road

Kingswood

Wotton-under-Edge

Gloucestershire

GL12 8RL

REGISTERED NUMBER:

06645330 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

4

23,090

29,978

CURRENT ASSETS

Stocks

286,493

224,435

Debtors

5

121,131

122,318

Cash at bank and in hand

88,715

149,704

496,339

496,457

CREDITORS

Amounts falling due within one year

6

159,523

143,811

NET CURRENT ASSETS

336,816

352,646

TOTAL ASSETS LESS CURRENT LIABILITIES

359,906

382,624

CREDITORS

Amounts falling due after more than one year

7

(159

)

(10,305

)

PROVISIONS FOR LIABILITIES

(5,773

)

(8,225

)

NET ASSETS

353,974

364,094

CAPITAL AND RESERVES

Called up share capital

9,998

9,998

Capital redemption reserve

10,002

10,002

Retained earnings

333,974

344,094

SHAREHOLDERS' FUNDS

353,974

364,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

I R Evans - Director

H J Alway - Director

1.	STATUTORY INFORMATION

Abbey Plumbing Supplies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provision of section 1A "Small entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Tenants' improvements

-

Straight line over the term of the lease

Plant and machinery

-

7.5% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer and office equipment

-

30% on reducing balance

Stocks

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

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Tenants'

Plant and

and

improvements

machinery

fittings

£

£

£

COST

At 1 August 2024

and 30 July 2025

11,324

4,995

15,559

DEPRECIATION

At 1 August 2024

8,590

1,092

13,040

Charge for period

877

375

378

At 30 July 2025

9,467

1,467

13,418

NET BOOK VALUE

At 30 July 2025

1,857

3,528

2,141

At 31 July 2024

2,734

3,903

2,519

Computer

and

Motor

office

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

and 30 July 2025

26,370

3,566

61,814

DEPRECIATION

At 1 August 2024

6,593

2,521

31,836

Charge for period

4,944

314

6,888

At 30 July 2025

11,537

2,835

38,724

NET BOOK VALUE

At 30 July 2025

14,833

731

23,090

At 31 July 2024

19,777

1,045

29,978

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

120,077

120,670

Provision for doubtful debts

-

(1,477

)

VAT

1,054

-

Prepayments

-

3,125

121,131

122,318

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,334

10,000

Hire purchase contracts

1,812

1,649

Trade creditors

126,404

91,413

Corporation Tax

2,720

15,461

Social security and other taxes

863

1,266

VAT

-

2,735

Other creditors

365

498

Directors' loan accounts

16,082

17,049

Accrued expenses

2,943

3,740

159,523

143,811

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

8,334

Hire purchase contracts

159

1,971

159

10,305

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 July 2025 and the year ended 31 July 2024:

2025

2024

£

£

I R Evans

Balance outstanding at start of period

(9,110

)

(9,467

)

Amounts advanced

484

357

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(8,626

)

(9,110

)

H J Alway

Balance outstanding at start of period

(7,939

)

(8,296

)

Amounts advanced

484

357

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(7,455

)

(7,939

)

No interest is being charged on the above loan and there are no set repayment terms.