REGISTERED NUMBER: 12934990 (England and Wales)

J Maston Plumbing Ltd

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Maston

REGISTERED OFFICE:

1 Haven Close

Preston

Hedon

East Yorkshire

HU12 8WJ

REGISTERED NUMBER:

12934990 (England and Wales)

ACCOUNTANTS:

Southgates

Chartered Certified Accountants

9 Market Place

Hedon

East Yorkshire

HU12 8JA

FIXED ASSETS

Tangible assets

4

58,039

70,384

CURRENT ASSETS

Stocks

5

450

400

Debtors

6

13,387

17,930

Cash at bank

52,500

68,207

66,337

86,537

CREDITORS

Amounts falling due within one year

7

18,943

33,079

NET CURRENT ASSETS

47,394

53,458

TOTAL ASSETS LESS CURRENT LIABILITIES

105,433

123,842

CREDITORS

Amounts falling due after more than one year

8

(44,462

)

(55,529

)

PROVISIONS FOR LIABILITIES

(10,496

)

(10,888

)

NET ASSETS

50,475

57,425

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

50,375

57,325

50,475

57,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

Mr J Maston - Director

1.	STATUTORY INFORMATION

J Maston Plumbing Ltd 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

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

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

Taxation

Taxation for the year comprises current 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 November 2024

1,557

71,981

73,538

Additions

2,106

-

2,106

At 31 October 2025

3,663

71,981

75,644

DEPRECIATION

At 1 November 2024

755

2,399

3,154

Charge for year

534

13,917

14,451

At 31 October 2025

1,289

16,316

17,605

NET BOOK VALUE

At 31 October 2025

2,374

55,665

58,039

At 31 October 2024

802

69,582

70,384

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

71,981

DEPRECIATION

At 1 November 2024

2,399

Charge for year

13,917

At 31 October 2025

16,316

NET BOOK VALUE

At 31 October 2025

55,665

At 31 October 2024

69,582

5.

STOCKS

2025

2024

£

£

Stocks

450

400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,996

7,640

Other debtors

1,326

-

VAT

997

8,266

Prepayments

2,068

2,024

13,387

17,930

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,667

4,000

Hire purchase contracts

8,400

8,400

Trade creditors

1,833

10,032

Social security and other taxes

-

197

Directors' current accounts

624

7,905

Accruals

5,419

2,545

18,943

33,079

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

2,667

Hire purchase contracts

44,462

52,862

44,462

55,529