REGISTERED NUMBER: SC750683 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PLUMBING PENSIONS EMPLOYERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Charles

S D Heywood

S T R Klein

G S Matheson

C R Stuhlfelder

A M Beaumont

REGISTERED OFFICE:

Bellevue House

22 Hopetoun Street

Edinburgh

Midlothian

EH7 4GH

REGISTERED NUMBER:

SC750683 (Scotland)

CURRENT ASSETS

Debtors

4

36,144

7,312

Cash at bank

21,330

32,071

57,474

39,383

CREDITORS

Amounts falling due within one year

5

57,474

39,383

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

S D Heywood - Director

1.	STATUTORY INFORMATION

Plumbing Pensions Employers Limited is a private company, limited by guarantee, registered in Scotland. 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

Costs incurred by Plumbing Pensions Employers Limited are recharged to the Plumbing & Mechanical Services (UK) Industry Pension Scheme and therefore the company generates neither a profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Accounts receivable

33,546

5,187

Prepayments

2,598

2,125

36,144

7,312

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

7,525

2,191

Social security and other taxes

10,159

10,360

VAT

6,548

11,374

Accrued expenses

33,242

15,458

57,474

39,383

6.	RELATED PARTY DISCLOSURES

Plumbing Pensions Employers Limited (“the Company”) is funded by the Plumbing and Mechanical Services (UK) Industry Pension Scheme (“the Scheme”) under the Trustee’s approved expenses policy. The Company acts as the nominated employer representative body for the Scheme’s participating employers. The Company is a fifty per cent guarantor member of Plumbing Pensions (UK) Limited, which is the Trustee company. This membership does not give the Company control or joint control. Under the Trustee company’s Articles, strategic and operational decisions are taken by a majority of independent Professional Directors, and the members do not have the ability, either individually or together, to direct the financial or operating policies of the Trustee, the Scheme, or the administration company, Plumbing Pensions (UK) Administration Limited.

In accordance with FRS 102 Section 33, the Scheme, the Trustee company, and the administration company have been assessed for related party purposes. The Company is not a related party of these entities, because it does not control them, it does not jointly control them, and it does not exercise significant influence over them. The Company contracts with the administration company for administrative services on normal commercial terms. Funding received from the Scheme represents reimbursement of allowable operating costs.

No material related party transactions requiring disclosure occurred during the year.

7.	ULTIMATE CONTROLLING PARTY

The entity's ultimate controlling party is the employer trade association SNIPEF Limited, who is sole guarantor.