REGISTERED NUMBER: 09387403 (England and Wales)

Davidson Heating & Plumbing Limited

Unaudited Financial Statements

for the Year Ended

31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Jones

D J Jones

D T Jones

O B R Jones

REGISTERED OFFICE:

9 Penhill Industrial Park

Beaumont Road

Banbury

Oxfordshire

OX16 1RW

REGISTERED NUMBER:

09387403 (England and Wales)

ACCOUNTANTS:

Moffat Gilbert

Unit 12

Shottery Brook Office Park

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NR

FIXED ASSETS

Tangible assets

4

377,642

331,123

CURRENT ASSETS

Stocks

362,721

127,542

Debtors

5

1,131,493

1,111,123

Cash at bank

1,472,059

923,362

2,966,273

2,162,027

CREDITORS

Amounts falling due within one year

6

1,559,574

1,283,526

NET CURRENT ASSETS

1,406,699

878,501

TOTAL ASSETS LESS CURRENT LIABILITIES

1,784,341

1,209,624

CREDITORS

Amounts falling due after more than one year

7

(9,543

)

(18,908

)

PROVISIONS FOR LIABILITIES

(56,142

)

(42,871

)

NET ASSETS

1,718,656

1,147,845

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,718,556

1,147,745

SHAREHOLDERS' FUNDS

1,718,656

1,147,845

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 12 July 2026 and were signed on its behalf by:

D J Jones - Director

Mrs S Jones - Director

1.	STATUTORY INFORMATION

Davidson Heating & Plumbing 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.

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.

It is adjusted for the measured work achieved in the year with the corresponding entry within work in progress.

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.

Long leasehold

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% 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.

Work in progress is valued at the uninvoiced valuation of measured contract works completed at the year end.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2025 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2025

152,703

14,356

31,522

Additions

-

-

-

Disposals

-

(5,586

)

-

At 31 March 2026

152,703

8,770

31,522

DEPRECIATION

At 1 April 2025

6,871

7,802

11,314

Charge for year

3,054

984

4,042

Eliminated on disposal

-

(3,232

)

-

At 31 March 2026

9,925

5,554

15,356

NET BOOK VALUE

At 31 March 2026

142,778

3,216

16,166

At 31 March 2025

145,832

6,554

20,208

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

275,384

23,119

497,084

Additions

117,720

2,104

119,824

Disposals

(19,065

)

(1,435

)

(26,086

)

At 31 March 2026

374,039

23,788

590,822

DEPRECIATION

At 1 April 2025

127,328

12,646

165,961

Charge for year

57,468

3,620

69,168

Eliminated on disposal

(17,815

)

(902

)

(21,949

)

At 31 March 2026

166,981

15,364

213,180

NET BOOK VALUE

At 31 March 2026

207,058

8,424

377,642

At 31 March 2025

148,056

10,473

331,123

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

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

74,205

DEPRECIATION

At 1 April 2025

33,335

Charge for year

10,217

At 31 March 2026

43,552

NET BOOK VALUE

At 31 March 2026

30,653

At 31 March 2025

40,870

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

1,007,034

1,017,134

Other debtors

6,626

10,064

VAT

84,714

63,530

Prepayments

33,119

20,395

1,131,493

1,111,123

Other debtors above includes £3,966 (2025 £6,626) that is due after more than one year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

9,365

9,191

Trade creditors

1,132,053

973,588

Tax

219,801

103,608

Social security and other taxes

34,842

40,669

Other creditors

6,012

18,037

Directors' current accounts

4,646

60,118

Accrued expenses

152,855

78,315

1,559,574

1,283,526

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

9,543

18,908

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Gross obligations repayable:

Within one year

9,641

9,641

Between one and five years

9,641

19,282

19,282

28,923

Finance charges repayable:

Within one year

276

450

Between one and five years

98

374

374

824

Net obligations repayable:

Within one year

9,365

9,191

Between one and five years

9,543

18,908

18,908

28,099

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

1,025

1,026

Between one and five years

1,026

2,051

2,051

3,077

The figures shown above do not include the peppercorn rent of the long leasehold premises acquired in a prior year. The lease on these premises ceases on 28 September 2988 and hence such a disclosure would be misleading.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

10.	ULTIMATE CONTROLLING PARTY

The directors Mr D J Jones and Mrs S Jones are considered to be the joint controlling parties of the company.