Silverfin false false 31/03/2026 01/04/2025 31/03/2026 J L Penfold 31/03/2008 24 July 2026 The principal activity of the company is the wholesale of hardware, plumbing and heating equipment supplies and bathrooms and the retail supply of bathrooms. 05277403 2026-03-31 05277403 bus:Director1 2026-03-31 05277403 2025-03-31 05277403 core:CurrentFinancialInstruments 2026-03-31 05277403 core:CurrentFinancialInstruments 2025-03-31 05277403 core:ShareCapital 2026-03-31 05277403 core:ShareCapital 2025-03-31 05277403 core:SharePremium 2026-03-31 05277403 core:SharePremium 2025-03-31 05277403 core:RetainedEarningsAccumulatedLosses 2026-03-31 05277403 core:RetainedEarningsAccumulatedLosses 2025-03-31 05277403 core:LeaseholdImprovements 2025-03-31 05277403 core:Vehicles 2025-03-31 05277403 core:OtherPropertyPlantEquipment 2025-03-31 05277403 core:LeaseholdImprovements 2026-03-31 05277403 core:Vehicles 2026-03-31 05277403 core:OtherPropertyPlantEquipment 2026-03-31 05277403 2024-03-31 05277403 bus:OrdinaryShareClass1 2026-03-31 05277403 2025-04-01 2026-03-31 05277403 bus:FilletedAccounts 2025-04-01 2026-03-31 05277403 bus:SmallEntities 2025-04-01 2026-03-31 05277403 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 05277403 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 05277403 bus:Director1 2025-04-01 2026-03-31 05277403 core:Vehicles core:TopRangeValue 2025-04-01 2026-03-31 05277403 core:OtherPropertyPlantEquipment core:BottomRangeValue 2025-04-01 2026-03-31 05277403 core:OtherPropertyPlantEquipment core:TopRangeValue 2025-04-01 2026-03-31 05277403 2024-04-01 2025-03-31 05277403 core:LeaseholdImprovements 2025-04-01 2026-03-31 05277403 core:Vehicles 2025-04-01 2026-03-31 05277403 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 05277403 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 05277403 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05277403 (England and Wales)

# DORKING PLUMBING SUPPLIES LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH THE REGISTRAR

DORKING PLUMBING SUPPLIES LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

Contents

DORKING PLUMBING SUPPLIES LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026
DORKING PLUMBING SUPPLIES LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

DIRECTOR | J L Penfold

SECRETARY | N A Shuttleworth

REGISTERED OFFICE | Salatin House
| 19 Cedar Road
| Sutton
| SM2 5DA
| United Kingdom

COMPANY NUMBER | 05277403 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| Salatin House
| 19 Cedar Road
| Sutton
| SM2 5DA

DORKING PLUMBING SUPPLIES LIMITED

## BALANCE SHEET

AS AT 31 MARCH 2026
DORKING PLUMBING SUPPLIES LIMITED

## BALANCE SHEET (continued)

AS AT 31 MARCH 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 8,861 |  | 13,472
Investment property | 5 | 433,730 |  | 433,730
|  | 442,591 |  | 447,202
Current assets |  |  |  |
Stocks | 6 | 70,942 |  | 110,980
Debtors | 7 | 285,954 |  | 294,413
Cash at bank and in hand | 8 | 487,708 |  | 314,202
|  | 844,604 |  | 719,595
Creditors: amounts falling due within one year | 9 | ( 185,615) |  | ( 130,767)
Net current assets |  | 658,989 |  | 588,828
Total assets less current liabilities |  | 1,101,580 |  | 1,036,030
Provision for liabilities | 10 | ( 2,215) |  | ( 3,365)
Net assets |  | 1,099,365 |  | 1,032,665
Capital and reserves |  |  |  |
Called-up share capital | 11 | 100 |  | 100
Share premium account |  | 10,834 |  | 10,834
Profit and loss account |  | 1,088,431 |  | 1,021,731
Total shareholder's funds |  | 1,099,365 |  | 1,032,665

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.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Dorking Plumbing Supplies Limited (registered number: 05277403) were approved and authorised for issue by the Director on 24 July 2026. They were signed on its behalf by:

J L Penfold Director |

DORKING PLUMBING SUPPLIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026
DORKING PLUMBING SUPPLIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Dorking Plumbing Supplies Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Salatin House, 19 Cedar Road, Sutton, SM2 5DA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
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.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | depreciated over the life of the lease
Vehicles | 5 years straight line
Other property, plant and equipment | 0 - 10 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

#### 3. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 5 |  | 5

#### 4. Tangible assets

| Leasehold improve- ments |  | Vehicles |  | Other property, plant and equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2025 | 33,483 |  | 16,850 |  | 6,748 |  | 57,081
At 31 March 2026 | 33,483 |  | 16,850 |  | 6,748 |  | 57,081
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2025 | 33,482 |  | 4,213 |  | 5,914 |  | 43,609
Charge for the financial year | 0 |  | 4,213 |  | 398 |  | 4,611
At 31 March 2026 | 33,482 |  | 8,426 |  | 6,312 |  | 48,220
Net book value |  |  |  |  |  |  |
At 31 March 2026 | 1 |  | 8,424 |  | 436 |  | 8,861
At 31 March 2025 | 1 |  | 12,637 |  | 834 |  | 13,472

#### 5. Investment property

| Investment property
| £
Valuation |
As at 01 April 2025 | 433,730
As at 31 March 2026 | 433,730

There has been no valuation of investment property by an independent valuer

#### 6. Stocks

| 2026 |  | 2025
| £ |  | £
Stocks | 70,942 |  | 110,980

#### 7. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 84,841 |  | 92,243
Prepayments | 976 |  | 1,426
Other debtors | 200,137 |  | 200,744
| 285,954 |  | 294,413

#### 8. Cash and cash equivalents

| 2026 |  | 2025
| £ |  | £
Cash at bank and in hand | 487,708 |  | 314,202

#### 9. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Trade creditors | 140,122 |  | 92,424
Accruals | 4,051 |  | 3,934
Corporation tax | 19,385 |  | 15,834
Other taxation and social security | 19,547 |  | 16,578
Other creditors | 2,510 |  | 1,997
| 185,615 |  | 130,767

#### 10. Deferred tax

| 2026 |  | 2025
| £ |  | £
At the beginning of financial year | ( 3,365) |  | ( 251)
Credited/(charged) to the Statement of Income and Retained Earnings | 1,150 |  | ( 3,114)
At the end of financial year | ( 2,215) |  | ( 3,365)

#### 11. Called-up share capital

| 2026 |  | 2025
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100