Northwich Plumbing Supplies Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08662343

Northwich Plumbing Supplies Limited

Filleted Unaudited Financial Statements

31 December 2025

Northwich Plumbing Supplies Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		9,927	6,912

Current assets

Stocks		126,955	119,308
Debtors	6	58,570	81,194
Investments	7	163,242	156,138
Cash at bank and in hand		108,137	111,740
		---------	---------
		456,904	468,380

Creditors: amounts falling due within one year	8	111,427		110,291
		---------		---------
Net current assets			345,477	358,089
			---------	---------
Total assets less current liabilities			355,404	365,001

Provisions

Taxation including deferred tax	1,886	1,313
	---------	---------
Net assets	353,518	363,688
	---------	---------

Capital and reserves

Called up share capital	10	10
Profit and loss account	353,508	363,678
	---------	---------
Shareholders funds	353,518	363,688
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Northwich Plumbing Supplies Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 20 July 2026 , and are signed on behalf of the board by:

Mr K Southern
Director

Company registration number: 08662343

Northwich Plumbing Supplies Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1, New Cheshire Business Park, Wincham Lane, Wincham, Northwich, CW9 6GG, Cheshire.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents invoiced sales of goods excluding Value Added Tax. Turnover is recognised on a strict time basis at the point that an order is placed by phone or over the counter and payment is generally required from the customer immediately in order to validate that order before processing and despatching the goods. Goods are generally collected or despatched the same day as the order.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be payable or recoverable using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost and are subsequently stated at cost less accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	10% straight line
Fixtures and fittings	-	10% straight line
Motor vehicles	-	20% straight line
Office equipment	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments, including derivatives, are initially recognised at fair value. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss.

Defined contribution plans

Contributions to defined contribution pension plans are recognised as an expense in the period in which the payment is made.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 January 2025	35,990	1,123	22,446	4,047	63,606
Additions	3,885	–	–	1,623	5,508
Disposals	–	–	–	( 55)	( 55)
	--------	-------	--------	-------	--------
At 31 December 2025	39,875	1,123	22,446	5,615	69,059
	--------	-------	--------	-------	--------
Depreciation
At 1 January 2025	30,440	885	22,446	2,923	56,694
Charge for the year	1,470	77	–	946	2,493
Disposals	–	–	–	( 55)	( 55)
	--------	-------	--------	-------	--------
At 31 December 2025	31,910	962	22,446	3,814	59,132
	--------	-------	--------	-------	--------
Carrying amount
At 31 December 2025	7,965	161	–	1,801	9,927
	--------	-------	--------	-------	--------
At 31 December 2024	5,550	238	–	1,124	6,912
	--------	-------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	53,021	79,287
Other debtors	5,549	1,907
	--------	--------
	58,570	81,194
	--------	--------

7. Investments

	2025	2024
	£	£
Other investments	163,242	156,138
	---------	---------

Other investments comprise a Prudential Investment Plan assured on the life of the director, Mr K Southern . Under fair value accounting, the Investment Plan is recognised at its open market value at each reporting date with any increase therein taken to the Profit and Loss Account within other interest receivable and similar income.

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	58,937	66,695
Corporation tax	6,096	8,259
Social security and other taxes	9,331	10,663
Other creditors	37,063	24,674
	---------	---------
	111,427	110,291
	---------	---------

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	163,242	156,138
	---------	---------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	22,400	17,000
Later than 1 year and not later than 5 years	42,933	–
	--------	--------
	65,333	17,000
	--------	--------

11. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr K Southern	–	1,506	1,506
	----	-------	-------

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr K Southern	–	–	–
	----	----	----