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Registered number: 08527863
SDP Plumbing and Heating Limited
Financial Statements
For The Year Ended 31 March 2026
Affinity Associates (AU) Limited
Suite A, First Floor, Unit 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 08527863
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 18,430 79,899
18,430 79,899
CURRENT ASSETS
Debtors 4 38,361 35,186
Cash at bank and in hand 99,233 100,163
137,594 135,349
Creditors: Amounts Falling Due Within One Year 5 (136,346 ) (134,949 )
NET CURRENT ASSETS (LIABILITIES) 1,248 400
TOTAL ASSETS LESS CURRENT LIABILITIES 19,678 80,299
Creditors: Amounts Falling Due After More Than One Year 6 (18,279 ) (26,497 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (401 ) (5,992 )
NET ASSETS 998 47,810
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 996 47,808
SHAREHOLDERS' FUNDS 998 47,810
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For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr D Dobson
Director
21 August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% on cost
Leasehold 2% on cost
Plant & Machinery 20% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 33% on cost
Computer Equipment 33% on cost
1.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
1.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 4 (2025: 5)
4 5
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 59,500 11,917 125,384 867
Additions - - - -
Disposals (59,500 ) - - -
As at 31 March 2026 - 11,917 125,384 867
Depreciation
As at 1 April 2025 3,570 11,038 103,788 607
Provided during the period - 365 5,399 144
Disposals (3,570 ) - - -
As at 31 March 2026 - 11,403 109,187 751
Net Book Value
As at 31 March 2026 - 514 16,197 116
As at 1 April 2025 55,930 879 21,596 260
Computer Equipment Total
£ £
Cost
As at 1 April 2025 18,336 216,004
Additions 1,672 1,672
Disposals - (59,500 )
As at 31 March 2026 20,008 158,176
Depreciation
As at 1 April 2025 17,102 136,105
Provided during the period 1,303 7,211
Disposals - (3,570 )
As at 31 March 2026 18,405 139,746
Net Book Value
As at 31 March 2026 1,603 18,430
As at 1 April 2025 1,234 79,899
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4. Debtors
2026 2025
£ £
Due within one year
Trade debtors 32,988 16,813
Other debtors 5,373 18,373
38,361 35,186
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 4,282 4,282
Trade creditors 56,286 40,937
Bank loans and overdrafts 1,940 9,600
Other creditors 43,770 59,138
Taxation and social security 30,068 20,992
136,346 134,949
6. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 18,279 22,561
Bank loans - 3,936
18,279 26,497
7. Secured Creditors
Of the creditors the following amounts are secured.
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts - 26,843
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The maturity of these amounts is as follows:
Within one year 4,282 4,282
Between one and five years 18,279 22,561
22,561 26,843
22,561 26,843
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
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10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
Land and buildings
2026 2025
£ £
Within 1 year 3,855 10,232
Between 1 and 5 years 5,141 35,589
8,996 45,821
11. General Information
SDP Plumbing and Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08527863 . The registered office is 12 Field Avenue, Canterbury, Kent, CT1 1TP.
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