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LJH Heating And Plumbing Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14714121
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,658 -
1,658 -
CURRENT ASSETS
Debtors 5 3,099 4,669
Cash at bank and in hand 87,684 58,572
90,783 63,241
Creditors: Amounts Falling Due Within One Year 6 (44,567 ) (21,093 )
NET CURRENT ASSETS (LIABILITIES) 46,216 42,148
TOTAL ASSETS LESS CURRENT LIABILITIES 47,874 42,148
PROVISIONS FOR LIABILITIES
Deferred Taxation (415 ) -
NET ASSETS 47,459 42,148
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 47,458 42,147
SHAREHOLDERS' FUNDS 47,459 42,148
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Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board
Mr L Hack
Director
12 August 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
LJH Heating And Plumbing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14714121 . The registered office is 12 Palm Grove, Guildford, Surrey, GU1 1JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery 25% straight line method
Computer Equipment 33% straight line method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and a deferred tax provision where necessary in accordance with accounting standards.
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 material 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. Where a reliable tax rate cannot be forecast, a deferred tax provision is calculated at the highest tax rate possibly applicable, based on tax rates (and tax laws) enacted by the end of the reporting date. 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.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 1 (2025: 1)
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 358 207 565
Additions 1,841 416 2,257
As at 31 March 2026 2,199 623 2,822
Depreciation
As at 1 April 2025 358 207 565
Provided during the period 460 139 599
As at 31 March 2026 818 346 1,164
Net Book Value
As at 31 March 2026 1,381 277 1,658
As at 1 April 2025 - - -
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 435 3,081
Other debtors 2,664 1,588
3,099 4,669
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 33,763 1,755
Taxation and social security 10,804 19,338
44,567 21,093
Included within Other creditors above are unsecured loans from the director(s) of £26,379 (2025 - £755 ). These loans are interest free and repayable on demand.
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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