Ultra Plumbing Limited - Filleted accounts

Registered number

06760389

Ultra Plumbing Limited

Filleted Accounts

31 December 2025

Ultra Plumbing Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25%
	Fixtures, fittings, tools and equipment			over 3 years
	Motor vechicles			20%
	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					22		23


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	-		348,090		225,178		573,268
	Additions	-		51,152		-		51,152
	Surplus on revaluation	-		-		-		-
	Disposals	-		(8,356)		(212,478)		(220,834)
	At 31 December 2025	-		390,886		12,700		403,586

	Depreciation
	At 1 January 2025	-		209,773		79,032		288,805
	Charge for the year	-		52,314		2,032		54,346
	On disposals	-		(7,886)		(76,492)		(84,378)
	At 31 December 2025	-		254,201		4,572		258,773

	Net book value
	At 31 December 2025	-		136,685		8,128		144,813
	At 31 December 2024	-		138,317		146,146		284,463


4	Debtors					2025		2024
£							£

	Trade debtors					710,538		942,350
	Other debtors					518,246		319,003
						1,228,784		1,261,353

	Amounts due after more than one year included above					76,462		85,830


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					24,209		202,068
	Obligations under finance lease and hire purchase contracts					14,232		151,421
	Trade creditors					354,992		442,872
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					450,000		65,000
	Taxation and social security costs					290,171		185,807
	Other creditors					115,542		74,128
						1,249,146		1,121,296

	Amounts owed to group undertakings is secured by a fixed and floating charge registered .
	in March 2019.
6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		3,633
	Obligations under finance lease and hire purchase contracts					5,034		19,466
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		400,000
						5,034		423,099


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					73,852		12,070


8	Controlling party
	The company is wholly owned by the James Investment Group whose registered office is
	Unit 5 Centech Park Redditch Worcestershire B98 9NR


9	Other information

	Ultra Plumbing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 5
	Centech Park
	Redditch
	B98 9NR

Ultra Plumbing Limited
Registered number:		06760389
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		144,813			284,463

Current assets
Stocks		41,350			31,666
Debtors	4	1,228,784			1,261,353
Cash at bank and in hand		786,556			615,807
		2,056,690			1,908,826

Creditors: amounts falling due within one year	5	(1,249,146)			(1,121,296)

Net current assets			807,544			787,530

Total assets less current liabilities			952,357			1,071,993

Creditors: amounts falling due after more than one year	6		(5,034)			(423,099)

Provisions for liabilities			(36,202)			(68,139)


Net assets			911,121			580,755

Capital and reserves
Called up share capital			132			132
Profit and loss account			910,989			580,623

Shareholders' funds			911,121			580,755

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

P J Morris
Director
Approved by the board on 3 September 2026