Milton's Plumbing and Heating Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 14541918

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,531		967

			1,531		967
CURRENT ASSETS
Stocks	5	2,000		2,000
Debtors	6	17,581		20,048
Cash at bank and in hand		97,315		102,489

		116,896		124,537
Creditors: Amounts Falling Due Within One Year	7	(50,573 )		(49,331 )

NET CURRENT ASSETS (LIABILITIES)			66,323		75,206

TOTAL ASSETS LESS CURRENT LIABILITIES			67,854		76,173

NET ASSETS			67,854		76,173

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			67,754		76,073

SHAREHOLDERS' FUNDS			67,854		76,173

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Milton's Plumbing and Heating Ltd

Balance Sheet (continued)

As At 31 December 2025

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.

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 Profit and Loss Account.

On behalf of the board

Mr B S Milton

Director

14 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Milton's Plumbing and Heating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14541918 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.

The company's principal activity continues to be that of plumbing and heating engineers.

2. Accounting Policies

2.1. 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.

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.

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% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2.4. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Milton's Plumbing and Heating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

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.

Current tax for the year is recognised in profit or loss, except when it related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	967	-	-	967
Additions	-	499	333	832

As at 31 December 2025	967	499	333	1,799

Depreciation
As at 1 January 2025	-	-	-	-
Provided during the period	242	26	-	268

As at 31 December 2025	242	26	-	268

Net Book Value
As at 31 December 2025	725	473	333	1,531

As at 1 January 2025	967	-	-	967

5. Stocks

	2025	2024
	£	£
Stock	2,000	2,000

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Milton's Plumbing and Heating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,653	17,669
Other debtors	2,928	2,379

	17,581	20,048

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,102	2,952
Other creditors	3,433	2,597
Taxation and social security	36,038	43,782

	50,573	49,331

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Other Commitments

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

	2025	2024
	£	£
Not later than one year	12,755	16,862
Later than one year and not later than five years	30,276	43,031

	43,031	59,893

10. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,878 (2024: £1,013) were due to the fund. They are included in other creditors.

11. Directors Advances, Credits and Guarantees

Included in other creditors due within one year is a loan from the directors, Mr B Milton and Mrs L Milton amounting to £188 (2024: £8).

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Milton's Plumbing and Heating Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Ultimate Controlling Party

The company was controlled throughout the current and previous period by its directors, Mr B Milton and Mrs L Milton by virtue of the fact that they own all of the company's ordinary issued share capital.

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