BrightAccountsProduction v1.0.0 v1.0.0 2025-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is plumbing, heat and air-conditioning installation. 7 July 2026 9 9 NI626508 2025-12-31 NI626508 2024-12-31 NI626508 2023-12-31 NI626508 2025-01-01 2025-12-31 NI626508 2024-01-01 2024-12-31 NI626508 uk-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 NI626508 uk-curr:PoundSterling 2025-01-01 2025-12-31 NI626508 uk-bus:AbridgedAccounts 2025-01-01 2025-12-31 NI626508 uk-core:ShareCapital 2025-12-31 NI626508 uk-core:ShareCapital 2024-12-31 NI626508 uk-core:RetainedEarningsAccumulatedLosses 2025-12-31 NI626508 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI626508 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-12-31 NI626508 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI626508 uk-bus:FRS102 2025-01-01 2025-12-31 NI626508 uk-core:PlantMachinery 2025-01-01 2025-12-31 NI626508 uk-core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 NI626508 2025-01-01 2025-12-31 NI626508 uk-bus:Director1 2025-01-01 2025-12-31 NI626508 uk-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
P R Plumbing & Gas Services Ltd.
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2025



P R Plumbing & Gas Services Ltd.
Company Registration Number: NI626508
ABRIDGED BALANCE SHEET
as at 31 December 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 111,207 139,008
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Current Assets
Stocks 4,000 4,000
Debtors 49,257 118,262
Cash and cash equivalents 501,954 279,882
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555,211 402,144
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Creditors: amounts falling due within one year (67,666) (47,949)
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Net Current Assets 487,545 354,195
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Total Assets less Current Liabilities 598,752 493,203
 
Creditors:
amounts falling due after more than one year (28,422) (46,093)
 
Provisions for liabilities (27,801) (34,751)
───────── ─────────
Net Assets 542,529 412,359
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Capital and Reserves
Called up share capital 100 100
Retained earnings 542,429 412,259
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Equity attributable to owners of the company 542,529 412,359
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 7 July 2026
           
           
           
________________________________          
Mr Patrick Rooney          
Director          
           



P R Plumbing & Gas Services Ltd.
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2025

   
1. General Information
 

P R Plumbing & Gas Services Ltd. is a private company limited by shares incorporated in Northern Ireland. 83 Benagh Road, Kilkeel, Co. Down, BT34 4SJ, Northern Ireland is the registered office, which is also the principal place of business of the company. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

The financial statements cover the trade of the individual entity P R Plumbing & Gas Services Ltd. for the financial year ended 31 December 2025.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 20% Reducing Balance
  Fixtures, fittings and equipment - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out

basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their

present location and condition. Full provision is made for obsolete and slow moving items. Net realisable

value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion

or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
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.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was:
 
  2025 2024
  Number Number
 
Employee 9 9
  ═════════ ═════════
         
4. Tangible assets
  Plant and Fixtures, Total
  machinery fittings and  
    equipment  
  £ £ £
Cost or Valuation
At 1 January 2025 200,783 1,166 201,949
  ───────── ───────── ─────────
 
At 31 December 2025 200,783 1,166 201,949
  ───────── ───────── ─────────
Depreciation
At 1 January 2025 62,076 865 62,941
Charge for the financial year 27,741 60 27,801
  ───────── ───────── ─────────
At 31 December 2025 89,817 925 90,742
  ───────── ───────── ─────────
Net book value
At 31 December 2025 110,966 241 111,207
  ═════════ ═════════ ═════════
At 31 December 2024 138,707 301 139,008
  ═════════ ═════════ ═════════
       
5. Director's Advances
 
During the financial year ended 31st December 2025 the director was advanced £30,000 by the company. No interest was charged on the loan and it was repayable on demand. The total amount outstanding at the balance sheet date was £25,324 (2024: £0). This loan was repaid in full within 9 months of the year end.