Company registration number: 15526119
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Summit Plumbing Limited
Pages for filing with the Registrar
Summit Plumbing Limited
Chartered Accountants’ Report to the Board of Directors for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Summit Plumbing Limited for the year ended 31 March 2026 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW’s regulations and guidance at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Summit Plumbing Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Summit Plumbing Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Summit Plumbing Limited and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Summit Plumbing Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Summit Plumbing Limited. You consider that Summit Plumbing Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Summit Plumbing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Cobble Accountants Limited
Commerce House
Carlton Boulevard
Lincoln
Lincolnshire
LN2 4WJ
United Kingdom
Date: 17 September 2026
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Company registration number: 15526119
Summit Plumbing Limited
Balance sheet
as at 31 March 2026
31 Mar 26 31 Mar 25
Note £ £ £ £
Fixed assets
Tangible assets 4 1,268 439
1,268 439
Current assets
Debtors 5 9,935 9,132
Cash at bank and in hand 11,064 10,138
20,999 19,270
Creditors: amounts falling due within one year
6 (8,676) (8,917)
Net current assets 12,323 10,353
Total assets less current liabilities 13,591 10,792
Provisions for liabilities (241) (83)
NET ASSETS 13,350 10,709
Capital and reserves
Called up share capital 100 100
Profit and loss account 13,250 10,609
TOTAL EQUITY 13,350 10,709
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15526119
Summit Plumbing Limited
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 September 2026 and signed on its behalf by:
Mr L Harrington, Director
17 September 2026
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Summit Plumbing Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Summit Plumbing Limited is a private company registered in England and Wales. Its registered number is 15526119. The company is limited by shares. Its registered office is 12 Wold View, Nettleham, Lincoln, Lincolnshire, LN2 2SY.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Summit Plumbing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 549
Additions 1,146
At 31 March 2026 1,695
Depreciation
At 1 April 2025 110
Charge for year 317
At 31 March 2026 427
Net book value
At 31 March 2026 1,268
At 31 March 2025 439
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Summit Plumbing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Debtors
31 Mar 26 31 Mar 25
£ £
Trade debtors 713 808
Other debtors 8,607 8,324
Prepayments and accrued income 615 -
9,935 9,132
6 Creditors: amounts falling due within one year
31 Mar 26 31 Mar 25
£ £
Bank loans and overdrafts - 920
Trade creditors 436 904
Amounts owed to directors 923 860
Other creditors 1,694 5
Taxation 5,623 6,228
8,676 8,917
7 Share capital
The company’s issued share capital consists of 50 Ordinary A shares and 50 Ordinary B shares of £1 each, giving a total issued share capital of £100 (2025: £100). Both share classes carry full rights to voting, participation in company assets, and dividends.
8 Controlling party
The company is under the control of the directors.
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