REGISTERED NUMBER: 05605199 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

S & G PLUMBING AND HEATING

SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Skelton

SECRETARY:

Mr S Skelton

REGISTERED OFFICE:

Pera Business Park

Nottingham Road

Melton Mowbray

Leicestershire

LE13 0PB

REGISTERED NUMBER:

05605199 (England and Wales)

FIXED ASSETS

Tangible assets

4

167,052

75,416

CURRENT ASSETS

Stocks

3,000

3,000

Debtors

5

220,829

164,486

Cash at bank

156,130

107,251

379,959

274,737

CREDITORS

Amounts falling due within one year

6

213,317

115,280

NET CURRENT ASSETS

166,642

159,457

TOTAL ASSETS LESS CURRENT LIABILITIES

333,694

234,873

CREDITORS

Amounts falling due after more than one year

7

(68,361

)

(14,401

)

PROVISIONS FOR LIABILITIES

(41,763

)

(18,854

)

NET ASSETS

223,570

201,618

CAPITAL AND RESERVES

Called up share capital

72

72

Capital redemption reserve

28

28

Retained earnings

223,470

201,518

SHAREHOLDERS' FUNDS

223,570

201,618

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

Mr S Skelton - Director

1.	STATUTORY INFORMATION

S & G Plumbing and Heating Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and is recognised once the work is complete.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

49,872

34,639

129,842

214,353

Additions

4,509

6,189

139,333

150,031

Disposals

-

-

(63,446

)

(63,446

)

At 31 March 2026

54,381

40,828

205,729

300,938

DEPRECIATION

At 1 April 2025

37,512

23,642

77,783

138,937

Charge for year

3,374

3,437

34,952

41,763

Eliminated on disposal

-

-

(46,814

)

(46,814

)

At 31 March 2026

40,886

27,079

65,921

133,886

NET BOOK VALUE

At 31 March 2026

13,495

13,749

139,808

167,052

At 31 March 2025

12,360

10,997

52,059

75,416

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

202,061

157,999

Other debtors

18,768

6,487

220,829

164,486

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

6,667

10,000

Hire purchase contracts

36,973

12,500

Trade creditors

55

3,943

Taxation and social security

107,686

79,606

Other creditors

61,936

9,231

213,317

115,280

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

6,667

Hire purchase contracts

68,361

7,734

68,361

14,401

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

105,334

20,234

The amounts due under hire purchase agreements are secured on the assets concerned.