Registration number: 00670028

T. Dixon & Sons (Plumbers) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

T. Dixon & Sons (Plumbers) Limited

(Registration number: 00670028)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	5,917	61,374
Other financial assets	5	51	51
		5,968	61,425
Current assets
Stocks	6	1,567,553	1,005,295
Debtors	7	90,544	323,436
Cash at bank and in hand		56,861	231,614
		1,714,958	1,560,345
Creditors: Amounts falling due within one year	8	(367,435)	(158,350)
Net current assets		1,347,523	1,401,995
Total assets less current liabilities		1,353,491	1,463,420
Provisions for liabilities		-	4,639
Net assets		1,353,491	1,468,059
Capital and reserves
Called up share capital	9	450	450
Other reserves		1,550	1,550
Retained earnings		1,351,491	1,466,059
Shareholders' funds		1,353,491	1,468,059

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 September 2026 and signed on its behalf by:
 

......................................... Mr T Dixon Director

......................................... Mr S Dixon Company secretary and director

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ash Lane
Brigsley Road
Ashby-cum-Fenby
Grimsby
N E Lincs
DN37 0QN

These financial statements were authorised for issue by the Board on 3 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15%/ 33% per annum of net book value
Motor vehicles	25% per annum of net book value

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the period, was 3 (2025 - 6).

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 6 April 2025	100,084	49,453	149,537
Disposals	(100,084)	(21,004)	(121,088)
At 31 March 2026	-	28,449	28,449
Depreciation
At 6 April 2025	51,574	36,589	88,163
Charge for the period	7,276	3,216	10,492
Eliminated on disposal	(58,850)	(17,273)	(76,123)
At 31 March 2026	-	22,532	22,532
Carrying amount
At 31 March 2026	-	5,917	5,917
At 5 April 2025	48,510	12,864	61,374

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 6 April 2025	51	51
At 31 March 2026	51	51
Carrying amount
At 31 March 2026	51	51
At 5 April 2025	51	51

6

Stocks

	2026 £	2025 £
Raw materials and consumables	12,743	12,743
Work in progress	1,554,810	992,552
	1,567,553	1,005,295

7

Debtors

Current	2026 £	2025 £
Trade debtors	69,660	139,759
Prepayments	7,942	13,538
Other debtors	12,942	170,139
	90,544	323,436

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	91,833	103,644
Taxation and social security	2,069	15,480
Accruals and deferred income	35,198	9,217
Other creditors	238,335	30,009
	367,435	158,350

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	450	450	450	450

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2025 - £49,928).

T. Dixon & Sons (Plumbers) Limited

Notes to the Unaudited Financial Statements for the Period from 6 April 2025 to 31 March 2026

11	Related party transactions

Transactions with Directors

2026	At 6 April 2025 £	Advances to Director £	Repayments by Director £	At 31 March 2026 £
Mr S Dixon
Directors Current Account	124,326	-	(205,000)	(80,674)
Mr R Dixon
Directors Current Account	4,374	4,374	(4,374)	4,374

2025	At 6 April 2024 £	Advances to Director £	Repayments by Director £	At 5 April 2025 £
Mr S Dixon
Directors Current Account	277,375	5,606	(158,655)	124,326
Mr R Dixon
Directors Current Account	970	6,517	(3,113)	4,374