REGISTERED NUMBER: 11172351 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

South Downs Plumbing And Electrical

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Hoad

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

REGISTERED NUMBER:

11172351 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

46,183

28,603

CURRENT ASSETS

Stocks

6,026

9,519

Debtors

5

18,266

40,446

Cash at bank

27,547

16,652

51,839

66,617

CREDITORS

Amounts falling due within one year

6

65,260

59,493

NET CURRENT (LIABILITIES)/ASSETS

(13,421

)

7,124

TOTAL ASSETS LESS CURRENT LIABILITIES

32,762

35,727

CREDITORS

Amounts falling due after more than one year

7

(13,095

)

(15,283

)

PROVISIONS FOR LIABILITIES

(2,794

)

(3,492

)

NET ASSETS

16,873

16,952

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

16,863

16,942

SHAREHOLDERS' FUNDS

16,873

16,952

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 15 October 2026 and were signed by:

C Hoad - Director

1.	STATUTORY INFORMATION

South Downs Plumbing And Electrical 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.

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

28,264

31,567

59,831

Additions

29,125

-

29,125

At 31 March 2026

57,389

31,567

88,956

DEPRECIATION

At 1 April 2025

11,182

20,046

31,228

Charge for year

9,241

2,304

11,545

At 31 March 2026

20,423

22,350

42,773

NET BOOK VALUE

At 31 March 2026

36,966

9,217

46,183

At 31 March 2025

17,082

11,521

28,603

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

18,266

23,000

Directors' loan accounts

-

17,446

18,266

40,446

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

16,893

26,081

Trade creditors

2,976

2,054

Tax

37,627

22,044

Social security and other taxes

2,646

906

VAT

2,646

7,068

Directors' loan accounts

919

-

Accrued expenses

1,553

1,340

65,260

59,493

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans - 2-5 years

13,095

4,300

Other loans - 1-2 years

-

10,983

13,095

15,283

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, The director Mr Hoad made the decisioin to borrow funds from the company on a term of nine months to then be repaid.