Company Registration No. 14732876 (England and Wales)
247 PLUMBERS LTD
Unaudited accounts
for the year ended 31 March 2026
247 PLUMBERS LTD
Company Information
for the year ended 31 March 2026
Company Number
14732876 (England and Wales)
Registered Office
15 Manchester Road
Chapel-en-le-Frith
High Peak
Derbyshire
SK23 9SR
England
Accountants
Stoney Philbin & Company Limited
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
247 PLUMBERS LTD
for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
247 PLUMBERS LTD for the year ended
31 March 2026 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Stoney Philbin & Company Limited
Chartered Certified Accountants
7 High Street
Chapel-en-le-Frith
High Peak
SK23 0HD
31 July 2026
247 PLUMBERS LTD
Statement of financial position
as at 31 March 2026
Tangible assets
75,507
66,575
Cash at bank and in hand
86,433
37,500
Creditors: amounts falling due within one year
(165,957)
(74,283)
Net current assets
48,825
19,965
Total assets less current liabilities
128,257
86,540
Creditors: amounts falling due after more than one year
(60,183)
(6,181)
Called up share capital
1
1
Profit and loss account
68,073
80,358
Shareholders' funds
68,074
80,359
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2026 and were signed on its behalf by
M K Marsh
Director
Company Registration No. 14732876
247 PLUMBERS LTD
Notes to the Accounts
for the year ended 31 March 2026
247 PLUMBERS LTD is a private company, limited by shares, registered in England and Wales, registration number 14732876. The registered office is 15 Manchester Road, Chapel-en-le-Frith, High Peak, Derbyshire, SK23 9SR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Motor vehicles
15% reducing balance basis
Computer equipment
20% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including capitalised operating leases) are included at cost less lease liability and accumulated amortisation.
247 PLUMBERS LTD
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Other
The intangible fixed asset note refers to the capitalisation of operating leases for motor vehicles that commenced during the year.
The Right of Use asset created had an initial present value of £108,235. This asset was depreciated during the year by £6,765. The corresponding present value lease liability at 31 March 2026 was (£97,545).
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
14,744
67,240
4,622
86,606
Additions
-
21,500
-
21,500
At 31 March 2026
14,744
88,740
4,622
108,106
At 1 April 2025
3,564
14,803
1,664
20,031
Charge for the year
2,236
9,740
592
12,568
At 31 March 2026
5,800
24,543
2,256
32,599
At 31 March 2026
8,944
64,197
2,366
75,507
At 31 March 2025
11,180
52,437
2,958
66,575
Amounts falling due within one year
Trade debtors
133,651
56,748
247 PLUMBERS LTD
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
15,000
-
Obligations under finance leases and hire purchase contracts
2,248
2,247
Trade creditors
72,971
28,563
Taxes and social security
75,103
43,198
Loans from directors
635
99
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
3,933
6,181
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 16 (2025: 11).