MB Plumbing & Heating (Nottingham) Limited Accounts






MB Plumbing & Heating (Nottingham) Limited

	Company No. 06327049
		Information for Filing with The Registrar
		31 March 2026

The Directors present their report and the accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the company during the year under review was plumbers and heating engineers.




Directors

The Directors who served at any time during the year were as follows:

Julie Bull
Marcus A Bull








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Julie Bull
Director
27 October 2026

at	31 March 2026
Company No.		06327049	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	25,829	30,593


				25,829	30,593
Current assets
	Stocks		6	800	800
	Debtors		7	31,094	37,654

	Cash at bank and in hand			30,425	16,365
				62,319	54,819
Creditors: Amount falling due within one year			8	(51,810)	(39,840)
Net current assets				10,509	14,979
Total assets less current liabilities				36,338	45,572
Creditors: Amounts falling due after more than one year			9	(29,043)	(38,949)
Provisions for liabilities
	Deferred taxation		11	(4,900)	(5,800)

Net assets				2,395	823

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		13	2,295	723

Total equity				2,395	823



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 27 October 2026 and signed on its behalf by:
Julie Bull
Director
27 October 2026

for the year ended 31 March 2026

General information

MB Plumbing & Heating (Nottingham) Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 06327049

Its registered office is:

Its trading address is:

C17 Kestrel Business Centre

12 Stuart Close

Colwick Industrial Estate

Arnold

Nottingham

NG4 2JR

NG5 8AE

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The financial statements have been prepared on the going concern basis. The directors are not aware of any material threats to the ability of the company to continue to trade for the foreseeable future.

Accounting policies

Revenue recognition

Turnover represents the fair value of the consideration receivable in respect of services provided during the year. Where the outcome of a transaction can be estimated reliably, revenue associated with the transaction is recognised in the income statement by reference the stage of completion at the year end.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

20% Straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term 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.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when:

(a) The contractual rights to the cash flows from the asset expire or are settled;

(b) Substantially all the risks and rewards of the ownership of the asset are transferred to another party; or

(c) Control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	3

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	13,718	4,801
		Credit for prior periods	(25)	-
		Total corporation tax	13,693	4,801

		Origination and reversal of timing differences	(900)	4,600

		Total deferred tax	(900)	4,600

		Tax on profit on ordinary activities	12,793	9,401

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		12793	£	£
		Profit on ordinary activities before tax	60,365	47,716



		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	12,818	9,401
		Adjustments to charge in respect of prior periods	(25)	-



		Tax on profit on ordinary activities	12,793	9,401

5	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 April 2025	38,025	12,805	50,830
		Additions	-	3,396	3,396



		At 31 March 2026	38,025	16,201	54,226
		Depreciation
		At 1 April 2025	9,506	10,731	20,237
		Charge for the year	7,130	1,030	8,160



		At 31 March 2026	16,636	11,761	28,397
		Net book values
		At 31 March 2026	21,389	4,440	25,829
		At 31 March 2025	28,519	2,074	30,593

6	Stocks
			2026	2025
			£	£
		Raw materials and consumables	800	800


			800	800

7	Debtors
			2026	2025
			£	£
		Trade debtors	13,092	7,486




		Loans to directors	12,877	24,138

		Prepayments and accrued income	5,125	6,030
			31,094	37,654

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	5,098	5,230

		Obligations under finance lease and hire purchase contracts	5,389	5,389
		Trade creditors	15,492	15,606

		Taxes and social security	24,030	11,863

		Other creditors	144	100
		Accruals and deferred income	1,657	1,652
			51,810	39,840

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	15,570	20,087

		Obligations under finance lease and hire purchase contracts	13,473	18,862




			29,043	38,949

10	Creditors: secured liabilities
			2026	2025
			£	£
		The aggregate amount of secured liabilities included within creditors	18,862	24,251

		The hire purchase liability is secured against the asset financed.

11	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 April 2025	5,800	5,800
		Charge to the profit and loss account for the period	(900)	(900)

		At 31 March 2026	4,900	4,900

Share Capital

Share capital consists of 100 Ordinary Shares of £1 each, which are fully paid up.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

14	Related party transactions
	During the year the following loan to the director subsisted. The loan is unsecured, free of interest and is repayable upon demand.
	The details of the loans were as follows:
		2026	2025
		£	£
	Balance at 01 April 2025	24,138	24,446
	Amounts advanced	3,151	5,317
	Amounts repaid	(14,412)	(5,625)
	Balance at 31 March 2026	12,877	24,138

15	Dividends
			2026	2025
			£	£
		Dividends for the period:
		Dividends paid in the period	46,000	39,500

			46,000	39,500

		Dividends by type:

		Equity dividends	46,000	39,500
			46,000	39,500