REGISTERED NUMBER: 02477260 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

1ST ABOUT PLUMBING & CARPENTRY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Carter

SECRETARY:

Mrs T Carter

REGISTERED OFFICE:

Chapter House

26b Chapter Road

Strood

Rochester

Kent

ME2 3PX

REGISTERED NUMBER:

02477260 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

4

459,669

475,345

CURRENT ASSETS

Stocks

4,960

4,600

Debtors

5

507,765

441,515

Cash at bank

628,894

759,301

1,141,619

1,205,416

CREDITORS

Amounts falling due within one year

6

257,073

308,051

NET CURRENT ASSETS

884,546

897,365

TOTAL ASSETS LESS CURRENT LIABILITIES

1,344,215

1,372,710

CREDITORS

Amounts falling due after more than one year

7

(85,289

)

(117,110

)

PROVISIONS FOR LIABILITIES

(80,877

)

(83,839

)

NET ASSETS

1,178,049

1,171,761

CAPITAL AND RESERVES

Called up share capital

8

50

50

Retained earnings

9

1,177,999

1,171,711

SHAREHOLDERS' FUNDS

1,178,049

1,171,761

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 29 October 2026 and were signed by:

A Carter - Director

1.	STATUTORY INFORMATION

1st About Plumbing & Carpentry Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% per annum on cost

Plant and machinery

-

25% per annum on reducing balance

Fixtures, fittings and office equipment

-

25% per annum on reducing balance

Motor vehicles

-

25% per annum on reducing balance

Computer equipment

-

25% per annum 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 15 (2025 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Freehold

Plant and

office

property

machinery

equipment

£

£

£

COST

At 1 June 2025

138,414

154,108

26,107

Additions

-

12,704

2,676

Disposals

-

-

-

At 31 May 2026

138,414

166,812

28,783

DEPRECIATION

At 1 June 2025

16,091

85,863

22,817

Charge for year

2,768

19,055

1,002

Eliminated on disposal

-

-

-

At 31 May 2026

18,859

104,918

23,819

NET BOOK VALUE

At 31 May 2026

119,555

61,894

4,964

At 31 May 2025

122,323

68,245

3,290

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2025

530,483

64,724

913,836

Additions

66,068

16,615

98,063

Disposals

(48,333

)

-

(48,333

)

At 31 May 2026

548,218

81,339

963,566

DEPRECIATION

At 1 June 2025

265,385

48,335

438,491

Charge for year

76,091

8,252

107,168

Eliminated on disposal

(41,762

)

-

(41,762

)

At 31 May 2026

299,714

56,587

503,897

NET BOOK VALUE

At 31 May 2026

248,504

24,752

459,669

At 31 May 2025

265,098

16,389

475,345

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 June 2025

207,708

Additions

66,068

At 31 May 2026

273,776

DEPRECIATION

At 1 June 2025

49,856

Charge for year

50,474

At 31 May 2026

100,330

NET BOOK VALUE

At 31 May 2026

173,446

At 31 May 2025

157,852

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

381,795

311,361

Other debtors

125,970

130,154

507,765

441,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

42,672

39,661

Trade creditors

27,765

78,981

Taxation and social security

155,963

153,387

Other creditors

30,673

36,022

257,073

308,051

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

60,225

76,171

Other creditors

25,064

40,939

85,289

117,110

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10

Ordinary

£1

10

10

10

A Ordinary

£1

10

10

10

B Ordinary

£1

10

10

10

C Ordinary

£1

10

10

10

D Ordinary

£1

10

10

50

50

9.

RESERVES

Retained

earnings

£

At 1 June 2025

1,171,711

Profit for the year

180,903

Dividends

(174,615

)

At 31 May 2026

1,177,999

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the director Mr A Carter was owed £464 by the company (2025: £6,149)