DMR Plumbing & Heating Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10698256

DMR Plumbing & Heating Ltd

Filleted Unaudited Financial Statements

31 March 2026

DMR Plumbing & Heating Ltd

Statement of Financial Position

31 March 2026

	2026		2025
			(restated)
Note	£	£	£	£

Fixed Assets

Intangible assets	5	2,200	3,300
Tangible assets	6	118,172	86,547
		---------	--------
		120,372	89,847

Current Assets

Stocks		18,304	60,565
Debtors	7	103,621	81,178
Cash at bank and in hand		137,311	130,039
		---------	---------
		259,236	271,782

Creditors: amounts falling due within one year	8	250,383		272,614
		---------		---------
Net Current Assets/(Liabilities)			8,853		( 832)
			---------		--------
Total Assets Less Current Liabilities			129,225		89,015

Creditors: amounts falling due after more than one year	9		56,273		32,790

Provisions	9,919	15,637
	---------	--------
Net Assets	63,033	40,588
	---------	--------

Capital and Reserves

Called up share capital	1	1
Profit and loss account	63,032	40,587
	--------	--------
Shareholders Funds	63,033	40,588
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DMR Plumbing & Heating Ltd

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 3 November 2026 , and are signed on behalf of the board by:

Mr D M Roth
Director

Company registration number: 10698256

DMR Plumbing & Heating Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3B, Rossett Business Village, Rossett, Wrexham, LL12 0AY, Wales.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

The turnover shown in the profit and loss account represents the value of services provided during the year, exclusive of Value Added Tax.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	3 years straight line
Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance Leases and Hire Purchase Contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transactional value and subsequently measured at their settlement value. Prepayments and deferred income do not constitute basic financial instruments.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2025: 8 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2025 (as restated) and 31 March 2026	11,000
	--------
Amortisation
At 1 April 2025	7,700
Charge for the year	1,100
	--------
At 31 March 2026	8,800
	--------
Carrying amount
At 31 March 2026	2,200
	--------
At 31 March 2025	3,300
	--------

6. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2025 (as restated)	9,148	5,414	175,774	6,916	197,252
Additions	3,459	–	80,290	1,501	85,250
Disposals	( 9,148)	–	( 27,771)	–	( 36,919)
	-------	-------	---------	-------	---------
At 31 March 2026	3,459	5,414	228,293	8,417	245,583
	-------	-------	---------	-------	---------
Depreciation
At 1 April 2025	3,049	4,104	100,329	3,223	110,705
Charge for the year	( 1,896)	327	36,480	779	35,690
Disposals	–	–	( 18,984)	–	( 18,984)
	-------	-------	---------	-------	---------
At 31 March 2026	1,153	4,431	117,825	4,002	127,411
	-------	-------	---------	-------	---------
Carrying amount
At 31 March 2026	2,306	983	110,468	4,415	118,172
	-------	-------	---------	-------	---------
At 31 March 2025	6,099	1,310	75,445	3,693	86,547
	-------	-------	---------	-------	---------

7. Debtors

	2026	2025
		(restated)
	£	£
Trade debtors	78,943	32,523
Other debtors	24,678	48,655
	---------	--------
	103,621	81,178
	---------	--------

8. Creditors: amounts falling due within one year

	2026	2025
		(restated)
	£	£
Bank loans and overdrafts	14,099	30,727
Trade creditors	101,291	163,323
Corporation tax	13,523	6,434
Social security and other taxes	55,541	25,157
Other creditors	65,929	46,973
	---------	---------
	250,383	272,614
	---------	---------

9. Creditors: amounts falling due after more than one year

	2026	2025
		(restated)
	£	£
Bank loans and overdrafts	17,461	22,975
Other creditors	38,812	9,815
	--------	--------
	56,273	32,790
	--------	--------

10. Prior period adjustments

During the previous year the company ceased to qualify as being eligible to prepare accounts under FRS105, therefore, financial statements for the year ended 31 March 2026 have been prepared in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The transitional adjustments made in the previous year related to the recognition of a provision for deferred tax liability which has been recognised as a prior year adjustment in these financial statements as follows:

	2026	2025
	£	£
Brought forward as previously reported	56,225	87,226

Prior year adjustments:
Year Ended 31 March 2024 deferred tax creditor	(23,824)	(23,824)
Year Ended 31 March 2025 deferred tax creditor	8,187

	--------	--------
Brought forward reserves as restated	40,588	63,402

There were no other adjustments necessary to comply with Section 1A of FRS102.