Company Registration No. 16313523 (England and Wales)
Rice Plumbing And Maintenance Ltd
Unaudited accounts
for the period from 13 March 2025 to 31 March 2026
Rice Plumbing And Maintenance Ltd
Unaudited accounts
Contents
Rice Plumbing And Maintenance Ltd
Company Information
for the period from 13 March 2025 to 31 March 2026
Directors
Jamie Rice
Sarah Rice
Company Number
16313523 (England and Wales)
Registered Office
Capital Office
124-128 City Road
London
London
EC1V 2NX
England
Accountants
Small Business Accountancy
18 Stoney Hill
Rastrick
Brighouse
West Yorkshire
HD6 3BP
Rice Plumbing And Maintenance Ltd
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
42,319
Creditors: amounts falling due within one year
(90,051)
Total assets less current liabilities
59,102
Creditors: amounts falling due after more than one year
(42,864)
Provisions for liabilities
Profit and loss account
7,789
For the period 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 directors acknowledge their 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 of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by
Jamie Rice
Director
Company Registration No. 16313523
Rice Plumbing And Maintenance Ltd
Notes to the Accounts
for the period from 13 March 2025 to 31 March 2026
Rice Plumbing And Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 16313523. The registered office is Capital Office, 124-128 City Road, London, London, EC1V 2NX, 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 been consistently applied within the same accounts.
The company was incorporated on 13 March 2025 and remained dormant until it commenced trading on 1 April 2025. On that date, the company succeeded to the trade of the predecessor partnership, Rice Plumbing and Maintenance. Tangible fixed asset additions in the period represent the plant and machinery transferred from the partnership to the company upon incorporation at their agreed transfer valuation.
The accounts are presented in £ sterling.
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
Motor vehicles
20% reducing balance
Computer equipment
25% reducing balance
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.
Basic financial instruments, including trade and other debtors and creditors, and bank loans, are initially recognised at transaction price and subsequently measured at amortised cost. Debtors and creditors receivable or payable within one year are measured at the undiscounted amount of cash or other consideration expected to be received or paid.
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.
Rice Plumbing And Maintenance Ltd
Notes to the Accounts
for the period from 13 March 2025 to 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
2,577
61,295
673
64,545
At 31 March 2026
2,577
61,295
673
64,545
Charge for the period
542
12,897
177
13,616
At 31 March 2026
542
12,897
177
13,616
At 31 March 2026
2,035
48,398
496
50,929
Amounts falling due within one year
Accrued income and prepayments
980
6
Creditors: amounts falling due within one year
2026
Bank loans and overdrafts
5,730
Taxes and social security
14,360
Loans from directors
50,951
7
Creditors: amounts falling due after more than one year
2026
Rice Plumbing And Maintenance Ltd
Notes to the Accounts
for the period from 13 March 2025 to 31 March 2026
Accelerated capital allowances
8,447
Charged to the profit and loss account
8,447
Provision at end of period
8,447
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
Shares issued during the period:
2 Ordinary shares of £1 each
2
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Transactions with related parties
The company is in receipt of loans amounting to £50,951 from directors. The loans are unsecured, interest free and repayable on demand, At the balance sheet date, the outstanding loans are included within creditors: amounts falling due within one year.
During the period, total dividends of £30,000 were paid to the directors in their capacity as shareholders.
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Average number of employees
During the period the average number of employees was 2.