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AS PLUMBING & HEATING SERVICES LIMITED - Company Information

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AS Plumbing & Heating Services Limited

Registered Number:09514364

For the year ended 31 March 2019

England and Wales

Unaudited Financial Statements

As at 31 March 2019

AS Plumbing & Heating Services Limited

Statement of Financial Position

Registered Number :

09514364

2018

2019

Notes

Fixed assets

Intangible assets

3,000

3,500

Property, plant and equipment

10,255

3,130

13,255

6,630

Current assets

Inventories

720

630

Trade and other receivables

18,875

21,556

13,058

Cash and cash equivalents

15,763

37,949

32,653

Trade and other payables: amounts falling due within

one year

(14,542)

(13,417)

18,111

24,532

Net current assets

Total assets less current liabilities

37,787

24,741

37,787

Net assets

24,741

Capital and reserves

Called up share capital

Retained earnings

37,785

24,739

37,787

24,741

Shareholders' funds

For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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For the year ended 31 March 2019

AS Plumbing & Heating Services Limited

Statement of Financial Position Continued

Mr Aaron John Sayers Director

Mrs Michelle Sayers Director

These financial statements were approved and authorised for issue by the Board on 21 June 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2019

AS Plumbing & Heating Services Limited

Notes to the Financial Statements

Statutory Information

AS Plumbing & Heating Services Limited is a private limited company, limited by shares, domiciled in

England and Wales, registration number 09514364.

Registered address:

102 Newmarket Road

Bury St Edmunds

Suffolk

IP33 3TF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of

Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic

of Ireland' and the Companies Act 2006. The financial statements have been prepared under the

historical costs convention as modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 10 years.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

15% Reducing balance

25% Reducing balance

Motor vehicles

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.

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For the year ended 31 March 2019

AS Plumbing & Heating Services Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

At 01 April 2018

5,000

At 31 March 2019

5,000

Amortisation

At 01 April 2018

1,500

500

Charge for year

At 31 March 2019

2,000

Net book value

At 31 March 2019

3,000

At 31 March 2018

3,500

3. Property, plant and equipment

Total

Motor

vehicles

Plant and

machinery

Cost or

valuation

At 01 April 2018

5,995

5,000

995

8,000

Additions

At 31 March 2019

995

13,000

13,995

Provision for depreciation and impairment

At 01 April 2018

2,865

2,595

270

Charge for year

875

765

110

At 31 March 2019

3,740

3,360

380

At 31 March 2019

Net book value

615

9,640

10,255

At 31 March 2018

725

2,405

3,130

4. Inventories

2018

2019

Stocks

630

720

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For the year ended 31 March 2019

AS Plumbing & Heating Services Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2018

2019

Trade debtors

3,272

5,576

Other debtors

18,284

13,299

18,875

21,556

6. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft

2,379

Trade creditors

3,300

Taxation and social security

9,823

10,031

Other creditors

1,150

1,211

13,417

14,542

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