SWINDON PLUMBING SUPPLIES LIMITED

SWINDON PLUMBING SUPPLIES LIMITED

SWINDON PLUMBING SUPPLIES LIMITED - Company Information

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SWINDON PLUMBING SUPPLIES LIMITED

Company Registration Number:
03355582 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2019

Period of accounts

Start date: 01 January 2019

End date: 31 December 2019

SWINDON PLUMBING SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2019

Balance sheet
Notes

SWINDON PLUMBING SUPPLIES LIMITED

Balance sheet

As at 31 December 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 32,976 15,096
Investments: 4 1,300 1,300
Total fixed assets: 34,276 16,396
Current assets
Stocks: 423,105 526,543
Debtors:   782,155 808,434
Cash at bank and in hand: 145,490 0
Total current assets: 1,350,750 1,334,977
Creditors: amounts falling due within one year: 5 (871,363) (758,031)
Net current assets (liabilities): 479,387 576,946
Total assets less current liabilities: 513,663 593,342
Creditors: amounts falling due after more than one year: 6 (23,477)
Provision for liabilities:   (2,947)
Total net assets (liabilities): 490,186 590,395
Capital and reserves
Called up share capital: 8 8
Other reserves: 2 2
Profit and loss account: 490,176 590,385
Shareholders funds: 490,186 590,395

The notes form part of these financial statements

SWINDON PLUMBING SUPPLIES LIMITED

Balance sheet statements

For the year ending 31 December 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 May 2020
and signed on behalf of the board by:

Name: S M Emms
Status: Director

The notes form part of these financial statements

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

2. Employees

2019 2018
Average number of employees during the period 14 13

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

3. Tangible Assets

Total
Cost £
At 01 January 2019 259,587
Additions 29,854
Disposals (17,438)
At 31 December 2019 272,003
Depreciation
At 01 January 2019 244,491
Charge for year 10,992
On disposals (16,456)
At 31 December 2019 239,027
Net book value
At 31 December 2019 32,976
At 31 December 2018 15,096

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

4. Fixed investments

Other investment other than loansCost at 31 December 2018 £1,300Cost at 31 December 2019 £1,300Net Book Value at 31 Decmeber 2018 £1,300Net Book Value at 31 December 2019 £1,300

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

5. Creditors: amounts falling due within one year note

Due within one yearAt 31 December 2018 £758,031At 31 December 2019 £871 363

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

6. Creditors: amounts falling due after more than one year note

Creditors due after one yearHire PurchaseAt 31 December 2018 £NilAt 31 December 2019 £23,477

SWINDON PLUMBING SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2019

7. Financial commitments

Committments to lease payments £96,438 per annum to 2023