Paul Tamcken Heating & Plumbing Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09848316 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2019

for

Paul Tamcken Heating & Plumbing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Tamcken

Mrs K Tamcken

SECRETARY:

REGISTERED OFFICE:

Kingswood Cottage Kingswood Close

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8SL

REGISTERED NUMBER:

09848316 (England and Wales)

ACCOUNTANTS:

SW&A Accountants

Unit 7 Ball Mill Top

Main Road

Hallow

Worcester

Worcestershire

FIXED ASSETS

Tangible assets

4

1,022

-

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

5

19,978

72,552

Cash at bank

17,975

37,541

40,453

112,593

CREDITORS

Amounts falling due within one year

6

29,961

66,800

NET CURRENT ASSETS

10,492

45,793

TOTAL ASSETS LESS CURRENT LIABILITIES

11,514

45,793

PROVISIONS FOR LIABILITIES

194

-

NET ASSETS

11,320

45,793

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11,220

45,693

11,320

45,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 31 October 2020 and were signed on its behalf by:

P D Tamcken - Director

1.	STATUTORY INFORMATION

Paul Tamcken Heating & Plumbing Limited 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.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

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 4 (2018 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2018

784

Additions

1,362

At 31 October 2019

2,146

DEPRECIATION

At 1 November 2018

784

Charge for year

340

At 31 October 2019

1,124

NET BOOK VALUE

At 31 October 2019

1,022

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Trade debtors

11,575

20,773

Other debtors

8,403

51,779

19,978

72,552

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Trade creditors

10,671

-

Taxation and social security

1,993

25,655

Other creditors

17,297

41,145

29,961

66,800