A Hickman Plumbing & Heating Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12435907 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 31 JANUARY 2020 TO 31 MARCH 2021

FOR

A HICKMAN PLUMBING & HEATING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S A Hickman

A Hickman

Miss C Lewis

REGISTERED OFFICE:

13 Keppel View Road

Kimberworth

Rotherham

S61 2AR

REGISTERED NUMBER:

12435907 (England and Wales)

ACCOUNTANTS:

Michael A Jarvis & Co Ltd

Edenthorpe

Grove Road

Rotherham

South Yorkshire

S60 2ER

FIXED ASSETS

Tangible assets

4

10,769

CURRENT ASSETS

Debtors

5

6,463

Cash at bank and in hand

49,675

56,138

CREDITORS

Amounts falling due within one year

6

47,071

NET CURRENT ASSETS

9,067

TOTAL ASSETS LESS CURRENT LIABILITIES

19,836

CREDITORS

Amounts falling due after more than one year

7

(8,677

)

PROVISIONS FOR LIABILITIES

(2,046

)

NET ASSETS

9,113

CAPITAL AND RESERVES

Called up share capital

148

Retained earnings

8,965

9,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2021 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 30 September 2021 and were signed on its behalf by:

A Hickman - Director

1.	STATUTORY INFORMATION

A Hickman Plumbing & Heating Ltd 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.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

12,608

At 31 March 2021

12,608

DEPRECIATION

Charge for period

1,839

At 31 March 2021

1,839

NET BOOK VALUE

At 31 March 2021

10,769

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

6,463

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts (see note 8)

1,323

Trade creditors

8,311

Taxation and social security

9,028

Other creditors

28,409

47,071

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans (see note 8)

8,677

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,184

8.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due within one year or on demand:

Bank loans

1,323

Amounts falling due between two and five years:

Bank loans - 2-5 years

7,493

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,184

The company drew down funds under the bounce back loan scheme subject to the standard terms and conditions set out by HM Treasury.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 March 2021:

£

S A Hickman

Balance outstanding at start of period

-

Amounts advanced

10,049

Amounts repaid

(12,076

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(2,027

)

A Hickman

Balance outstanding at start of period

-

Amounts advanced

13,035

Amounts repaid

(22,140

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(9,105

)

Miss C Lewis

Balance outstanding at start of period

-

Amounts advanced

13,049

Amounts repaid

(22,076

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(9,027

)

10.	RELATED PARTY DISCLOSURES

During the period, total dividends of £20,000 were paid to the directors .

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr A Hickman and Miss C Lewis.