Bakers Plumbing & Heating Services Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08323096 (England and Wales)

Financial Statements for the Year Ended 31 December 2021

for

Bakers Plumbing & Heating Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Baker

SECRETARY:

Mrs A V Baker

REGISTERED OFFICE:

4 Quex Road

London

NW6 4PJ

REGISTERED NUMBER:

08323096 (England and Wales)

ACCOUNTANTS:

Purcells, Chartered Accountants

4 Quex Road

London

NW6 4PJ

FIXED ASSETS

Tangible assets

4

13,338

17,783

CURRENT ASSETS

Stocks

23,007

17,040

Debtors

5

50,527

85,153

Cash at bank

16,057

43,542

89,591

145,735

CREDITORS

Amounts falling due within one year

6

135,165

148,116

NET CURRENT LIABILITIES

(45,574

)

(2,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,236

)

15,402

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(32,238

)

15,400

SHAREHOLDERS' FUNDS

(32,236

)

15,402

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 July 2023 and were signed by:

A Baker - Director

1.	STATUTORY INFORMATION

Bakers Plumbing & Heating Services 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 represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2021

and 31 December 2021

34,092

DEPRECIATION

At 1 January 2021

16,309

Charge for year

4,445

At 31 December 2021

20,754

NET BOOK VALUE

At 31 December 2021

13,338

At 31 December 2020

17,783

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

49,027

83,155

Other debtors

1,500

1,998

50,527

85,153

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans and overdrafts

56,219

64,498

Trade creditors

5,548

2,790

Taxation and social security

62,200

58,569

Other creditors

11,198

22,259

135,165

148,116

7.	GOING CONCERN

The accounts have been prepared on the Going Concern Basis on the assumption that the company's bankers will continue to support the company for a period of 12 months from the date of these financial statements.