REGISTERED NUMBER: 06704907 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 September 2017

for

AB Plumbing & Heating Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Bohanna

M Bohanna

SECRETARY:

M Bohanna

REGISTERED OFFICE:

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

REGISTERED NUMBER:

06704907 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

484

1,007

CURRENT ASSETS

Debtors

5

24,890

32,554

Cash at bank

6

33

24,896

32,587

CREDITORS

Amounts falling due within one year

6

20,253

29,337

NET CURRENT ASSETS

4,643

3,250

TOTAL ASSETS LESS CURRENT LIABILITIES

5,127

4,257

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

8

5,117

4,247

SHAREHOLDERS' FUNDS

5,127

4,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 11 February 2018 and were signed on its behalf by:

A Bohanna - Director

1.	STATUTORY INFORMATION

AB Plumbing & Heating 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 the provisions of Section 1A "Small Entities" 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 cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

This is the first year that the Company has presented its results under FRS 102. The last financial statements

under previous UK GAAP were for the year ended 30 September 2016 and the date of transition to FRS 102 was

1 October 2015. There were no changes in accounting policies as a result of FRS 102 adoption and therefore no

need for any reconciliation statement.

Transitional relief

On transition to FRS 102, the Company has not needed to take advantage of any transitional reliefs.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and is recognised as services

are provided.

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

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively

enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and

liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the

extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset

to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which

the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or

substantively enacted by the end of the reporting period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less

from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting

from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the

obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their

settlement amount after allowing for any trade discounts due.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2016

and 30 September 2017

4,039

9,910

1,944

15,893

DEPRECIATION

At 1 October 2016

3,682

9,910

1,294

14,886

Charge for year

357

-

166

523

At 30 September 2017

4,039

9,910

1,460

15,409

NET BOOK VALUE

At 30 September 2017

-

-

484

484

At 30 September 2016

357

-

650

1,007

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

24,240

32,164

Other debtors

650

390

24,890

32,554

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Bank loans and overdrafts

3,237

5,582

Trade creditors

1,876

290

Corporation tax

4,513

2,796

VAT

8,892

13,239

Directors' current accounts

235

5,930

Accrued expenses

1,500

1,500

20,253

29,337

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.17

30.9.16

value:

£

£

10

Ordinary

£1

10

10

8.

RESERVES

Retained

earnings

£

At 1 October 2016

4,247

Profit for the year

11,870

Dividends

(11,000

)

At 30 September 2017

5,117