REGISTERED NUMBER: 05616560 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2017 TO 31 AUGUST 2018

FOR

A & S PLUMBING & HEATING 1969 LIMITED

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

T Lowe

SECRETARY:

G A Appleby

REGISTERED OFFICE:

32 Royal Scot Road

Derby

Derbyshire

DE24 8AJ

REGISTERED NUMBER:

05616560 (England and Wales)

ACCOUNTANTS:

Ashford Green Limited

Electric House

Ninian Way

Wilnecote

Tamworth

Staffordshire

B77 5DE

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 August 2018 set out on pages two to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ashford Green Limited

Electric House

Ninian Way

Wilnecote

Tamworth

Staffordshire

B77 5DE

28 September 2018

FIXED ASSETS

Tangible assets

4

36,896

65,413

CURRENT ASSETS

Debtors

5

2,546,118

1,265,849

Cash at bank

116,814

11,628

2,662,932

1,277,477

CREDITORS

Amounts falling due within one year

6

1,678,841

576,032

NET CURRENT ASSETS

984,091

701,445

TOTAL ASSETS LESS CURRENT LIABILITIES

1,020,987

766,858

CREDITORS

Amounts falling due after more than one year

7

(10,970

)

(14,310

)

PROVISIONS FOR LIABILITIES

(7,216

)

(13,082

)

NET ASSETS

1,002,801

739,466

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,002,799

739,464

SHAREHOLDERS' FUNDS

1,002,801

739,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2018 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 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 director on 28 September 2018 and were signed by:

T Lowe - Director

1.	STATUTORY INFORMATION

A & S Plumbing & Heating 1969 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.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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 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.

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 period was 16 (2017 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2017

8,940

9,157

148,938

10,484

177,519

Additions

-

-

(1

)

404

403

Disposals

-

-

(21,880

)

-

(21,880

)

At 31 August 2018

8,940

9,157

127,057

10,888

156,042

DEPRECIATION

At 1 April 2017

8,197

2,007

95,648

6,254

112,106

Charge for period

210

2,025

16,418

3,345

21,998

Eliminated on disposal

-

-

(14,958

)

-

(14,958

)

At 31 August 2018

8,407

4,032

97,108

9,599

119,146

NET BOOK VALUE

At 31 August 2018

533

5,125

29,949

1,289

36,896

At 31 March 2017

743

7,150

53,290

4,230

65,413

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

2,307,249

1,069,907

Amounts owed by group undertakings

236,723

184,223

Other debtors

2,146

11,719

2,546,118

1,265,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts (see note 8)

2,505

3,090

Trade creditors

1,520,023

536,351

Taxation and social security

140,345

6,146

Other creditors

15,968

30,445

1,678,841

576,032

Included within other creditors is an amount due to the director of £5,753 (2017: £21,840).

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts (see note 8)

10,970

14,310

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2018

2017

£

£

Net obligations repayable:

Within one year

2,505

3,090

Between one and five years

10,970

14,310

13,475

17,400

Non-cancellable operating

leases

2018

2017

£

£

Within one year

8,176

6,597

Between one and five years

12,591

1,633

20,767

8,230