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REGISTERED NUMBER: 01168765 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

1a Autoheat Limited

1a Autoheat Limited (Registered number: 01168765)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


1a Autoheat Limited

Company Information
for the Year Ended 30 June 2022







DIRECTORS: S R Mawer
K J Tayler





REGISTERED OFFICE: Unit 29 New Forest Enterprise Centre
Totton
Southampton
SO40 9LA





REGISTERED NUMBER: 01168765 (England and Wales)





ACCOUNTANTS: BJT Accountants Limited
Wessex House
Upper Market Street
Eastleigh
Hampshire
SO50 9FD

1a Autoheat Limited (Registered number: 01168765)

Balance Sheet
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,540 26,959
Investments 5 100 100
9,640 27,059

CURRENT ASSETS
Stocks 9,917 7,911
Debtors 6 683,259 693,611
Cash at bank and in hand 139,855 197,296
833,031 898,818
CREDITORS
Amounts falling due within one year 7 159,196 180,616
NET CURRENT ASSETS 673,835 718,202
TOTAL ASSETS LESS CURRENT
LIABILITIES

683,475

745,261

CREDITORS
Amounts falling due after more than
one year

8

(30,400

)

(41,942

)

PROVISIONS FOR LIABILITIES (44,000 ) (50,023 )
NET ASSETS 609,075 653,296

1a Autoheat Limited (Registered number: 01168765)

Balance Sheet - continued
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9,300 9,300
Capital redemption reserve 40 40
Retained earnings 599,735 643,956
609,075 653,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 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 8 August 2022 and were signed on its behalf by:




S R Mawer - Director



K J Tayler - Director


1a Autoheat Limited (Registered number: 01168765)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

1a Autoheat 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 FRS 102 The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


1a Autoheat Limited (Registered number: 01168765)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

2. ACCOUNTING POLICIES - continued
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.

Government grants
Business Interruption Payment (BIP) under the Coronavirus Business Interruption Loan and BounceBackLoan scheme:

The BIP is payable in respect of the loan interest for the first 12 months, together with any
related fees. The accrual model has been used to recognise the income on a systematic basis over the periods in which the related finance costs are incurred. The company has also benefited from the UK government's provision of security for 100% of the loan.

Coronavirus Job Retention Scheme: the accrual model has been used to recognise the grant on a systematic basis over the periods in which the related staff costs are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2021 - 16 ) .

1a Autoheat Limited (Registered number: 01168765)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2021 2,827 4,150 95,213 5,474 107,664
Additions 520 3,596 - 754 4,870
Disposals (723 ) (1,074 ) (95,213 ) - (97,010 )
At 30 June 2022 2,624 6,672 - 6,228 15,524
DEPRECIATION
At 1 July 2021 1,524 2,924 75,164 1,093 80,705
Charge for year 217 536 - 1,024 1,777
Eliminated on disposal (316 ) (1,018 ) (75,164 ) - (76,498 )
At 30 June 2022 1,425 2,442 - 2,117 5,984
NET BOOK VALUE
At 30 June 2022 1,199 4,230 - 4,111 9,540
At 30 June 2021 1,303 1,226 20,049 4,381 26,959

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2021
and 30 June 2022 100
NET BOOK VALUE
At 30 June 2022 100
At 30 June 2021 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade debtors 16,575 42,370
Amounts owed by group undertakings 637,243 637,243
Other debtors 29,441 13,998
683,259 693,611

Include in other debtors above is £20,753 (2021: £12,623) in respect of prepayments and accrued income.

1a Autoheat Limited (Registered number: 01168765)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Bank loans and overdrafts 9,600 7,438
Trade creditors 55,848 40,335
Amounts owed to group undertakings 100 100
Taxation and social security 76,821 99,949
Other creditors 16,827 32,794
159,196 180,616

Include in other creditors above is £8,822 (2021: £26,004) in respect of accruals and deferred income.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.22 30.6.21
£    £   
Bank loans 30,400 41,942

9. ULTIMATE CONTROLLING PARTY

The controlling party is Gascare (Southampton) Limited.

Gascare (Southampton) Limited, a company registered in England and Wales, is the parent company