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REGISTERED NUMBER: 11725242 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2021

for

R & JC Heat Ltd

R & JC Heat Ltd (Registered number: 11725242)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


R & JC Heat Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTORS: J S Clough
A R Clough





REGISTERED OFFICE: Far Leys Farm
Ollerton Road
Tuxford
Newark
Nottinghamshire
NG22 0PG





REGISTERED NUMBER: 11725242 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R & JC Heat Ltd

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R & JC Heat Ltd for the year ended 31 December 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R & JC Heat Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R & JC Heat Ltd and state those matters that we have agreed to state to the Board of Directors of R & JC Heat Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & JC Heat Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R & JC Heat Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R & JC Heat Ltd. You consider that R & JC Heat Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R & JC Heat Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES


24 March 2022

R & JC Heat Ltd (Registered number: 11725242)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,022,206 2,170,109

CURRENT ASSETS
Debtors 5 158,151 168,274
Cash at bank 156,939 28,674
315,090 196,948
CREDITORS
Amounts falling due within one year 6 400,876 379,442
NET CURRENT LIABILITIES (85,786 ) (182,494 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,936,420

1,987,615

CREDITORS
Amounts falling due after more than one
year

7

(1,648,254

)

(1,984,567

)

PROVISIONS FOR LIABILITIES (45,770 ) -
NET ASSETS 242,396 3,048

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 242,296 2,948
242,396 3,048

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 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 24 March 2022 and were signed on its behalf by:





J S Clough - Director


R & JC Heat Ltd (Registered number: 11725242)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

R & JC Heat 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.
Freehold property - Straight line over 25 years
Plant and machinery - Straight line over 15 years

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.

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.

3. EMPLOYEES AND DIRECTORS

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

R & JC Heat Ltd (Registered number: 11725242)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 January 2021
and 31 December 2021 109,230 2,153,016 2,262,246
DEPRECIATION
At 1 January 2021 2,722 89,415 92,137
Charge for year 4,369 143,534 147,903
At 31 December 2021 7,091 232,949 240,040
NET BOOK VALUE
At 31 December 2021 102,139 1,920,067 2,022,206
At 31 December 2020 106,508 2,063,601 2,170,109

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 153,620 163,480
Other debtors 4,531 4,794
158,151 168,274

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 305,770 303,850
Trade creditors 20,576 17,470
Taxation and social security 12,823 84
Other creditors 61,707 58,038
400,876 379,442

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans 1,488,286 1,824,599
Other creditors 159,968 159,968
1,648,254 1,984,567