PV GAS&HEATING LTD

Company Registration Number:
SC614611 (Scotland)

Unaudited abridged accounts for the year ended 30 November 2021

Period of accounts

Start date: 01 December 2020

End date: 30 November 2021

PV GAS&HEATING LTD

Contents of the Financial Statements

for the Period Ended 30 November 2021

Balance sheet
Notes

PV GAS&HEATING LTD

Balance sheet

As at 30 November 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 37,903 53,964
Total fixed assets: 37,903 53,964
Current assets
Debtors:   5,201 0
Cash at bank and in hand: 0 20
Total current assets: 5,201 20
Creditors: amounts falling due within one year: 4 (2,400) (3,958)
Net current assets (liabilities): 2,801 (3,938)
Total assets less current liabilities: 40,704 50,026
Creditors: amounts falling due after more than one year: 5 (75,545) (62,823)
Total net assets (liabilities): (34,841) (12,797)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (34,842) (12,798)
Shareholders funds: (34,841) (12,797)

The notes form part of these financial statements

PV GAS&HEATING LTD

Balance sheet statements

For the year ending 30 November 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2022
and signed on behalf of the board by:

Name: Patrick Vaughan
Status: Director

The notes form part of these financial statements

PV GAS&HEATING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation is provided on fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:Motor vehicles - 25% per annum on a reducing balance basisOffice equipment - 25% per annum on a reducing balance basis

PV GAS&HEATING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

2. Employees

2021 2020
Average number of employees during the period 1 1

PV GAS&HEATING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible Assets

Total
Cost £
At 01 December 2020 66,998
Additions 34,229
Disposals (44,166)
At 30 November 2021 57,061
Depreciation
At 01 December 2020 13,034
Charge for year 11,077
On disposals (4,953)
At 30 November 2021 19,158
Net book value
At 30 November 2021 37,903
At 30 November 2020 53,964

PV GAS&HEATING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Creditors: amounts falling due within one year note

Bank loan £2,000; Accruals and deferred income £400: Total £2,400

PV GAS&HEATING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Creditors: amounts falling due after more than one year note

Bank loan £18,000; Other creditors £57,545; Total £75,545