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REGISTERED NUMBER: 13139514 (England and Wales)















Unaudited Financial Statements

for the Period 18 January 2021 to 31 January 2022

for

NB GAS & HEATING LTD

NB GAS & HEATING LTD (Registered number: 13139514)






Contents of the Financial Statements
for the Period 18 January 2021 to 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NB GAS & HEATING LTD

Company Information
for the Period 18 January 2021 to 31 January 2022







DIRECTOR: N A Brew





SECRETARY: J Weeks





REGISTERED OFFICE: 4 WOODBURN
MANOR PARK
WOODBURN GREEN
HP10 0ET





REGISTERED NUMBER: 13139514 (England and Wales)





ACCOUNTANT: Branston Adams
Chartered Certified Accountants
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

NB GAS & HEATING LTD (Registered number: 13139514)

Balance Sheet
31 January 2022

Notes £    £   
FIXED ASSETS
Tangible assets 4 15,003

CURRENT ASSETS
Debtors 5 3,396
Cash at bank 11,363
14,759
CREDITORS
Amounts falling due within one year 6 10,699
NET CURRENT ASSETS 4,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,063

CREDITORS
Amounts falling due after more than one
year

7

12,235
NET ASSETS 6,828

CAPITAL AND RESERVES
Called up share capital 102
Retained earnings 6,726
SHAREHOLDERS' FUNDS 6,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2022 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 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 director and authorised for issue on 25 August 2022 and were signed by:



N A Brew - Director


NB GAS & HEATING LTD (Registered number: 13139514)

Notes to the Financial Statements
for the Period 18 January 2021 to 31 January 2022

1. STATUTORY INFORMATION

NB GAS & HEATING 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

NB GAS & HEATING LTD (Registered number: 13139514)

Notes to the Financial Statements - continued
for the Period 18 January 2021 to 31 January 2022

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 1,804 18,200 20,004
At 31 January 2022 1,804 18,200 20,004
DEPRECIATION
Charge for period 451 4,550 5,001
At 31 January 2022 451 4,550 5,001
NET BOOK VALUE
At 31 January 2022 1,353 13,650 15,003

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 18,200
At 31 January 2022 18,200
DEPRECIATION
Charge for period 4,550
At 31 January 2022 4,550
NET BOOK VALUE
At 31 January 2022 13,650

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 407
VAT 2,989
3,396

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 3,968
Tax 4,993
Directors' current accounts 238
Accrued expenses 1,500
10,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 12,235

NB GAS & HEATING LTD (Registered number: 13139514)

Notes to the Financial Statements - continued
for the Period 18 January 2021 to 31 January 2022

8. ULTIMATE CONTROLLING PARTY

The controlling party is N A Brew.