IRIS Accounts Production v23.3.0.418 10124412 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure101244122022-04-30101244122023-04-30101244122022-05-012023-04-30101244122021-04-30101244122021-05-012022-04-30101244122022-04-3010124412ns16:EnglandWales2022-05-012023-04-3010124412ns15:PoundSterling2022-05-012023-04-3010124412ns11:Director12022-05-012023-04-3010124412ns11:PrivateLimitedCompanyLtd2022-05-012023-04-3010124412ns11:SmallEntities2022-05-012023-04-3010124412ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-3010124412ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3010124412ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-3010124412ns11:FullAccounts2022-05-012023-04-3010124412ns11:Director22022-05-012023-04-3010124412ns11:RegisteredOffice2022-05-012023-04-3010124412ns6:CurrentFinancialInstruments2023-04-3010124412ns6:CurrentFinancialInstruments2022-04-3010124412ns6:Non-currentFinancialInstruments2023-04-3010124412ns6:Non-currentFinancialInstruments2022-04-3010124412ns6:ShareCapital2023-04-3010124412ns6:ShareCapital2022-04-3010124412ns6:RetainedEarningsAccumulatedLosses2023-04-3010124412ns6:RetainedEarningsAccumulatedLosses2022-04-3010124412ns6:PlantMachinery2022-05-012023-04-3010124412ns6:MotorVehicles2022-05-012023-04-3010124412ns6:ComputerEquipment2022-05-012023-04-3010124412ns6:PlantMachinery2022-04-3010124412ns6:MotorVehicles2022-04-3010124412ns6:ComputerEquipment2022-04-3010124412ns6:PlantMachinery2023-04-3010124412ns6:MotorVehicles2023-04-3010124412ns6:ComputerEquipment2023-04-3010124412ns6:PlantMachinery2022-04-3010124412ns6:MotorVehicles2022-04-3010124412ns6:ComputerEquipment2022-04-3010124412ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3010124412ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-30
REGISTERED NUMBER: 10124412 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Neater Heat Ltd

Neater Heat Ltd (Registered number: 10124412)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neater Heat Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTORS: L Tilbury
S Tilbury





REGISTERED OFFICE: Rangefield Court
Farnham Trading Estate
Farnham
Surrey
GU9 9NP





REGISTERED NUMBER: 10124412 (England and Wales)





ACCOUNTANTS: J.Y. Limited
Rangefield Court
Farnham Trading Estate
Farnham
Surrey
GU9 9NP

Neater Heat Ltd (Registered number: 10124412)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,425 24,140

CURRENT ASSETS
Stocks 1,500 6,135
Debtors 5 65,522 79,120
Cash at bank and in hand 110,843 128,965
177,865 214,220
CREDITORS
Amounts falling due within one year 6 102,428 103,213
NET CURRENT ASSETS 75,437 111,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,862

135,147

CREDITORS
Amounts falling due after more than one
year

7

35,185

40,741
NET ASSETS 75,677 94,406

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,577 94,306
SHAREHOLDERS' FUNDS 75,677 94,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Neater Heat Ltd (Registered number: 10124412)

Balance Sheet - continued
30 April 2023


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 31 October 2023 and were signed on its behalf by:





L Tilbury - Director


Neater Heat Ltd (Registered number: 10124412)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Neater 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.
Plant and machinery - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on 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.

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.

Neater Heat Ltd (Registered number: 10124412)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022 66,046 - 2,715 68,761
Additions 1,400 26,700 2,861 30,961
Disposals (26,327 ) - - (26,327 )
At 30 April 2023 41,119 26,700 5,576 73,395
DEPRECIATION
At 1 May 2022 43,721 - 900 44,621
Charge for year 6,490 5,300 1,846 13,636
Eliminated on disposal (20,287 ) - - (20,287 )
At 30 April 2023 29,924 5,300 2,746 37,970
NET BOOK VALUE
At 30 April 2023 11,195 21,400 2,830 35,425
At 30 April 2022 22,325 - 1,815 24,140

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 60,397 71,344
Other debtors 5,125 7,776
65,522 79,120

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 21,918 24,343
Taxation and social security 40,051 44,399
Other creditors 34,903 28,915
102,428 103,213

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 35,185 40,741

Neater Heat Ltd (Registered number: 10124412)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.23 30.4.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,963 18,519

8. RELATED PARTY DISCLOSURES

Dividends are paid to the directors, Mr L Tilbury and Mrs S Tilbury, by virtue of their shareholding in the company.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L Tilbury.