Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-312022-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09376598 2022-02-01 2023-01-31 09376598 2021-02-01 2022-01-31 09376598 2023-01-31 09376598 2022-01-31 09376598 c:Director1 2022-02-01 2023-01-31 09376598 d:PlantMachinery 2022-02-01 2023-01-31 09376598 d:PlantMachinery 2023-01-31 09376598 d:PlantMachinery 2022-01-31 09376598 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09376598 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-02-01 2023-01-31 09376598 d:MotorVehicles 2022-02-01 2023-01-31 09376598 d:MotorVehicles 2023-01-31 09376598 d:MotorVehicles 2022-01-31 09376598 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09376598 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-02-01 2023-01-31 09376598 d:OfficeEquipment 2022-02-01 2023-01-31 09376598 d:OfficeEquipment 2023-01-31 09376598 d:OfficeEquipment 2022-01-31 09376598 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09376598 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2022-02-01 2023-01-31 09376598 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 09376598 d:LeasedAssetsHeldAsLessee 2022-02-01 2023-01-31 09376598 d:CurrentFinancialInstruments 2023-01-31 09376598 d:CurrentFinancialInstruments 2022-01-31 09376598 d:Non-currentFinancialInstruments 2023-01-31 09376598 d:Non-currentFinancialInstruments 2022-01-31 09376598 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09376598 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 09376598 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 09376598 d:Non-currentFinancialInstruments d:AfterOneYear 2022-01-31 09376598 d:ShareCapital 2023-01-31 09376598 d:ShareCapital 2022-01-31 09376598 d:RetainedEarningsAccumulatedLosses 2023-01-31 09376598 d:RetainedEarningsAccumulatedLosses 2022-01-31 09376598 c:FRS102 2022-02-01 2023-01-31 09376598 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 09376598 c:FullAccounts 2022-02-01 2023-01-31 09376598 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 09376598 2 2022-02-01 2023-01-31 09376598 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-01-31 09376598 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-01-31 09376598 d:LeasedAssetsHeldAsLessee 2023-01-31 09376598 d:LeasedAssetsHeldAsLessee 2022-01-31 iso4217:GBP xbrli:pure

Registered number: 09376598










WIMBLEDON HEATING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
WIMBLEDON HEATING LTD
REGISTERED NUMBER: 09376598

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,650
2,621

  
14,650
2,621

Current assets
  

Debtors: amounts falling due within one year
 5 
16,895
21,645

Cash at bank and in hand
  
2,446
1,582

  
19,341
23,227

Creditors: amounts falling due within one year
 6 
(28,504)
(18,534)

Net current (liabilities)/assets
  
 
 
(9,163)
 
 
4,693

Total assets less current liabilities
  
5,487
7,314

Creditors: amounts falling due after more than one year
 7 
(26,410)
(13,357)

  

Net liabilities
  
(20,923)
(6,043)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(20,924)
(6,044)

  
(20,923)
(6,043)


Page 1

 
WIMBLEDON HEATING LTD
REGISTERED NUMBER: 09376598
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statement.

The financial statement have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statement have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statement were approved and authorised for issue by the board and were signed on its behalf on 1 November 2023.






M Soulsby
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
WIMBLEDON HEATING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Wimbledon Heating Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is 1A Pitt Crescent, Wimbledon, London, SW19 8HT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the year end the company had net liabilities of £20,923. The director will continue to support the company.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
WIMBLEDON HEATING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
WIMBLEDON HEATING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.13

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
WIMBLEDON HEATING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2022
2,672
6,589
3,021
12,282


Additions
-
14,394
356
14,750


Disposals
-
(6,589)
-
(6,589)



At 31 January 2023

2,672
14,394
3,377
20,443



Depreciation


At 1 February 2022
2,126
5,466
2,069
9,661


Charge for the year on owned assets
137
-
260
397


Charge for the year on financed assets
-
1,200
-
1,200


Disposals
-
(5,465)
-
(5,465)



At 31 January 2023

2,263
1,201
2,329
5,793



Net book value



At 31 January 2023
409
13,193
1,048
14,650



At 31 January 2022
546
1,123
952
2,621

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
13,193
-

13,193
-

Page 6

 
WIMBLEDON HEATING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
385
300

Other debtors
14,454
20,049

Prepayments and accrued income
1,508
748

Deferred taxation
548
548

16,895
21,645



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,717
3,976

Trade creditors
3,756
2,160

Obligations under finance lease and hire purchase contracts
1,867
-

Other creditors
15,364
10,798

Accruals and deferred income
1,800
1,600

28,504
18,534



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
16,833
13,357

Net obligations under finance leases and hire purchase contracts
9,577
-


 
Page 7