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REGISTERED NUMBER: 08310105 (England and Wales)















BSB Heating Limited

Unaudited Financial Statements

for the year ended

31 March 2023






BSB Heating Limited (Registered number: 08310105)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


BSB Heating Limited

Company Information
for the year ended 31 March 2023







DIRECTOR: Mr B Lovegrove





REGISTERED OFFICE: 28 Elmwood Drive
West Mersea
Colchester
Essex
CO5 8RD





REGISTERED NUMBER: 08310105 (England and Wales)

BSB Heating Limited (Registered number: 08310105)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 6,789 5,777

CURRENT ASSETS
Debtors 5 2,174 1,445
Cash at bank 8,549 20,776
10,723 22,221
CREDITORS
Amounts falling due within one year 6 (11,262 ) (10,321 )
NET CURRENT (LIABILITIES)/ASSETS (539 ) 11,900
TOTAL ASSETS LESS CURRENT LIABILITIES 6,250 17,677

CREDITORS
Amounts falling due after more than one year 7 (4,916 ) (7,849 )

PROVISIONS FOR LIABILITIES (1,290 ) (1,097 )
NET ASSETS 44 8,731

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 43 8,730
44 8,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 13 November 2023 and were signed by:





Mr B Lovegrove - Director


BSB Heating Limited (Registered number: 08310105)

Notes to the Financial Statements
for the year ended 31 March 2023


1. STATUTORY INFORMATION

BSB Heating Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Depreciation
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
Computer equipment - 15% on reducing balance

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 1 (2022 - 1 ) .

BSB Heating Limited (Registered number: 08310105)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2022 10,618 361 10,979
Additions 3,834 159 3,993
At 31 March 2023 14,452 520 14,972
DEPRECIATION
At 1 April 2022 4,981 221 5,202
Charge for year 2,933 48 2,981
At 31 March 2023 7,914 269 8,183
NET BOOK VALUE
At 31 March 2023 6,538 251 6,789
At 31 March 2022 5,637 140 5,777

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,320 1,025
Other debtors 854 420
2,174 1,445

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,430 3,600
Trade creditors 2,184 766
Taxation and social security 3,532 4,880
Other creditors 2,116 1,075
11,262 10,321

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 4,916 7,849