Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302022-05-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06192790 2022-05-01 2023-04-30 06192790 2021-05-01 2022-04-30 06192790 2023-04-30 06192790 2022-04-30 06192790 c:Director1 2022-05-01 2023-04-30 06192790 d:PlantMachinery 2022-05-01 2023-04-30 06192790 d:PlantMachinery 2023-04-30 06192790 d:PlantMachinery 2022-04-30 06192790 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 06192790 d:MotorVehicles 2022-05-01 2023-04-30 06192790 d:MotorVehicles 2023-04-30 06192790 d:MotorVehicles 2022-04-30 06192790 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 06192790 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 06192790 d:CurrentFinancialInstruments 2023-04-30 06192790 d:CurrentFinancialInstruments 2022-04-30 06192790 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 06192790 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 06192790 d:ShareCapital 2023-04-30 06192790 d:ShareCapital 2022-04-30 06192790 d:RetainedEarningsAccumulatedLosses 2023-04-30 06192790 d:RetainedEarningsAccumulatedLosses 2022-04-30 06192790 c:FRS102 2022-05-01 2023-04-30 06192790 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 06192790 c:FullAccounts 2022-05-01 2023-04-30 06192790 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 06192790









ID HEATING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
ID HEATING LIMITED
REGISTERED NUMBER: 06192790

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,937
3,875

  
2,937
3,875

Current assets
  

Stocks
  
5,421
6,805

Debtors: amounts falling due within one year
 5 
135
-

Cash at bank and in hand
 6 
8,504
20,311

  
14,060
27,116

Creditors: amounts falling due within one year
 7 
(90,068)
(89,448)

Net current liabilities
  
 
 
(76,008)
 
 
(62,332)

Total assets less current liabilities
  
(73,071)
(58,457)

  

Net liabilities
  
(73,071)
(58,457)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(73,171)
(58,557)

  
(73,071)
(58,457)


Page 1

 
ID HEATING LIMITED
REGISTERED NUMBER: 06192790
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 statements.

The financial statements 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 statements 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 comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
E. I. Davenport
Director

Date: 27 October 2023

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

Page 2

 
ID HEATING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

ID Heating Limited is a private company limited by shares, registered in the United Kingdom number 06192790. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP.
The principal activity of the company continued to be that of a plumbing, heating & air conditioning iinstaller.

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
ID HEATING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.4

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.

 
2.5

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 & machinery
-
15%
Straight Line
Motor vehicles
-
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.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
ID HEATING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.


3.


Employees

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

Page 5

 
ID HEATING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 May 2022
319
15,000
15,319



At 30 April 2023

319
15,000
15,319



Depreciation


At 1 May 2022
4
11,440
11,444


Charge for the year on owned assets
48
890
938



At 30 April 2023

52
12,330
12,382



Net book value



At 30 April 2023
267
2,670
2,937



At 30 April 2022
315
3,560
3,875


5.


Debtors

2023
2022
£
£


Other debtors
135
-

135
-



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
8,504
20,312

8,504
20,312


Page 6

 
ID HEATING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
192
192

Other taxation and social security
-
1,890

Other creditors
87,813
85,511

Accruals and deferred income
2,063
1,855

90,068
89,448


 
Page 7