Company Registration No. SC626089 (Scotland)
H5 Air Conditioning Services Limited
Unaudited accounts
for the year ended 31 March 2023
H5 Air Conditioning Services Limited
Unaudited accounts
Contents
H5 Air Conditioning Services Limited
Company Information
for the year ended 31 March 2023
Company Number
SC626089 (Scotland)
Registered Office
17 Bellwood Place
Penicuik
EH26 0GF
UK
Accountants
GR Thomson & Co LTD
EH20 Business Centre
6 Dryden Road
Loanhead
Midlothian
EH20 9LZ
H5 Air Conditioning Services Limited
Statement of financial position
as at 31 March 2023
Tangible assets
116,534
61,060
Cash at bank and in hand
254,493
162,399
Creditors: amounts falling due within one year
(82,770)
(124,723)
Net current assets
452,014
329,479
Total assets less current liabilities
568,548
390,539
Creditors: amounts falling due after more than one year
(26,029)
(23,139)
Net assets
542,519
367,400
Called up share capital
1
1
Profit and loss account
542,518
367,399
Shareholders' funds
542,519
367,400
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2023 and were signed on its behalf by
Richard Easton
Director
Company Registration No. SC626089
H5 Air Conditioning Services Limited
Notes to the Accounts
for the year ended 31 March 2023
H5 Air Conditioning Services Limited is a private company, limited by shares, registered in Scotland, registration number SC626089. The registered office is 17 Bellwood Place, Penicuik, EH26 0GF, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
3,908
79,474
-
83,382
Additions
-
76,411
1,410
77,821
Disposals
-
(14,998)
-
(14,998)
At 31 March 2023
3,908
140,887
1,410
146,205
At 1 April 2022
1,342
20,980
-
22,322
Charge for the year
642
16,615
300
17,557
On disposals
-
(10,208)
-
(10,208)
At 31 March 2023
1,984
27,387
300
29,671
At 31 March 2023
1,924
113,500
1,110
116,534
At 31 March 2022
2,566
58,494
-
61,060
H5 Air Conditioning Services Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
205,127
153,415
Accrued income and prepayments
4,918
2,639
Other debtors
25,759
119,524
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,637
11,175
Taxes and social security
40,137
112,278
Loans from directors
375
(42)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
26,029
23,139
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).