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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
Page
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H5 Air Conditioning Services Limited Company Information for the year ended 31 March 2023
Director
Richard Easton
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
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H5 Air Conditioning Services Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,534 
61,060 
Current assets
Inventories
31,956 
3,588 
Debtors
248,335 
288,215 
Cash at bank and in hand
254,493 
162,399 
534,784 
454,202 
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 
Capital and reserves
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
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H5 Air Conditioning Services Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 March 2023
1,924 
113,500 
1,110 
116,534 
At 31 March 2022
2,566 
58,494 
- 
61,060 
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H5 Air Conditioning Services Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
12,531 
12,637 
Trade debtors
205,127 
153,415 
Accrued income and prepayments
4,918 
2,639 
Other debtors
25,759 
119,524 
248,335 
288,215 
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 
Other creditors
5,293 
562 
Loans from directors
375 
(42)
Accruals
12,328 
750 
82,770 
124,723 
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).
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