1 March 2022 false No description of principal activity Taxfiler 2023.10 13180126business:PrivateLimitedCompanyLtd2022-03-012023-02-28 131801262022-02-28 131801262022-03-012023-02-28 13180126business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 13180126business:FilletedAccounts2022-03-012023-02-28 131801262023-02-28 13180126business:Director12022-03-012023-02-28 13180126business:Director22022-03-012023-02-28 13180126business:RegisteredOffice2022-03-012023-02-28 131801262022-02-28 13180126core:WithinOneYear2023-02-28 13180126core:WithinOneYear2022-02-28 13180126core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13180126core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 13180126core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13180126core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 13180126core:PreviouslyStatedAmount2023-02-28 13180126core:PreviouslyStatedAmount2022-02-28 13180126business:SmallEntities2022-03-012023-02-28 13180126countries:EnglandWales2022-03-012023-02-28 13180126core:PlantMachinery2022-03-012023-02-28 13180126core:ComputerEquipment2022-03-012023-02-28 13180126core:PlantMachinery2022-02-28 13180126core:ComputerEquipment2022-02-28 13180126core:PlantMachinery2023-02-28 13180126core:ComputerEquipment2023-02-28 13180126business:OrdinaryShareClass12022-03-012023-02-28 13180126business:OrdinaryShareClass12021-02-042022-02-28 13180126business:Director112022-03-012023-02-28 13180126business:Director112022-02-28 13180126business:Director112023-02-28 13180126business:Director222022-03-012023-02-28 13180126business:Director222022-02-28 13180126business:Director222023-02-28 131801262021-02-042022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13180126 (England and Wales)
D.R. Heating Solutions Ltd Unaudited accounts for the year ended 28 February 2023
D.R. Heating Solutions Ltd Unaudited accounts Contents
Page
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D.R. Heating Solutions Ltd Company Information for the year ended 28 February 2023
Directors
Richard James Drew Downie
Company Number
13180126 (England and Wales)
Registered Office
MILLENNIUM HOUSE LONDON ROAD EAST GRINSTEAD WEST SUSSEX RH19 1QE ENGLAND
Accountants
M&T Accounting Limited 24 Great Lime Kilns Southwater Horsham West Sussex RH13 9JL
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D.R. Heating Solutions Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,852 
1,642 
Current assets
Debtors
24,502 
16,220 
Cash at bank and in hand
16,936 
38,351 
41,438 
54,571 
Creditors: amounts falling due within one year
(42,511)
(46,764)
Net current (liabilities)/assets
(1,073)
7,807 
Total assets less current liabilities
1,779 
9,449 
Provisions for liabilities
Deferred tax
(713)
(312)
Net assets
1,066 
9,137 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
966 
9,037 
Shareholders' funds
1,066 
9,137 
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Richard James Director Company Registration No. 13180126
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D.R. Heating Solutions Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
D.R. Heating Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13180126. The registered office is MILLENNIUM HOUSE, LONDON ROAD, EAST GRINSTEAD, WEST SUSSEX, RH19 1QE, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 Years straightline
Computer equipment
3 Years straightline
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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D.R. Heating Solutions Ltd Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
761 
1,249 
2,010 
Additions
2,119 
- 
2,119 
At 28 February 2023
2,880 
1,249 
4,129 
Depreciation
At 1 March 2022
21 
347 
368 
Charge for the year
493 
416 
909 
At 28 February 2023
514 
763 
1,277 
Net book value
At 28 February 2023
2,366 
486 
2,852 
At 28 February 2022
740 
902 
1,642 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,399 
15,872 
Accrued income and prepayments
1,343 
- 
Other debtors
6,760 
348 
24,502 
16,220 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
17,756 
17,606 
Taxes and social security
24,261 
26,299 
Other creditors
110 
- 
Loans from directors
- 
2,559 
Accruals
384 
300 
42,511 
46,764 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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D.R. Heating Solutions Ltd Notes to the Accounts for the year ended 28 February 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Richard James
Director's Loan
- 
1,163 
- 
1,163 
Drew Downie
Director's Loan
- 
1,088 
- 
1,088 
- 
2,251 
- 
2,251 
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).
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