R E WEST HEATING & PLUMBING LIMITED

Company Registration Number:
11839936 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

R E WEST HEATING & PLUMBING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

R E WEST HEATING & PLUMBING LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 18,119 6,349
Total fixed assets: 18,119 6,349
Current assets
Debtors:   18,905 9,535
Cash at bank and in hand: 8,343 11,580
Total current assets: 27,248 21,115
Creditors: amounts falling due within one year:   (28,236) (24,201)
Net current assets (liabilities): (988) (3,086)
Total assets less current liabilities: 17,131 3,263
Creditors: amounts falling due after more than one year: 4 (8,861) (15,174)
Total net assets (liabilities): 8,270 (11,911)
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 8,070 (12,111)
Shareholders funds: 8,270 (11,911)

The notes form part of these financial statements

R E WEST HEATING & PLUMBING LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: M West
Status: Director

The notes form part of these financial statements

R E WEST HEATING & PLUMBING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:Asset classDepreciation method and rateMotor Vehicles 25% reducing balanceComputer Equipment 20% reducing balance

R E WEST HEATING & PLUMBING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

R E WEST HEATING & PLUMBING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 12,202
Additions 14,667
At 28 February 2023 26,869
Depreciation
At 01 March 2022 5,853
Charge for year 2,897
At 28 February 2023 8,750
Net book value
At 28 February 2023 18,119
At 28 February 2022 6,349

R E WEST HEATING & PLUMBING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due after more than one year note

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

R E WEST HEATING & PLUMBING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Loans to directors

Name of director receiving advance or credit: M West
Description of the loan: Directors Loan
£
Balance at 01 March 2022 0
Advances or credits made: 3,000
Balance at 28 February 2023 3,000

During the year, the company advanced an unsecured loan of £3,000 to M West, a director of the company. The loan is interest free and has no fixed date for repayment.