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REGISTERED NUMBER: 11480971 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Heating Ventilation and Cooling Rental
Ltd

Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Heating Ventilation and Cooling Rental
Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J R Steiger





REGISTERED OFFICE: HVAC Rental
Lower Assendon
Henley on Thames
Berkshire
RG9 6AN





REGISTERED NUMBER: 11480971 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 330,583 -

CURRENT ASSETS
Debtors 5 72,215 286
Cash at bank 89,482 423
161,697 709
CREDITORS
Amounts falling due within one year 6 112,869 793
NET CURRENT ASSETS/(LIABILITIES) 48,828 (84 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,411

(84

)

CREDITORS
Amounts falling due after more than one
year

7

(300,000

)

-

PROVISIONS FOR LIABILITIES (19,790 ) -
NET ASSETS/(LIABILITIES) 59,621 (84 )

CAPITAL AND RESERVES
Called up share capital 8 2 1
Retained earnings 59,619 (85 )
SHAREHOLDERS' FUNDS 59,621 (84 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





J R Steiger - Director


Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Heating Ventilation and Cooling Rental Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents invoiced sales of services, excluding value added tax. Turnover is recognised when the service is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 5 years
Plant and machinery - Depreciated on cost over 2 - 10 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
Additions 3,961 360,799 364,760
Disposals - (10,422 ) (10,422 )
At 31 December 2023 3,961 350,377 354,338
DEPRECIATION
Charge for year 402 23,518 23,920
Eliminated on disposal - (165 ) (165 )
At 31 December 2023 402 23,353 23,755
NET BOOK VALUE
At 31 December 2023 3,559 327,024 330,583

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 57,360 -
Other debtors 14,855 286
72,215 286

Heating Ventilation and Cooling Rental
Ltd (Registered number: 11480971)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2 -
Trade creditors 46,615 -
Other creditors 66,252 793
112,869 793

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 300,000 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 300,000 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 1

1 Ordinary share of £1 was issued during the year for cash of £ 1 .

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2023 and the period ended 31 December 2022:

31.12.23 31.12.22
£    £   
J R Steiger
Balance outstanding at start of year (493 ) (48 )
Amounts advanced 360 -
Amounts repaid - (445 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (133 ) (493 )

At the balance sheet date the company owed the director £133 (2022: £493).

Heating Ventilation and Cooling Rental
Ltd

Report of the Accountants to the Director of
Heating Ventilation and Cooling Rental
Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................