Registered number: 10804413 | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
Prepared By: | ||||||||
Bernard Walsh and Co | ||||||||
Certified Public Accountants | ||||||||
5 Elm Lane | ||||||||
Charlton Down | ||||||||
Dorset | ||||||||
DT2 9FB |
Heritage Heating and Plumbing Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10804413 | ||||||||
ACCOUNTANTS | ||||||||
Bernard Walsh and Co | ||||||||
Certified Public Accountants | ||||||||
5 Elm Lane | ||||||||
Charlton Down | ||||||||
Dorset | ||||||||
DT2 9FB |
Heritage Heating and Plumbing Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/10/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Heritage Heating and Plumbing Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Current Asset Investments | 6 | |||||||||
Cash at bank and in hand | ||||||||||
53,255 | 40,671 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (7,751) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 36,968 | 23,807 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Difference on accounts | (2,200) | (2,200) | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Heritage Heating and Plumbing Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 15% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 33% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1e. Dividends On Shares Presented Within Shareholders Funds | ||||||||
Dividends unpaid at the balance sheet date are only recognised as a liability at that date to the extent that they are appropriately authorised and are no longer at the discretion of the Company Unpaid dividends that do not meet these criteria are disclosed in the notes to the financial statements. |
Heritage Heating and Plumbing Ltd | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Commercial | Fixtures | ||||||
Machinery | Vehicles | and Fittings | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/11/2022 | 3,049 | 36,364 | 760 | 40,173 | ||||
At 31/10/2023 | 3,049 | 36,364 | 760 | 40,173 | ||||
Depreciation | ||||||||
At 01/11/2022 | 1,283 | 9,000 | 530 | 10,813 | ||||
For the year | 265 | 3,000 | 76 | 3,341 | ||||
At 31/10/2023 | 1,548 | 12,000 | 606 | 14,154 | ||||
Net Book Amounts | ||||||||
At 31/10/2023 | 26,019 | |||||||
At 31/10/2022 | 29,360 | |||||||
4. STOCK | 2023 | 2022 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 7,873 | 16,683 | ||||||
Salaries and wages control | 36 | - | ||||||
Prepayments | 200 | 250 | ||||||
Directors current account | 16,313 | 9,309 | ||||||
Directors current account | 16,313 | - | ||||||
Other provisions | 2,200 | 2,200 | ||||||
42,935 | 28,442 | |||||||
Heritage Heating and Plumbing Ltd | ||||||||
6. CURRENT ASSET INVESTMENTS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Other investments | 4,425 | 6,300 | ||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 5,933 | 9,699 | ||||||
VAT | 3,135 | 5,375 | ||||||
Salaries and wages control | - | 37 | ||||||
Bank Loan | 28,400 | 31,320 | ||||||
Loans | - | 160 | ||||||
Loans | - | 1,750 | ||||||
Trade creditors | 6,955 | - | ||||||
Other creditors | 81 | 81 | ||||||
44,504 | 48,422 | |||||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Other provisions | (2,200) | (2,200) | ||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||