BROWNLOW HEAT TRANSFER LIMITED

Company Registration Number:
NI041271 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

BROWNLOW HEAT TRANSFER LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

BROWNLOW HEAT TRANSFER LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 316,039 296,847
Investments: 4 135,000 135,000
Total fixed assets: 451,039 431,847
Current assets
Stocks: 118,288 104,172
Debtors:   187,330 109,461
Cash at bank and in hand: 580,109 610,243
Total current assets: 885,727 823,876
Creditors: amounts falling due within one year:   (386,904) (326,820)
Net current assets (liabilities): 498,823 497,056
Total assets less current liabilities: 949,862 928,903
Provision for liabilities: (14,759) (8,373)
Total net assets (liabilities): 935,103 920,530
Capital and reserves
Called up share capital: 76 76
Profit and loss account: 935,027 920,454
Shareholders funds: 935,103 920,530

The notes form part of these financial statements

BROWNLOW HEAT TRANSFER LIMITED

Balance sheet statements

For the year ending 30 September 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 11 January 2024
and signed on behalf of the board by:

Name: Colm Nash
Status: Director

The notes form part of these financial statements

BROWNLOW HEAT TRANSFER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 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

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:Land and buildings freehold 2% Straight LineFixtures, fittings and equipment 15% Straight LineMotor vehicles 25% Straight LineThe carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

BROWNLOW HEAT TRANSFER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 6 5

BROWNLOW HEAT TRANSFER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 436,867
Additions 49,607
Disposals (15,895)
At 30 September 2023 470,579
Depreciation
At 01 October 2022 140,020
Charge for year 30,415
On disposals (15,895)
At 30 September 2023 154,540
Net book value
At 30 September 2023 316,039
At 30 September 2022 296,847

BROWNLOW HEAT TRANSFER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Fixed investments

Investment property held to generate income.