Company Registration No. 12739145 (England and Wales)
Altered Carbon Heating and Cooling Ltd
Unaudited accounts
for the year ended 31 July 2023
Altered Carbon Heating and Cooling Ltd
Unaudited accounts
Contents
Altered Carbon Heating and Cooling Ltd
Company Information
for the year ended 31 July 2023
Company Number
12739145 (England and Wales)
Registered Office
6 Rotten Row
Riseley
Bedford
MK44 1EJ
England
Accountants
Jameson Accounting Services
87 Hillesden Avenue
Elstow
Bedford
Bedfordshire
MK42 9AJ
Altered Carbon Heating and Cooling Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
5,718
6,887
Cash at bank and in hand
1,145
1,650
Creditors: amounts falling due within one year
(1,606)
(1,614)
Net current (liabilities)/assets
(5)
2,113
Total assets less current liabilities
5,713
9,000
Creditors: amounts falling due after more than one year
(3,503)
(4,996)
Provisions for liabilities
Deferred tax
(1,087)
(1,309)
Called up share capital
2
2
Profit and loss account
1,121
2,693
Shareholders' funds
1,123
2,695
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 12 March 2024 and were signed on its behalf by
Susan Mullineaux
Director
Company Registration No. 12739145
Altered Carbon Heating and Cooling Ltd
Notes to the Accounts
for the year ended 31 July 2023
Altered Carbon Heating and Cooling Ltd is a private company, limited by shares, registered in England and Wales, registration number 12739145. The registered office is 6 Rotten Row, Riseley , Bedford, MK44 1EJ, 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.
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.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
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
over 4-5 years
Motor vehicles
over 5 years
Computer equipment
over 4 years
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.
Altered Carbon Heating and Cooling Ltd
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
2,647
5,625
-
8,272
At 31 July 2023
3,067
5,625
349
9,041
At 1 August 2022
72
1,313
-
1,385
Charge for the year
750
1,125
63
1,938
At 31 July 2023
822
2,438
63
3,323
At 31 July 2023
2,245
3,187
286
5,718
At 31 July 2022
2,575
4,312
-
6,887
Amounts falling due within one year
Accrued income and prepayments
286
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
389
Loans from directors
386
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
3,503
4,996
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).