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REGISTERED NUMBER: 07303811 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

HEATING CONTROLS ONLINE LIMITED

HEATING CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEATING CONTROLS ONLINE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: M Moule





REGISTERED OFFICE: Unit 16 Meridian
Buckingway Business Park Anderson Road
Swavesey
Cambridge
Cambridgeshire
CB24 4AE





REGISTERED NUMBER: 07303811 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

HEATING CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 5,910 7,560
Investments 6 1,300 1,300
7,210 8,860

CURRENT ASSETS
Stocks 107,542 113,356
Debtors 7 30,580 13,953
Cash at bank and in hand 188,300 149,151
326,422 276,460
CREDITORS
Amounts falling due within one year 8 (51,763 ) (64,248 )
NET CURRENT ASSETS 274,659 212,212
TOTAL ASSETS LESS CURRENT LIABILITIES 281,869 221,072

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 281,868 221,071
SHAREHOLDERS' FUNDS 281,869 221,072

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)

BALANCE SHEET - continued
31 JULY 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2024 and were signed by:





M Moule - Director


HEATING CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Heating Controls Online Limited 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 (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of plumbing and heating parts and equipment, exclusive of value added tax. Turnover is recognised on fulfilment of contractual obligations or when the risks and rewards of ownership are deemed transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

HEATING CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2022 4,512 13,295 8,424 26,231
Additions - - 240 240
At 31 July 2023 4,512 13,295 8,664 26,471
DEPRECIATION
At 1 August 2022 3,402 7,686 7,583 18,671
Charge for year 278 1,402 210 1,890
At 31 July 2023 3,680 9,088 7,793 20,561
NET BOOK VALUE
At 31 July 2023 832 4,207 871 5,910
At 31 July 2022 1,110 5,609 841 7,560

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2022
and 31 July 2023 1,300
NET BOOK VALUE
At 31 July 2023 1,300
At 31 July 2022 1,300

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,072 11,869
Other debtors 2,508 2,084
30,580 13,953

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 25,845 39,603
Taxation and social security 22,517 18,911
Other creditors 3,401 5,734
51,763 64,248

HEATING CONTROLS ONLINE LIMITED (REGISTERED NUMBER: 07303811)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 12,600 12,600
Between one and five years 12,600 25,200
25,200 37,800

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary Ordin ary 1 1

11. RELATED PARTY DISCLOSURES

At the balance sheet date the director was owed £333 (2022: £755). The amount is repayable on demand, bears no interest and is disclosed within other creditors.