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REGISTERED NUMBER: 11725242 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

R & JC Heat Ltd

R & JC Heat Ltd (Registered number: 11725242)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


R & JC Heat Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J S Clough
A R Clough





REGISTERED OFFICE: Far Leys Farm
Ollerton Road
Tuxford
Newark
Nottinghamshire
NG22 0PG





REGISTERED NUMBER: 11725242 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R & JC Heat Ltd

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R & JC Heat Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R & JC Heat Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R & JC Heat Ltd and state those matters that we have agreed to state to the Board of Directors of R & JC Heat Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R & JC Heat Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R & JC Heat Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R & JC Heat Ltd. You consider that R & JC Heat Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R & JC Heat Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Chancery Court
34 West Street
Retford
Nottinghamshire
DN22 6ES


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

R & JC Heat Ltd (Registered number: 11725242)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,754,199 1,903,444

CURRENT ASSETS
Debtors 5 56,220 119,739
Cash at bank 188,984 169,404
245,204 289,143
CREDITORS
Amounts falling due within one year 6 461,937 438,999
NET CURRENT LIABILITIES (216,733 ) (149,856 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,537,466

1,753,588

CREDITORS
Amounts falling due after more than one
year

7

(846,563

)

(1,267,412

)

PROVISIONS FOR LIABILITIES (42,108 ) (40,570 )
NET ASSETS 648,795 445,606

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 648,695 445,506
SHAREHOLDERS' FUNDS 648,795 445,606

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 29 April 2024 and were signed on its behalf by:





J S Clough - Director


R & JC Heat Ltd (Registered number: 11725242)

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

1. STATUTORY INFORMATION

R & JC Heat 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.

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.

At 31 December 2023, the company had net current liabilities of £216,733 (2022: £149,856). Despite this, the accounts are prepared on a going concern basis as the directors will continue to support the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and Buildings - Straight line over 25 years
Plant and machinery - straight line over 15 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.

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.

3. EMPLOYEES AND DIRECTORS

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

R & JC Heat Ltd (Registered number: 11725242)

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

4. TANGIBLE FIXED ASSETS
Land and Plant and
Buildings machinery Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 132,730 2,159,016 2,291,746
DEPRECIATION
At 1 January 2023 11,617 376,685 388,302
Charge for year 5,310 143,935 149,245
At 31 December 2023 16,927 520,620 537,547
NET BOOK VALUE
At 31 December 2023 115,803 1,638,396 1,754,199
At 31 December 2022 121,113 1,782,331 1,903,444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 49,913 112,057
Other debtors 6,307 7,682
56,220 119,739

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 306,150 306,150
Trade creditors 29,556 17,645
Taxation and social security 76,829 52,445
Other creditors 49,402 62,759
461,937 438,999

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 783,268 1,187,444
Other creditors 63,295 79,968
846,563 1,267,412

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100