Company Registration No. 12920752 (England and Wales)
HPS Heating & Cooling Ltd
Unaudited accounts
for the year ended 31 October 2023
HPS Heating & Cooling Ltd
Unaudited accounts
Contents
HPS Heating & Cooling Ltd
Company Information
for the year ended 31 October 2023
Company Number
12920752 (England and Wales)
Registered Office
4 HAWTHORNE STREET
SILSDEN
KEIGHLEY
BD20 0AU
ENGLAND
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
HPS Heating & Cooling Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
13,070
19,663
Cash at bank and in hand
43,597
5,295
Creditors: amounts falling due within one year
(70,816)
(12,443)
Net current assets
16,383
12,341
Total assets less current liabilities
29,453
32,004
Creditors: amounts falling due after more than one year
-
(13,549)
Called up share capital
1
1
Profit and loss account
29,452
18,454
Shareholders' funds
29,453
18,455
For the year ending 31 October 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 his 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 30 July 2024 and were signed on its behalf by
Joseph Happs
Director
Company Registration No. 12920752
HPS Heating & Cooling Ltd
Notes to the Accounts
for the year ended 31 October 2023
HPS Heating & Cooling Ltd is a private company, limited by shares, registered in England and Wales, registration number 12920752. The registered office is 4 HAWTHORNE STREET, SILSDEN, KEIGHLEY, BD20 0AU, 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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
3 years
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,709
23,000
1,247
25,956
At 31 October 2023
1,709
23,000
1,247
25,956
At 1 November 2022
548
5,166
579
6,293
Charge for the year
427
5,750
416
6,593
At 31 October 2023
975
10,916
995
12,886
At 31 October 2023
734
12,084
252
13,070
At 31 October 2022
1,161
17,834
668
19,663
HPS Heating & Cooling Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
43,602
19,489
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,758
5,318
Taxes and social security
12,976
-
Loans from directors
38,927
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
13,549
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).