IRIS Accounts Production v24.2.0.383 11775213 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117752132023-01-31117752132024-01-31117752132023-02-012024-01-31117752132022-01-31117752132022-02-012023-01-31117752132023-01-3111775213ns15:EnglandWales2023-02-012024-01-3111775213ns14:PoundSterling2023-02-012024-01-3111775213ns10:Director12023-02-012024-01-3111775213ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3111775213ns10:SmallEntities2023-02-012024-01-3111775213ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3111775213ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3111775213ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3111775213ns10:FullAccounts2023-02-012024-01-3111775213ns10:Director22023-02-012024-01-3111775213ns10:RegisteredOffice2023-02-012024-01-3111775213ns5:CurrentFinancialInstruments2024-01-3111775213ns5:CurrentFinancialInstruments2023-01-3111775213ns5:Non-currentFinancialInstruments2024-01-3111775213ns5:Non-currentFinancialInstruments2023-01-3111775213ns5:ShareCapital2024-01-3111775213ns5:ShareCapital2023-01-3111775213ns5:RetainedEarningsAccumulatedLosses2024-01-3111775213ns5:RetainedEarningsAccumulatedLosses2023-01-3111775213ns5:PlantMachinery2023-01-3111775213ns5:FurnitureFittings2023-01-3111775213ns5:MotorVehicles2023-01-3111775213ns5:ComputerEquipment2023-01-3111775213ns5:PlantMachinery2023-02-012024-01-3111775213ns5:FurnitureFittings2023-02-012024-01-3111775213ns5:MotorVehicles2023-02-012024-01-3111775213ns5:ComputerEquipment2023-02-012024-01-3111775213ns5:PlantMachinery2024-01-3111775213ns5:FurnitureFittings2024-01-3111775213ns5:MotorVehicles2024-01-3111775213ns5:ComputerEquipment2024-01-3111775213ns5:PlantMachinery2023-01-3111775213ns5:FurnitureFittings2023-01-3111775213ns5:MotorVehicles2023-01-3111775213ns5:ComputerEquipment2023-01-3111775213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3111775213ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 11775213 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Piping Hot Stoves & Fires Ltd

Piping Hot Stoves & Fires Ltd (Registered number: 11775213)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Piping Hot Stoves & Fires Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: D A Buttery
E Buttery





REGISTERED OFFICE: 7 Mandale Retail Park
Portrack Lane
Stockton on Tees
Cleveland
TS18 2LX





REGISTERED NUMBER: 11775213 (England and Wales)





ACCOUNTANTS: Wasley Chapman LLP
Chartered Accountants
7 Eggleston Court
Riverside Park
Middlesbrough
TS2 1RU

Piping Hot Stoves & Fires Ltd (Registered number: 11775213)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 273,040 177,367

CURRENT ASSETS
Stocks 102,368 41,257
Debtors 5 103,041 248,397
Cash at bank and in hand 244,289 461,462
449,698 751,116
CREDITORS
Amounts falling due within one year 6 239,874 420,040
NET CURRENT ASSETS 209,824 331,076
TOTAL ASSETS LESS CURRENT
LIABILITIES

482,864

508,443

CREDITORS
Amounts falling due after more than one
year

7

85,671

52,232
NET ASSETS 397,193 456,211

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 397,093 456,111
397,193 456,211

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Piping Hot Stoves & Fires Ltd (Registered number: 11775213)

Balance Sheet - continued
31 January 2024


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 9 August 2024 and were signed on its behalf by:





E Buttery - Director


Piping Hot Stoves & Fires Ltd (Registered number: 11775213)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Piping Hot Stoves & Fires 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.

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.

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

Piping Hot Stoves & Fires Ltd (Registered number: 11775213)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 37,926 68,790 196,076 7,071 309,863
Additions 6,431 43,349 125,069 - 174,849
At 31 January 2024 44,357 112,139 321,145 7,071 484,712
DEPRECIATION
At 1 February 2023 20,054 32,607 77,136 2,699 132,496
Charge for year 6,076 19,692 51,951 1,457 79,176
At 31 January 2024 26,130 52,299 129,087 4,156 211,672
NET BOOK VALUE
At 31 January 2024 18,227 59,840 192,058 2,915 273,040
At 31 January 2023 17,872 36,183 118,940 4,372 177,367

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 95,295 240,953
Other debtors 7,746 7,444
103,041 248,397

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 23,947 17,269
Trade creditors 139,555 232,374
Taxation and social security (1,300 ) 81,056
Other creditors 67,672 79,341
239,874 420,040

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,333 23,333
Hire purchase contracts 72,338 28,899
85,671 52,232