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REGISTERED NUMBER: 08432923 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

DYSONS HEATING LIMITED

DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DYSONS HEATING LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R Dyson
G Dyson





REGISTERED OFFICE: Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 08432923 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,701 63,692

CURRENT ASSETS
Stocks 24,000 24,000
Debtors 5 36,540 87,920
Cash at bank 12,156 12,856
72,696 124,776
CREDITORS
Amounts falling due within one year 6 100,077 126,466
NET CURRENT LIABILITIES (27,381 ) (1,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,320

62,002

CREDITORS
Amounts falling due after more than one year 7 (28,055 ) (48,919 )

PROVISIONS FOR LIABILITIES (12,926 ) (12,101 )
NET (LIABILITIES)/ASSETS (16,661 ) 982

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (16,663 ) 980
SHAREHOLDERS' FUNDS (16,661 ) 982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)

Balance Sheet - continued
30 April 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 13 September 2024 and were signed on its behalf by:





R Dyson - Director


DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Dysons Heating 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. 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 - 112,975 640 113,615
Additions 962 - - 962
At 30 April 2024 962 112,975 640 114,577
DEPRECIATION
At 1 May 2023 - 49,452 471 49,923
Charge for year 192 12,705 56 12,953
At 30 April 2024 192 62,157 527 62,876
NET BOOK VALUE
At 30 April 2024 770 50,818 113 51,701
At 30 April 2023 - 63,523 169 63,692

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023 87,973
Transfer to ownership (13,995 )
At 30 April 2024 73,978
DEPRECIATION
At 1 May 2023 31,142
Charge for year 10,239
Transfer to ownership (8,358 )
At 30 April 2024 33,023
NET BOOK VALUE
At 30 April 2024 40,955
At 30 April 2023 56,831

DYSONS HEATING LIMITED (REGISTERED NUMBER: 08432923)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 35,742 87,920
VAT 798 -
36,540 87,920

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,228 18,036
Hire purchase contracts 14,670 17,029
Trade creditors 1,800 300
Tax 68,118 64,941
Social security and other taxes 1,501 6,874
VAT - 2,700
Other creditors 1,780 1,869
Directors' current accounts 400 13,318
Accrued expenses 1,580 1,399
100,077 126,466

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 4,185 4,082
Bank loans - 2-5 years 707 4,892
Hire purchase contracts 23,163 39,945
28,055 48,919

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 37,833 56,974

The above liability is secured against the asset to which it relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary 1 2 2