IAN HINDE PLUMBING & HEATING LTD
Unaudited accounts
Contents
IAN HINDE PLUMBING & HEATING LTD
Company Information
for the year ended 31 December 2023
Company Number
SC682480 (Scotland)
Registered Office
29 MAXWELL GARDENS
HURLFORD
KILMARNOCK
KA1 5BY
SCOTLAND
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
IAN HINDE PLUMBING & HEATING LTD
Statement of financial position
as at 31 December 2023
Tangible assets
20,994
19,956
Cash at bank and in hand
22,578
15,654
Creditors: amounts falling due within one year
(27,766)
(23,482)
Net current liabilities
(2,373)
(4,682)
Total assets less current liabilities
18,621
15,274
Creditors: amounts falling due after more than one year
(9,028)
(14,277)
Called up share capital
100
100
Profit and loss account
9,493
897
Shareholders' funds
9,593
997
For the year ending 31 December 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 31 August 2024 and were signed on its behalf by
Ian Hinde
Director
Company Registration No. SC682480
IAN HINDE PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 31 December 2023
IAN HINDE PLUMBING & HEATING LTD is a private company, limited by shares, registered in Scotland, registration number SC682480. The registered office is 29 MAXWELL GARDENS, HURLFORD, KILMARNOCK, KA1 5BY, SCOTLAND.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
500
25,245
25,745
Additions
1,786
4,500
6,286
At 31 December 2023
2,286
29,745
32,031
At 1 January 2023
180
5,609
5,789
Charge for the year
421
4,827
5,248
At 31 December 2023
601
10,436
11,037
At 31 December 2023
1,685
19,309
20,994
At 31 December 2022
320
19,636
19,956
IAN HINDE PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,249
5,249
Trade creditors
5,707
1,932
Taxes and social security
8,548
806
Loans from directors
8,262
15,495
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
9,028
14,277
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).