Registered number
11363566
Moores Heating Limited
Filleted Accounts
31 March 2024
Moores Heating Limited
Registered number: 11363566
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 448 234
Current assets
Debtors 4 9,161 5,215
Cash at bank and in hand 3,221 4,708
12,382 9,923
Creditors: amounts falling due within one year 5 (6,527) (7,185)
Net current assets 5,855 2,738
Net assets 6,303 2,972
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,203 2,872
Shareholders' funds 6,303 2,972
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Wendy Moore
Director
Approved by the board on 5 October 2024
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 390
Additions 365
At 31 March 2024 755
Depreciation
At 1 April 2023 156
Charge for the year 151
At 31 March 2024 307
Net book value
At 31 March 2024 448
At 31 March 2023 234
4 Debtors 2024 2023
£ £
Trade debtors 9,161 5,215
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 4,556 4,911
Taxation and social security costs 1,200 1,164
Other creditors 771 1,110
6,527 7,185
6 Other information
Moores Heating Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Brinsea Road
Congresbury
North Somerset
BS49 5JF
Moores Heating Limited 11363566 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Wendy Moore No description of principal activity 11363566 2022-04-01 2023-03-31 11363566 core:WithinOneYear 2023-03-31 11363566 core:ShareCapital 2023-03-31 11363566 core:RetainedEarningsAccumulatedLosses 2023-03-31 11363566 2023-04-01 2024-03-31 11363566 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11363566 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11363566 bus:Director40 2023-04-01 2024-03-31 11363566 1 2023-04-01 2024-03-31 11363566 2 2023-04-01 2024-03-31 11363566 core:PlantMachinery 2023-04-01 2024-03-31 11363566 countries:England 2023-04-01 2024-03-31 11363566 bus:FRS102 2023-04-01 2024-03-31 11363566 bus:FilletedAccounts 2023-04-01 2024-03-31 11363566 2024-03-31 11363566 core:WithinOneYear 2024-03-31 11363566 core:ShareCapital 2024-03-31 11363566 core:RetainedEarningsAccumulatedLosses 2024-03-31 11363566 core:PlantMachinery 2024-03-31 11363566 2023-03-31 11363566 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure