IRIS Accounts Production v24.2.0.383 07257553 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072575532023-05-31072575532024-05-31072575532023-06-012024-05-31072575532022-05-31072575532022-06-012023-05-31072575532023-05-3107257553ns15:EnglandWales2023-06-012024-05-3107257553ns14:PoundSterling2023-06-012024-05-3107257553ns10:Director12023-06-012024-05-3107257553ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3107257553ns10:SmallEntities2023-06-012024-05-3107257553ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3107257553ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3107257553ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3107257553ns10:FullAccounts2023-06-012024-05-3107257553ns10:Director22023-06-012024-05-3107257553ns10:CompanySecretary12023-06-012024-05-3107257553ns10:RegisteredOffice2023-06-012024-05-3107257553ns5:CurrentFinancialInstruments2024-05-3107257553ns5:CurrentFinancialInstruments2023-05-3107257553ns5:ShareCapital2024-05-3107257553ns5:ShareCapital2023-05-3107257553ns5:RetainedEarningsAccumulatedLosses2024-05-3107257553ns5:RetainedEarningsAccumulatedLosses2023-05-3107257553ns5:PlantMachinery2023-06-012024-05-3107257553ns5:MotorVehicles2023-06-012024-05-3107257553ns5:PlantMachinery2023-05-3107257553ns5:MotorVehicles2023-05-3107257553ns5:PlantMachinery2024-05-3107257553ns5:MotorVehicles2024-05-3107257553ns5:PlantMachinery2023-05-3107257553ns5:MotorVehicles2023-05-3107257553ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3107257553ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3107257553ns5:RetainedEarningsAccumulatedLosses2023-05-3107257553ns5:RetainedEarningsAccumulatedLosses2023-06-012024-05-31
REGISTERED NUMBER: 07257553 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Westlands Heating Limited

Westlands Heating Limited (Registered number: 07257553)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Westlands Heating Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: H J Fytche
K Board





SECRETARY: K Board





REGISTERED OFFICE: 287-291 Cleethorpe Road
Grimsby
N E Lincolnshire
DN31 3BH





REGISTERED NUMBER: 07257553 (England and Wales)

Westlands Heating Limited (Registered number: 07257553)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,252 30,863

CURRENT ASSETS
Stocks 79,314 30,640
Debtors 5 22,208 133,729
Cash at bank and in hand 46,161 67,371
147,683 231,740
CREDITORS
Amounts falling due within one year 6 105,991 85,093
NET CURRENT ASSETS 41,692 146,647
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,944

177,510

PROVISIONS FOR LIABILITIES 7,758 3,879
NET ASSETS 72,186 173,631

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 72,184 173,629
SHAREHOLDERS' FUNDS 72,186 173,631

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

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

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 14 September 2024 and were signed on its behalf by:





H J Fytche - Director


Westlands Heating Limited (Registered number: 07257553)

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

1. STATUTORY INFORMATION

Westlands 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.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 15 (2023 - 16 ) .

Westlands Heating Limited (Registered number: 07257553)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 42,751 6,000 48,751
Additions 29,426 - 29,426
Disposals (28,067 ) - (28,067 )
At 31 May 2024 44,110 6,000 50,110
DEPRECIATION
At 1 June 2023 17,238 650 17,888
Charge for year 6,799 1,070 7,869
Eliminated on disposal (13,899 ) - (13,899 )
At 31 May 2024 10,138 1,720 11,858
NET BOOK VALUE
At 31 May 2024 33,972 4,280 38,252
At 31 May 2023 25,513 5,350 30,863

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 13,390 129,199
Directors' loan accounts - 2,048
Tax 8,818 -
Prepayments - 2,482
22,208 133,729

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 37,289 41,699
Tax - 8,818
Social security and other taxes 7,615 5,257
NEST pension creditor 399 -
VAT 35,724 20,708
Other creditors 20,099 3,454
Directors' loan accounts 3,265 3,657
Accrued expenses 1,600 1,500
105,991 85,093

7. RESERVES
Retained
earnings
£   

At 1 June 2023 173,629
Deficit for the year (100,445 )
Dividends (1,000 )
At 31 May 2024 72,184

8. CONTINGENT LIABILITIES

As far as the directors are aware they have not entered into any contracts which could give rise to a contingent liability.

Westlands Heating Limited (Registered number: 07257553)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31st May 2024, the company owes K Board £3,215 & H Fytche £ 50, these amounts being shown as directors loan account in the creditors due within one year note to the accounts.

During the year an interim dividend of £1,000 was issued, this being equally attributable to the directors.

10. ULTIMATE CONTROLLING PARTY

For the whole of the period the company was effectively under the equal control of H.J. Fytche and K. Board both directors and shareholders of the company.