IRIS Accounts Production v24.3.0.553 13116700 director 1.2.23 31.1.24 31.1.24 false true false false true false ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131167002023-01-31131167002024-01-31131167002023-02-012024-01-31131167002022-01-31131167002022-02-012023-01-31131167002023-01-3113116700ns15:EnglandWales2023-02-012024-01-3113116700ns14:PoundSterling2023-02-012024-01-3113116700ns10:Director12023-02-012024-01-3113116700ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113116700ns10:SmallEntities2023-02-012024-01-3113116700ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113116700ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113116700ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113116700ns10:FullAccounts2023-02-012024-01-3113116700ns10:OrdinaryShareClass12023-02-012024-01-3113116700ns10:RegisteredOffice2023-02-012024-01-3113116700ns5:CurrentFinancialInstruments2024-01-3113116700ns5:CurrentFinancialInstruments2023-01-3113116700ns5:ShareCapital2024-01-3113116700ns5:ShareCapital2023-01-3113116700ns5:RetainedEarningsAccumulatedLosses2024-01-3113116700ns5:RetainedEarningsAccumulatedLosses2023-01-3113116700ns5:PlantMachinery2023-02-012024-01-3113116700ns5:MotorVehicles2023-02-012024-01-3113116700ns5:PlantMachinery2023-01-3113116700ns5:PlantMachinery2024-01-3113116700ns5:PlantMachinery2023-01-3113116700ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113116700ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3113116700ns10:OrdinaryShareClass12024-01-31
REGISTERED NUMBER: 13116700 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ADVANCED HEATING & GAS LTD

ADVANCED HEATING & GAS LTD (REGISTERED NUMBER: 13116700)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ADVANCED HEATING & GAS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr T M Tyrimos





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 13116700 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ADVANCED HEATING & GAS LTD (REGISTERED NUMBER: 13116700)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,427 17,016

CURRENT ASSETS
Debtors 5 13,861 5,375
Cash at bank 7,004 2,001
20,865 7,376
CREDITORS
Amounts falling due within one year 6 27,195 23,683
NET CURRENT LIABILITIES (6,330 ) (16,307 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,097

709

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 5,096 708
SHAREHOLDERS' FUNDS 5,097 709

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





Mr T M Tyrimos - Director


ADVANCED HEATING & GAS LTD (REGISTERED NUMBER: 13116700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Advanced Heating & Gas 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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 2 (2023 - 1 ) .

ADVANCED HEATING & GAS LTD (REGISTERED NUMBER: 13116700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 21,270
Additions 867
Disposals (3,545 )
At 31 January 2024 18,592
DEPRECIATION
At 1 February 2023 4,254
Charge for year 2,911
At 31 January 2024 7,165
NET BOOK VALUE
At 31 January 2024 11,427
At 31 January 2023 17,016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 8,947 3,245
Other debtors - 1,390
VAT 4,899 -
Prepayments 15 740
13,861 5,375

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 5,369 -
Tax 499 1,249
Social security and other taxes 37 6
Other creditors 19,749 21,250
Directors' current accounts 341 218
Accrued expenses 1,200 960
27,195 23,683

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 ordinary shares 1 1 1