BrightAccountsProduction v1.0.0 v1.0.0 2023-05-01 The company was not dormant during the period The company was trading for the entire period The prinicpal activity is that of plumbing. 29 October 2024 1 1 NI629290 2024-04-30 NI629290 2023-04-30 NI629290 2022-04-30 NI629290 2023-05-01 2024-04-30 NI629290 2022-05-01 2023-04-30 NI629290 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI629290 uk-curr:PoundSterling 2023-05-01 2024-04-30 NI629290 uk-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI629290 uk-bus:FullAccounts 2023-05-01 2024-04-30 NI629290 uk-bus:Director1 2023-05-01 2024-04-30 NI629290 uk-bus:Agent1 2023-05-01 2024-04-30 NI629290 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 NI629290 uk-core:ShareCapital 2024-04-30 NI629290 uk-core:ShareCapital 2023-04-30 NI629290 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI629290 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI629290 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI629290 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI629290 uk-bus:FRS102 2023-05-01 2024-04-30 NI629290 uk-core:CurrentFinancialInstruments 2024-04-30 NI629290 uk-core:CurrentFinancialInstruments 2023-04-30 NI629290 uk-core:WithinOneYear 2024-04-30 NI629290 uk-core:WithinOneYear 2023-04-30 NI629290 uk-core:WithinOneYear 2024-04-30 NI629290 uk-core:WithinOneYear 2023-04-30 NI629290 uk-core:AfterOneYear 2024-04-30 NI629290 uk-core:AfterOneYear 2023-04-30 NI629290 uk-core:BetweenOneTwoYears 2024-04-30 NI629290 uk-core:BetweenOneTwoYears 2023-04-30 NI629290 uk-core:BetweenTwoFiveYears 2024-04-30 NI629290 uk-core:BetweenTwoFiveYears 2023-04-30 NI629290 2023-05-01 2024-04-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Heaney Heating Plumbing Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 April 2024



Heaney Heating Plumbing Limited
DIRECTOR AND OTHER INFORMATION

 
Director Paul Heaney
 
 
Company Registration Number NI629290
 
 
Business Address 15 Burnview Drive
Belfast
BT8 8DD
Northern Ireland
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
 
 
Bankers Barclays Bank PLC
  17 Castle Place
  Belfast
  BT1 1EL
  Northern Ireland



Heaney Heating Plumbing Limited

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Heaney Heating Plumbing Limited
for the financial year ended 30 April 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 April 2024 as set out on pages  to 10 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Heaney Heating Plumbing Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 30 April 2024 your duty to ensure that Heaney Heating Plumbing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Heaney Heating Plumbing Limited. You consider that Heaney Heating Plumbing Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Heaney Heating Plumbing Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
 
29 October 2024



Heaney Heating Plumbing Limited
Company Registration Number: NI629290
STATEMENT OF FINANCIAL POSITION
as at 30 April 2024

2024 2023
Notes £ £
 
Current Assets
Receivables 4 58,697 39,543
Cash and cash equivalents 545 21,973
───────── ─────────
59,242 61,516
───────── ─────────
Payables: amounts falling due within one year 5 (10,220) (14,025)
───────── ─────────
Net Current Assets 49,022 47,491
───────── ─────────
Total Assets less Current Liabilities 49,022 47,491
 
Payables:
amounts falling due after more than one year 6 (4,803) (9,081)
───────── ─────────
Net Assets 44,219 38,410
═════════ ═════════
 
Equity
Called up share capital 100 100
Retained earnings 44,119 38,310
───────── ─────────
Equity attributable to owners of the company 44,219 38,410
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 29 October 2024
           
           
________________________________          
Paul Heaney          
Director          
           



Heaney Heating Plumbing Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 April 2024

   
1. General Information
 
Heaney Heating Plumbing Limited is a company limited by shares incorporated in Northern Ireland. 15 Burnview Drive, Carryduff, Belfast, Northern Ireland, BT8 8DD is the registered office, which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 April 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2023 - 1).
 
  2024 2023
  Number Number
 
Director 1 1
  ═════════ ═════════
       
4. Receivables 2024 2023
  £ £
 
Trade receivables 390 280
Other debtors 58,267 39,038
Taxation  (Note 7) - 185
Prepayments and accrued income 40 40
  ───────── ─────────
  58,697 39,543
  ═════════ ═════════
       
5. Payables 2024 2023
Amounts falling due within one year £ £
 
Bank loan 4,275 4,170
Taxation  (Note 7) 4,725 8,752
Director's current account 270 153
Accruals 950 950
  ───────── ─────────
  10,220 14,025
  ═════════ ═════════
       
6. Payables 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan 4,803 9,081
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 5) 4,275 4,170
Repayable between one and two years 4,274 4,169
Repayable between two and five years 529 4,912
  ───────── ─────────
  9,078 13,251
  ═════════ ═════════
 
       
7. Taxation 2024 2023
  £ £
 
Receivables:
PAYE / NI - 185
  ═════════ ═════════
Payables:
Corporation tax 4,696 8,752
PAYE / NI 29 -
  ───────── ─────────
  4,725 8,752
  ═════════ ═════════
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 April 2024.
           
9. Related party transactions
 
Heaney Heating Plumbing Limited is connected to Heaney Heating Limited. Whilst both companies do not share the same ownership, they are each owned by members of the same family. At 1 May 2023, Heaney Heating Limited owed Heaney Heating Plumbing Limited £19,248. During the year ended 30 April 2023, net transactions to Heaney Heating Limited amounted to £39,019. This resulted in an amount of £58,267 owed from Heaney Heating Limited at 30 April 2024.
This amount is included within Other Debtors.

As above Heaney Heating Plumbing Limited is also connected to Heaney Heating Services (NI) Limited due to family ownership. At 1 May 2023, Heaney Heating Services (NI) Limited owed Heaney Heating Plumbing Limited £19,790. During the year Heaney Heating Plumbing Limited net transactions to Heaney Heating Services (NI) Limited amounted to £19,790. An amount of £nil was therefore due from Heaney Heating Services (NI) Limited at 30 April 2024.
This amount is included within Other Debtors.

The above loans are interest free and repayable on demand
   
10. Director's advances, credits and guarantees
 
At 1 May 2023 the Director was owed £153 by Heaney Heating Plumbing Limited.  Net transactions between the company and the Director totalled £117 resulting in an amount of £270 owed by Heaney Heating Plumbing Limited at 30 April 2024. This loan is interest free and repayable on demand.
   
11. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.