WARM FRONT LIMITED

Company Registration Number:
05585984 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

WARM FRONT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

WARM FRONT LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 129,435 161,795
Total fixed assets: 129,435 161,795
Current assets
Stocks: 566,887 491,371
Debtors:   663,027 563,383
Cash at bank and in hand: 6,983 5,393
Total current assets: 1,236,897 1,060,147
Creditors: amounts falling due within one year:   (556,530) (328,088)
Net current assets (liabilities): 680,367 732,059
Total assets less current liabilities: 809,802 893,854
Creditors: amounts falling due after more than one year:   (180,094) (298,224)
Provision for liabilities: (6,876) (14,157)
Total net assets (liabilities): 622,832 581,473
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 622,732 581,373
Shareholders funds: 622,832 581,473

The notes form part of these financial statements

WARM FRONT LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: A M Walton
Status: Director

The notes form part of these financial statements

WARM FRONT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts invoiced by the company in respect of sales and services provided during the year, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life. The annual depreciation rates used on a reducing balance basis are as follows:- Plant and equipment 20%, Motor vehicles 20%, Fixtures and fittings 20%, Office equipment 20%.

Valuation and information policy

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

WARM FRONT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 33 35

WARM FRONT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 664,152
At 31 October 2023 664,152
Depreciation
At 01 November 2022 502,357
Charge for year 32,360
At 31 October 2023 534,717
Net book value
At 31 October 2023 129,435
At 31 October 2022 161,795