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REGISTERED NUMBER: 08496767 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Cheviot Heat & Power Ltd

Cheviot Heat & Power Ltd (Registered number: 08496767)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Cheviot Heat & Power Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr P Barton
Mrs J Barton





REGISTERED OFFICE: The Old Coach House Main Street
Netherton
Netherton
NE65 7HE





REGISTERED NUMBER: 08496767 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Cheviot Heat & Power Ltd (Registered number: 08496767)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - 216
Tangible assets 5 127,826 117,010
127,826 117,226

CURRENT ASSETS
Stocks 6 1,500 9,307
Debtors 7 17,475 10,516
Cash at bank and in hand 126,286 166,410
145,261 186,233
CREDITORS
Amounts falling due within one year 8 12,552 34,636
NET CURRENT ASSETS 132,709 151,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

260,535

268,823

CREDITORS
Amounts falling due after more than
one year

9

5,333

10,333
NET ASSETS 255,202 258,490

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 255,201 258,489
SHAREHOLDERS' FUNDS 255,202 258,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Cheviot Heat & Power Ltd (Registered number: 08496767)

Balance Sheet - continued
30 April 2024


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 1 November 2024 and were signed on its behalf by:





Mr P Barton - Director


Cheviot Heat & Power Ltd (Registered number: 08496767)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Cheviot Heat & Power 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of five years.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 15% on reducing balance

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

Taxation
Taxation for the year comprises current 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 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.

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.

Cheviot Heat & Power Ltd (Registered number: 08496767)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Website
development
£
COST
At 1 May 2023
and 30 April 2024 2,160
AMORTISATION
At 1 May 2023 1,944
Amortisation for year 216
At 30 April 2024 2,160
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 216

5. TANGIBLE FIXED ASSETS
Long Plant and Motor Office
leasehold machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 May 2023 80,000 27,027 47,323 3,102 157,452
Additions - - 37,417 491 37,908
Disposals - - (29,250 ) - (29,250 )
At 30 April 2024 80,000 27,027 55,490 3,593 166,110
DEPRECIATION
At 1 May 2023 - 9,758 29,029 1,655 40,442
Charge for year - 2,590 10,500 291 13,381
Eliminated on disposal - - (15,539 ) - (15,539 )
At 30 April 2024 - 12,348 23,990 1,946 38,284
NET BOOK VALUE
At 30 April 2024 80,000 14,679 31,500 1,647 127,826
At 30 April 2023 80,000 17,269 18,294 1,447 117,010

Included in cost of land and buildings is freehold land of £ 83,722 (2023 - £ 83,722 ) which is not depreciated.

Cheviot Heat & Power Ltd (Registered number: 08496767)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. STOCKS
30.4.24 30.4.23
£ £
Stocks 1,500 9,307

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 1,650 9,410
Corporation tax 6,156 -
Social security and other tax - 9
Directors' loan accounts 7,984 1,097
Prepayments 1,685 -
17,475 10,516

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Bank loans 5,500 5,500
Trade creditors 487 11,485
Corporation tax - 6,157
Social security and other taxes 109 -
VAT 4,207 9,231
Net Wages 1,069 1,083
Accrued expenses 1,180 1,180
12,552 34,636

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£ £
Bank loans 5,333 10,333

Cheviot Heat & Power Ltd (Registered number: 08496767)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£ £
Mr P Barton
Balance outstanding at start of year 1,097 (1,821 )
Amounts advanced 7,987 5,697
Amounts repaid (1,100 ) (2,779 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,984 1,097

Cheviot Heat & Power Ltd

Report of the Accountants to the Directors of
Cheviot Heat & Power Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages one to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


1 November 2024