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Company Registration No. 11239396 (England and Wales)
Kas Heating and Plumbing Limited Unaudited accounts for the year ended 31 March 2024
Kas Heating and Plumbing Limited Unaudited accounts Contents
Page
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Kas Heating and Plumbing Limited Company Information for the year ended 31 March 2024
Director
Kaspars Fjodorovs
Company Number
11239396 (England and Wales)
Registered Office
Timsons Business Centre Albert (Pha) Office 2 Bath Road Kettering NN16 8NQ
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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Kas Heating and Plumbing Limited Accountants' report
Accountants' report to the director of Kas Heating and Plumbing Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Kas Heating and Plumbing Limited for the year ended 31 March 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Kas Heating and Plumbing Limited, as a body, in accordance with the terms of our engagement letter dated 8 March 2018. Our work has been undertaken solely to prepare for your approval the accounts of Kas Heating and Plumbing Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kas Heating and Plumbing Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Kas Heating and Plumbing Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Kas Heating and Plumbing Limited. You consider that Kas Heating and Plumbing Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kas Heating and Plumbing Limited. For this reason, we have not verified the 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 accounts.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 25 October 2024
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Kas Heating and Plumbing Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,154 
6,726 
Current assets
Inventories
250 
750 
Debtors
980 
10,631 
Cash at bank and in hand
555 
2,656 
1,785 
14,037 
Creditors: amounts falling due within one year
(20,165)
(11,749)
Net current (liabilities)/assets
(18,380)
2,288 
Total assets less current liabilities
7,774 
9,014 
Creditors: amounts falling due after more than one year
(29,567)
(8,863)
Provisions for liabilities
Deferred tax
(6,538)
(1,278)
Net liabilities
(28,331)
(1,127)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(28,333)
(1,129)
Shareholders' funds
(28,331)
(1,127)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2024 and were signed on its behalf by
Kaspars Fjodorovs Director Company Registration No. 11239396
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Kas Heating and Plumbing Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Kas Heating and Plumbing Limited is a private company, limited by shares, registered in England and Wales, registration number 11239396. The registered office is Timsons Business Centre , Albert (Pha) Office 2, Bath Road, Kettering, NN16 8NQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% RB
Motor vehicles
20% RB
Computer equipment
33% SL
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Kas Heating and Plumbing Limited Notes to the Accounts for the year ended 31 March 2024
Going concern
The director has confirmed that he will continue to give financial support to the company until such time as its position improves. The director considers that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support was withdrawn.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
2,972 
12,224 
1,072 
16,268 
Additions
- 
33,790 
- 
33,790 
At 31 March 2024
2,972 
46,014 
1,072 
50,058 
Depreciation
At 1 April 2023
2,150 
6,737 
655 
9,542 
Charge for the year
272 
7,822 
208 
8,302 
Surplus on revaluation
- 
6,060 
- 
6,060 
At 31 March 2024
2,422 
20,619 
863 
23,904 
Net book value
At 31 March 2024
550 
25,395 
209 
26,154 
At 31 March 2023
822 
5,487 
417 
6,726 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
19,505 
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
980 
10,631 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,768 
4,045 
VAT
6,333 
1,264 
Obligations under finance leases and hire purchase contracts
4,338 
- 
Trade creditors
- 
5,000 
Taxes and social security
3 
1,440 
Other creditors
104 
- 
Loans from directors
1,619 
- 
20,165 
11,749 
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Kas Heating and Plumbing Limited Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,138 
8,863 
Obligations under finance leases and hire purchase contracts
21,429 
- 
29,567 
8,863 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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