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REGISTERED NUMBER: 00985058 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

A.B.W.HEATING LIMITED

A.B.W.HEATING LIMITED (Registered number: 00985058)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A.B.W.HEATING LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D Inch





SECRETARY:





REGISTERED OFFICE:





REGISTERED NUMBER: 00985058 (England and Wales)





ACCOUNTANTS: Kate Haynes Ltd
129 Woodlands Road
Little Bookham
Leatherhead
Surrey
KT23 4HN

A.B.W.HEATING LIMITED (Registered number: 00985058)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Stocks 9,500 49,015
Debtors 6 20,846 41,269
Cash at bank 47,160 79,920
77,506 170,204
CREDITORS
Amounts falling due within one year 7 123,212 44,654
NET CURRENT (LIABILITIES)/ASSETS (45,706 ) 125,550
TOTAL ASSETS LESS CURRENT
LIABILITIES

(45,706

)

125,550

CAPITAL AND RESERVES
Called up share capital 8 40 2,000
Capital redemption reserve 9 (14,995 ) -
Retained earnings 9 (30,751 ) 123,550
SHAREHOLDERS' FUNDS (45,706 ) 125,550

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

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

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 8 October 2024 and were signed on its behalf by:



D Inch - Director


A.B.W.HEATING LIMITED (Registered number: 00985058)

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

1. STATUTORY INFORMATION

A.B.W.HEATING LIMITED 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.

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 and deferred 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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

A.B.W.HEATING LIMITED (Registered number: 00985058)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 25,000
AMORTISATION
At 1 July 2023
and 30 June 2024 25,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 July 2023 4,285
Disposals (4,285 )
At 30 June 2024 -
DEPRECIATION
At 1 July 2023 4,285
Eliminated on disposal (4,285 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 9,346 24,066
Other debtors 11,500 15,500
Tax - 1,703
20,846 41,269

A.B.W.HEATING LIMITED (Registered number: 00985058)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 12,315 23,224
Social security and other taxes 13,872 20,273
Other creditors 46,747 1,157
Directors' current accounts 50,000 -
Accrued expenses 278 -
123,212 44,654

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
40 Ordinary £1 40 2,000
(30.6.23 - 2,000 )

9. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 July 2023 123,550 - 123,550
Deficit for the year (154,301 ) (154,301 )
Purchase of own shares - (14,995 ) (14,995 )
At 30 June 2024 (30,751 ) (14,995 ) (45,746 )

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30.6.24 30.6.23
£    £   
M Alexander
Balance outstanding at start of year 9,000 8,000
Amounts advanced - 2,500
Amounts repaid (4,000 ) (1,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,000 9,000

11. ULTIMATE CONTROLLING PARTY

The controlling party is D Inch.