Company Registration No. 06843722 (England and Wales)
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 March 2024
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Unaudited accounts
Contents
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Patrizia Lowes
David Edward Lowes
Company Number
06843722 (England and Wales)
Registered Office
148 Loughborough Road
Hathern
Leicestershire
LE12 5JB
United Kingdom
Accountants
121 Local Accounting Ltd
Unit 15, Whitwick Business Centre
Stenson Road
Coalville
Leicestershire
LE67 4JP
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
6,664
23,836
Investment property
220,000
220,000
Cash at bank and in hand
113,168
132,812
Creditors: amounts falling due within one year
(83,941)
(113,622)
Net current assets
44,527
47,179
Total assets less current liabilities
271,191
291,015
Provisions for liabilities
Deferred tax
(20,087)
(20,087)
Net assets
251,104
270,928
Called up share capital
100
100
Revaluation reserve
81,887
81,887
Profit and loss account
169,117
188,941
Shareholders' funds
251,104
270,928
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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
David Edward Lowes
Director
Company Registration No. 06843722
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ELECTRICAL AND HEATING SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06843722. The registered office is 148 Loughborough Road, Hathern, Leicestershire, LE12 5JB, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
20% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
15% on reducing balance
ELECTRICAL AND HEATING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
1,800
29,100
4,255
35,155
Disposals
-
(15,600)
-
(15,600)
At 31 March 2024
1,800
13,500
4,405
19,705
At 1 April 2023
180
9,496
1,643
11,319
Charge for the year
324
1,001
397
1,722
At 31 March 2024
504
10,497
2,040
13,041
At 31 March 2024
1,296
3,003
2,365
6,664
At 31 March 2023
1,620
19,604
2,612
23,836
Fair value at 1 April 2023
220,000
Amounts falling due within one year
Trade debtors
10,701
19,661
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,064
4,254
Other creditors
5,000
3,500
Loans from directors
69,744
104,467
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).