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REGISTERED NUMBER: 11364957 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Essex Commercial Heating Limited

Essex Commercial Heating Limited (Registered number: 11364957)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Essex Commercial Heating Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M J Tavner





REGISTERED OFFICE: Star House
95 High Road
Benfleet
Essex
SS7 5LN





REGISTERED NUMBER: 11364957 (England and Wales)





ACCOUNTANTS: Orion Business Consultancy
Star House
95 High Road
Benfleet
Essex
SS7 5LN

Essex Commercial Heating Limited (Registered number: 11364957)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,103 11,346

CURRENT ASSETS
Debtors 5 15,328 15,607
Cash at bank 30,166 53,399
45,494 69,006
CREDITORS
Amounts falling due within one year 6 25,773 29,607
NET CURRENT ASSETS 19,721 39,399
TOTAL ASSETS LESS CURRENT LIABILITIES 59,824 50,745

CREDITORS
Amounts falling due after more than one year 7 (24,322 ) (13,728 )

PROVISIONS FOR LIABILITIES (4,456 ) -
NET ASSETS 31,046 37,017

CAPITAL AND RESERVES
Called up share capital 204 204
Retained earnings 30,842 36,813
31,046 37,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 February 2025 and were signed by:





M J Tavner - Director


Essex Commercial Heating Limited (Registered number: 11364957)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Essex Commercial 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 4 (2023 - 4 ) .

Essex Commercial Heating Limited (Registered number: 11364957)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 32,495
Additions 48,881
Disposals (20,771 )
At 31 May 2024 60,605
DEPRECIATION
At 1 June 2023 21,149
Charge for year 13,552
Eliminated on disposal (14,199 )
At 31 May 2024 20,502
NET BOOK VALUE
At 31 May 2024 40,103
At 31 May 2023 11,346

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2023 20,771
Additions 29,888
At 31 May 2024 50,659
DEPRECIATION
At 1 June 2023 14,199
Charge for year 7,472
Eliminated on disposal (14,199 )
At 31 May 2024 7,472
NET BOOK VALUE
At 31 May 2024 43,187
At 31 May 2023 6,572

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 15,328 15,607

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 3,042 3,969
Trade creditors 6,651 2,856
Taxation and social security 10,830 21,909
Other creditors 5,250 873
25,773 29,607

Essex Commercial Heating Limited (Registered number: 11364957)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 8,000 12,000
Hire purchase contracts 16,322 1,728
24,322 13,728