Company registration number SC586316 (Scotland)
THERMAL CONTRACTS (INDUSTRIAL) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
THERMAL CONTRACTS (INDUSTRIAL) LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
THERMAL CONTRACTS (INDUSTRIAL) LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF THERMAL CONTRACTS (INDUSTRIAL) LTD
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thermal Contracts (Industrial) Ltd for the year ended 29 February 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the board of directors of Thermal Contracts (Industrial) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Thermal Contracts (Industrial) Ltd and state those matters that we have agreed to state to the board of directors of Thermal Contracts (Industrial) Ltd, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thermal Contracts (Industrial) Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Thermal Contracts (Industrial) Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Thermal Contracts (Industrial) Ltd 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 financial statements of Thermal Contracts (Industrial) Ltd. 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 financial statements.

MMG Chartered Accountants
Chartered Accountants
Chapelshade House
78-84 Bell Street
Dundee
DD1 1RQ
Scotland
20 February 2025
THERMAL CONTRACTS (INDUSTRIAL) LTD
BALANCE SHEET
AS AT 29 FEBRUARY 2024
29 February 2024
- 2 -
29 February 2024
28 February 2023
£
£
£
£
Fixed assets
77,074
39,642
Current assets
138,392
168,292
Creditors: amounts falling due within one year
(150,467)
(172,984)
Net current liabilities
(12,075)
(4,692)
Total assets less current liabilities
64,999
34,950
Creditors: amounts falling due after more than one year
(62,495)
(34,122)
Net assets
2,504
828
Capital and reserves
2,504
828
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
8
10

Thermal Contracts (Industrial) Ltd is a private company limited by shares incorporated in Scotland. The registered office is The Workshop, West Inchmichael Farm, Errol, Perthshire, Scotland, PH2 7RS.

For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

THERMAL CONTRACTS (INDUSTRIAL) LTD
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024
29 February 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 20 February 2025
Mr E MacDougall
Director
Company registration number SC586316 (Scotland)
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