Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC590165 Mr Frederick Boyd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC590165 2023-03-31 SC590165 2024-03-31 SC590165 2023-04-01 2024-03-31 SC590165 frs-core:CurrentFinancialInstruments 2024-03-31 SC590165 frs-core:Non-currentFinancialInstruments 2024-03-31 SC590165 frs-core:FurnitureFittings 2024-03-31 SC590165 frs-core:FurnitureFittings 2023-04-01 2024-03-31 SC590165 frs-core:FurnitureFittings 2023-03-31 SC590165 frs-core:MotorVehicles 2024-03-31 SC590165 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC590165 frs-core:MotorVehicles 2023-03-31 SC590165 frs-core:ShareCapital 2024-03-31 SC590165 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC590165 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC590165 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC590165 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC590165 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC590165 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC590165 frs-bus:Director1 2023-04-01 2024-03-31 SC590165 frs-countries:Scotland 2023-04-01 2024-03-31 SC590165 2022-03-31 SC590165 2023-03-31 SC590165 2022-04-01 2023-03-31 SC590165 frs-core:CurrentFinancialInstruments 2023-03-31 SC590165 frs-core:Non-currentFinancialInstruments 2023-03-31 SC590165 frs-core:ShareCapital 2023-03-31 SC590165 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC590165
Central Heating Gas Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Almond Valley Accounting Limited
CIMA
Suite 14 Ellismuir House Ellismuir Way
Uddingston
Glasgow
G71 5PW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC590165
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,807 8,819
7,807 8,819
CURRENT ASSETS
Debtors 5 2,885 2,576
Cash at bank and in hand 1,544 2,851
4,429 5,427
Creditors: Amounts Falling Due Within One Year 6 (10,641 ) (9,451 )
NET CURRENT ASSETS (LIABILITIES) (6,212 ) (4,024 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,595 4,795
Creditors: Amounts Falling Due After More Than One Year 7 - (4,500 )
NET ASSETS 1,595 295
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,495 195
SHAREHOLDERS' FUNDS 1,595 295
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Frederick Boyd
Director
12/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Central Heating Gas Services Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC590165 . The registered office is Suite 14, Ellismuir House, Ellismuir Way, Tannochside, G71 5PW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 10,995 - 10,995
Additions - 507 507
As at 31 March 2024 10,995 507 11,502
Depreciation
As at 1 April 2023 2,176 - 2,176
Provided during the period 1,503 16 1,519
As at 31 March 2024 3,679 16 3,695
Net Book Value
As at 31 March 2024 7,316 491 7,807
As at 1 April 2023 8,819 - 8,819
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,885 730
Corporation tax recoverable assets - 1,846
2,885 2,576
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,500 2,000
Corporation tax 618 -
Other taxes and social security 101 708
Net wages 910 -
Other creditors 2 1
Director's loan account 4,510 6,742
10,641 9,451
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 4,500
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4