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Company Registration No. 13587956 (England and Wales)
JP Young Heating Limited Unaudited accounts for the year ended 31 August 2024
JP Young Heating Limited Unaudited accounts Contents
Page
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JP Young Heating Limited Company Information for the year ended 31 August 2024
Director
Joseph Young
Company Number
13587956 (England and Wales)
Registered Office
19 Mengham Lane Hayling Island PO11 9JT England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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JP Young Heating Limited Accountants' report
Accountants' report to the director of JP Young Heating Limited on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JP Young Heating Limited for the year ended 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JP Young Heating Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JP Young Heating Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JP Young Heating Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JP Young Heating Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JP Young Heating Limited. You consider that JP Young Heating Limited 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 accounts of JP Young Heating Limited. 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 accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 20 November 2024
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JP Young Heating Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,960 
5,136 
Current assets
Debtors
101 
670 
Cash at bank and in hand
687 
8,882 
788 
9,552 
Creditors: amounts falling due within one year
(4,117)
(8,912)
Net current (liabilities)/assets
(3,329)
640 
Net (liabilities)/assets
(369)
5,776 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(379)
5,766 
Shareholders' funds
(369)
5,776 
For the year ending 31 August 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 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 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 and authorised for issue on 20 November 2024 and were signed on its behalf by
Joseph Young Director Company Registration No. 13587956
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JP Young Heating Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
JP Young Heating Limited is a private company, limited by shares, registered in England and Wales, registration number 13587956. The registered office is 19 Mengham Lane, Hayling Island, PO11 9JT, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% Straight line
Motor vehicles
25% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
794 
6,740 
2,057 
9,591 
Additions
- 
- 
399 
399 
At 31 August 2024
794 
6,740 
2,456 
9,990 
Depreciation
At 1 September 2023
159 
3,370 
926 
4,455 
Charge for the year
159 
1,685 
731 
2,575 
At 31 August 2024
318 
5,055 
1,657 
7,030 
Net book value
At 31 August 2024
476 
1,685 
799 
2,960 
At 31 August 2023
635 
3,370 
1,131 
5,136 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
101 
670 
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JP Young Heating Limited Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
508 
Taxes and social security
4,713 
7,133 
Other creditors
(1,416)
1,271 
Accruals
820 
- 
4,117 
8,912 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Joseph Young
Direcctor Loan Account
- 
(40,523)
(40,624)
101 
- 
(40,523)
(40,624)
101 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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