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REGISTERED NUMBER: 05322436 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Gas Servwell (Charnwood) Limited

Gas Servwell (Charnwood) Limited (Registered number: 05322436)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gas Servwell (Charnwood) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R M Butler
Mrs J S Butler





REGISTERED OFFICE: 85a Station Road
Cropston
Leicester
Leicestershire
LE7 7HG





REGISTERED NUMBER: 05322436 (England and Wales)





ACCOUNTANTS: Byte Accounting Ltd
4, New Humberstone House
40 Thurmaston Lane
Leicester
LE5 0TE

Gas Servwell (Charnwood) Limited (Registered number: 05322436)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,112 22,768

CURRENT ASSETS
Debtors 5 6,468 15,037
Cash at bank 41,721 95,616
48,189 110,653
CREDITORS
Amounts falling due within one year 6 22,267 43,075
NET CURRENT ASSETS 25,922 67,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,034

90,346

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 42,934 90,246
43,034 90,346

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

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

The directors acknowledge their 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.

Gas Servwell (Charnwood) Limited (Registered number: 05322436)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:





R M Butler - Director


Gas Servwell (Charnwood) Limited (Registered number: 05322436)

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

1. STATUTORY INFORMATION

Gas Servwell (Charnwood) 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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.

Gas Servwell (Charnwood) Limited (Registered number: 05322436)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 4,583 38,690 1,107 44,380
DEPRECIATION
At 1 April 2023 2,230 18,179 1,203 21,612
Charge for year 624 5,128 (96 ) 5,656
At 31 March 2024 2,854 23,307 1,107 27,268
NET BOOK VALUE
At 31 March 2024 1,729 15,383 - 17,112
At 31 March 2023 2,353 20,511 (96 ) 22,768

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,367 3,964
Directors' current accounts - 9,922
Deferred tax asset 5 5
Prepayments 3,096 1,146
6,468 15,037

Gas Servwell (Charnwood) Limited (Registered number: 05322436)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 17,594 16,915
Tax (1,414 ) 17,694
Social security and other taxes (592 ) 1,486
Pension Control 253 -
VAT 6,055 5,314
Other creditors - 1,016
Directors' current accounts 371 -
Accrued expenses - 650
22,267 43,075

7. RESERVES
Retained
earnings
£   

At 1 April 2023 90,246
Deficit for the year (14,312 )
Dividends (33,000 )
At 31 March 2024 42,934