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Company Registration No. SC317133 (Scotland)
Abercorn Heating Limited Unaudited accounts for the year ended 31 March 2025
Abercorn Heating Limited Unaudited accounts Contents
Page
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Abercorn Heating Limited Company Information for the year ended 31 March 2025
Directors
Paul Bryan Mark Brooks
Company Number
SC317133 (Scotland)
Registered Office
Unit 2 107 Abercorn Street Paisley PA3 4AT
Accountants
Clarity Accounting (Scotland) Ltd 234 West George Street Glasgow G2 4QY
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Abercorn Heating Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,699 
11,317 
Current assets
Inventories
42,000 
12,000 
Debtors
180,966 
298,522 
Cash at bank and in hand
28,737 
492 
251,703 
311,014 
Creditors: amounts falling due within one year
(244,363)
(318,553)
Net current assets/(liabilities)
7,340 
(7,539)
Total assets less current liabilities
10,039 
3,778 
Provisions for liabilities
Deferred tax
(2,829)
(2,829)
Net assets
7,210 
949 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
7,208 
947 
Shareholders' funds
7,210 
949 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 20 April 2025 and were signed on its behalf by
Mark Brooks Director Company Registration No. SC317133
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Abercorn Heating Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Abercorn Heating Limited is a private company, limited by shares, registered in Scotland, registration number SC317133. The registered office is Unit 2 107 Abercorn Street, Paisley, PA3 4AT.
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.
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 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
10% on cost
Motor vehicles
20% on cost
Computer equipment
25% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Abercorn Heating Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
9,030 
44,859 
21,213 
75,102 
Additions
- 
- 
1,560 
1,560 
At 31 March 2025
9,030 
44,859 
22,773 
76,662 
Depreciation
At 1 April 2024
8,135 
35,891 
19,759 
63,785 
Charge for the year
311 
8,972 
895 
10,178 
At 31 March 2025
8,446 
44,863 
20,654 
73,963 
Net book value
At 31 March 2025
584 
(4)
2,119 
2,699 
At 31 March 2024
895 
8,968 
1,454 
11,317 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
172,383 
291,795 
Accrued income and prepayments
8,578 
6,729 
Other debtors
5 
(2)
180,966 
298,522 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
27,850 
22,718 
Obligations under finance leases and hire purchase contracts
4,016 
24,703 
Trade creditors
178,751 
260,574 
Taxes and social security
30,770 
1,418 
Other creditors
2,976 
- 
Loans from directors
- 
9,140 
244,363 
318,553 
7
Average number of employees
During the year the average number of employees was 6 (2024: 7).
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