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Company Registration No. 05960175 (England and Wales)
Waesch and Sutton (Gas & Heating Contractors) Ltd Unaudited accounts for the year ended 31 March 2025
Waesch and Sutton (Gas & Heating Contractors) Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,321 
35,533 
Current assets
Debtors
15,037 
11,692 
Cash at bank and in hand
132,377 
113,405 
147,414 
125,097 
Creditors: amounts falling due within one year
(85,044)
(67,247)
Net current assets
62,370 
57,850 
Total assets less current liabilities
91,691 
93,383 
Creditors: amounts falling due after more than one year
(667)
(4,667)
Provisions for liabilities
Deferred tax
(6,802)
(7,738)
Net assets
84,222 
80,978 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
84,220 
80,976 
Shareholders' funds
84,222 
80,978 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 April 2025 and were signed on its behalf by
Mr. N. C. Waesch Director Company Registration No. 05960175
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Waesch and Sutton (Gas & Heating Contractors) Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Waesch and Sutton (Gas & Heating Contractors) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05960175. The registered office is 12 Pantulf Close, Stafford, ST17 9XW.
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
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Waesch and Sutton (Gas & Heating Contractors) Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
69,836 
Additions
3,563 
At 31 March 2025
73,399 
Depreciation
At 1 April 2024
34,303 
Charge for the year
9,775 
At 31 March 2025
44,078 
Net book value
At 31 March 2025
29,321 
At 31 March 2024
35,533 
5
Average number of employees
During the year the average number of employees was 7 (2024: 6).
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