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REGISTERED NUMBER: 06246372 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 May 2024

for

Appliance Installations Limited

Appliance Installations Limited (Registered number: 06246372)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Appliance Installations Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: P Beggs



REGISTERED OFFICE: Unit 66 Cosgrove Business Park
Daisy Bank Lane
Barnton
Northwich
Cheshire
CW9 6FY



REGISTERED NUMBER: 06246372 (England and Wales)



ACCOUNTANTS: Craven Dalton
PO Box 284
Wirral
CH29 9GW



BANKERS: Starling Bank Limited
3rd Floor
2 Finsbury Avenue
London
EC2M 2PP

Appliance Installations Limited (Registered number: 06246372)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,070 14,342

CURRENT ASSETS
Debtors 5 27,784 43,428
Cash at bank 8,996 5,042
36,780 48,470
CREDITORS
Amounts falling due within one year 6 54,670 50,747
NET CURRENT LIABILITIES (17,890 ) (2,277 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,180

12,065

CREDITORS
Amounts falling due after more than one
year

7

(20,553

)

(9,204

)

PROVISIONS FOR LIABILITIES (8,706 ) (2,223 )
NET ASSETS 921 638

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 918 635
SHAREHOLDERS' FUNDS 921 638

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

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

The director acknowledges his 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.

Appliance Installations Limited (Registered number: 06246372)

Balance Sheet - continued
31 May 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 director and authorised for issue on 3 March 2025 and were signed by:





P Beggs - Director


Appliance Installations Limited (Registered number: 06246372)

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

1. STATUTORY INFORMATION

Appliance Installations 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 15% on reducing balance
Motor vehicles - 25% on reducing balance and term of lease
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Appliance Installations Limited (Registered number: 06246372)

Notes to the Financial Statements - continued
for the Year Ended 31 May 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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 12,541 26,635 4,367 43,543
Additions - 46,990 - 46,990
Disposals - (26,635 ) - (26,635 )
At 31 May 2024 12,541 46,990 4,367 63,898
DEPRECIATION
At 1 June 2023 8,967 15,867 4,367 29,201
Charge for year 536 4,425 - 4,961
Eliminated on disposal - (18,334 ) - (18,334 )
At 31 May 2024 9,503 1,958 4,367 15,828
NET BOOK VALUE
At 31 May 2024 3,038 45,032 - 48,070
At 31 May 2023 3,574 10,768 - 14,342

Appliance Installations Limited (Registered number: 06246372)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023 26,635
Additions 46,990
Disposals (26,635 )
At 31 May 2024 46,990
DEPRECIATION
At 1 June 2023 15,867
Charge for year 4,425
Eliminated on disposal (18,334 )
At 31 May 2024 1,958
NET BOOK VALUE
At 31 May 2024 45,032
At 31 May 2023 10,768

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 570 1,685
Directors' loan accounts 25,432 40,943
VAT 982 -
Prepayments 800 800
27,784 43,428

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 6,000 6,000
Hire purchase contracts 30,328 11,546
Trade creditors 1,145 1,993
Tax 15,543 23,390
Social security and other taxes 259 210
VAT - 6,253
Accrued expenses 1,395 1,355
54,670 50,747

Appliance Installations Limited (Registered number: 06246372)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 5,153 6,000
Bank loans - 2-5 years - 3,204
Hire purchase contracts 15,400 -
20,553 9,204

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 11,153 15,204
Hire purchase contracts 45,728 11,546
56,881 26,750

The hire purchase liability is secured on the asset concerned.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
P Beggs
Balance outstanding at start of year 40,943 45,166
Amounts advanced 35,829 42,686
Amounts repaid (51,340 ) (46,909 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,432 40,943

During the year the company paid dividends to the director, P Beggs, the sole shareholder and managing director, in the sum of £18,000 (2023 - £35,000).

10. ULTIMATE CONTROLLING PARTY

Throughout the period the company was controlled by P Beggs, the major shareholder and managing director.