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REGISTERED NUMBER: 11010370 (England and Wales)







Financial Statements for the Year Ended 31st October 2024

for

TBM Heating Ltd

TBM Heating Ltd (Registered number: 11010370)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TBM Heating Ltd

Company Information
for the Year Ended 31st October 2024







DIRECTORS: A Slater
N M Freeman





SECRETARY: Mrs L Slater





REGISTERED OFFICE: Old Timbers
Little Witley
Worcestershire
WR6 6LL





REGISTERED NUMBER: 11010370 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

TBM Heating Ltd (Registered number: 11010370)

Abridged Balance Sheet
31st October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,677 10,256

CURRENT ASSETS
Debtors 16,042 20,045
Cash at bank 15,469 12,744
31,511 32,789
CREDITORS
Amounts falling due within one year 33,968 32,300
NET CURRENT (LIABILITIES)/ASSETS (2,457 ) 489
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,220

10,745

CREDITORS
Amounts falling due after more than one
year

(2,992

)

(8,053

)

PROVISIONS FOR LIABILITIES (1,919 ) (2,564 )
NET ASSETS 309 128

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 209 28
309 128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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.

TBM Heating Ltd (Registered number: 11010370)

Abridged Balance Sheet - continued
31st October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th June 2025 and were signed on its behalf by:





A Slater - Director


TBM Heating Ltd (Registered number: 11010370)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

TBM Heating Ltd 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.
Plant and machinery - 33% on reducing balance
Motor vehicles - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

GOVERNMENT GRANTS
Income from Government Grants is recognised in the profit and loss in the same period in which the associated expense occurs.

3. EMPLOYEES AND DIRECTORS

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

TBM Heating Ltd (Registered number: 11010370)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2023
and 31st October 2024 30,604
DEPRECIATION
At 1st November 2023 20,348
Charge for year 2,579
At 31st October 2024 22,927
NET BOOK VALUE
At 31st October 2024 7,677
At 31st October 2023 10,256

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 October 2024, director, N Freeman owed the company £2,810 (2023: 7,495).