Company Registration No. 07189269 (England and Wales)
Dunster Heat Limited
Unaudited accounts
for the year ended 30 September 2024
Dunster Heat Limited
Unaudited accounts
Contents
Dunster Heat Limited
Company Information
for the year ended 30 September 2024
Director
Excr of M Weatherlake
Company Number
07189269 (England and Wales)
Registered Office
Higher Court Farm
Treborough
Watchet
Somerset
TA23 0QW
Accountants
JD Accountants (South West) Ltd
Suite 2, Riverside Court
Castle Street
Barnstaple
Devon
EX31 1DR
Dunster Heat Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,305,949
1,424,851
Inventories
470,163
480,000
Cash at bank and in hand
1,430
33,913
Creditors: amounts falling due within one year
(382,144)
(399,999)
Net current assets
794,018
718,760
Total assets less current liabilities
2,099,967
2,143,611
Creditors: amounts falling due after more than one year
(1,401,693)
(1,449,115)
Provisions for liabilities
Deferred tax
(153,319)
(151,579)
Net assets
544,955
542,917
Called up share capital
1
1
Profit and loss account
544,954
542,916
Shareholders' funds
544,955
542,917
For the year ending 30 September 2024 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 director acknowledges his 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 and authorised for issue on 30 June 2025 and were signed on its behalf by
Excr of M Weatherlake
Director
Company Registration No. 07189269
Dunster Heat Limited
Notes to the Accounts
for the year ended 30 September 2024
Dunster Heat Limited is a private company, limited by shares, registered in England and Wales, registration number 07189269. The registered office is Higher Court Farm, Treborough, Watchet, Somerset, TA23 0QW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
20yrs Straight line
Plant & machinery
5% -10% Reducing balance
Motor vehicles
10% Reducing balance
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.
Dunster Heat Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
284,978
1,856,224
36,082
2,177,284
Additions
1,600
31,054
-
32,654
Disposals
-
(64,125)
-
(64,125)
At 30 September 2024
286,578
1,823,153
36,082
2,145,813
At 1 October 2023
96,600
636,358
19,475
752,433
Charge for the year
13,800
86,477
1,661
101,938
On disposals
-
(14,507)
-
(14,507)
At 30 September 2024
110,400
708,328
21,136
839,864
At 30 September 2024
176,178
1,114,825
14,946
1,305,949
At 30 September 2023
188,378
1,219,866
16,607
1,424,851
Amounts falling due within one year
Trade debtors
563,425
412,337
Accrued income and prepayments
175
175
Other debtors
140,969
190,193
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
240,423
157,683
Obligations under finance leases and hire purchase contracts
27,692
31,412
Trade creditors
24,580
18,835
Taxes and social security
85,279
187,879
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,354,849
1,390,751
Obligations under finance leases and hire purchase contracts
46,844
58,364
The company loans are secured by way of fixed and floating charges over the company assets
Dunster Heat Limited
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
190,193
-
49,225
140,968
The director's loan is subject to interest, based on HM Revenue and Customs official rates.
10
Transactions with related parties
During the year a rent of £85,000 was paid to the director of the company for the site from which the CHP business traded. The director of the company confirmed that this rent was at its commercial market value.
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).