Northwich Heating Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12851636 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Northwich Heating Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L B Gray

Mrs P Gray

REGISTERED OFFICE:

39 Waterside View

Rudheath

Northwich

Cheshire

CW9 7EG

REGISTERED NUMBER:

12851636 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Tangible assets

4

1,448

1,471

CURRENT ASSETS

Debtors

5

3,861

11,584

Cash at bank

6,224

3,068

10,085

14,652

CREDITORS

Amounts falling due within one year

6

11,514

10,840

NET CURRENT (LIABILITIES)/ASSETS

(1,429

)

3,812

TOTAL ASSETS LESS CURRENT
LIABILITIES

19

5,283

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

8

17

5,281

SHAREHOLDERS' FUNDS

19

5,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:

L B Gray - Director

1.	STATUTORY INFORMATION

Northwich 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 October 2023

2,200

1,287

3,487

Additions

-

460

At 30 September 2024

2,200

1,747

3,947

DEPRECIATION

At 1 October 2023

1,272

744

2,016

Charge for year

232

251

483

At 30 September 2024

1,504

995

2,499

NET BOOK VALUE

At 30 September 2024

696

752

1,448

At 30 September 2023

928

543

1,471

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade debtors

3,861

11,584

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade creditors

2,016

489

Tax

1,529

3,294

VAT

1,595

535

Directors' current accounts

5,434

5,582

Accrued expenses

940

11,514

10,840

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

2

Ordinary

£1

2

8.

RESERVES

Retained

earnings

£

At 1 October 2023

5,281

Profit for the year

6,496

Dividends

(11,760

)

At 30 September 2024

17