IRIS Accounts Production v25.1.3.33 07616891 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076168912023-09-30076168912024-09-30076168912023-10-012024-09-30076168912022-09-30076168912022-10-012023-09-30076168912023-09-3007616891ns15:EnglandWales2023-10-012024-09-3007616891ns14:PoundSterling2023-10-012024-09-3007616891ns10:Director12023-10-012024-09-3007616891ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3007616891ns10:SmallEntities2023-10-012024-09-3007616891ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3007616891ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3007616891ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3007616891ns10:FullAccounts2023-10-012024-09-300761689112023-10-012024-09-3007616891ns10:Director22023-10-012024-09-3007616891ns10:RegisteredOffice2023-10-012024-09-3007616891ns5:CurrentFinancialInstruments2024-09-3007616891ns5:CurrentFinancialInstruments2023-09-3007616891ns5:Non-currentFinancialInstruments2024-09-3007616891ns5:Non-currentFinancialInstruments2023-09-3007616891ns5:ShareCapital2024-09-3007616891ns5:ShareCapital2023-09-3007616891ns5:RevaluationReserve2024-09-3007616891ns5:RevaluationReserve2023-09-3007616891ns5:RetainedEarningsAccumulatedLosses2024-09-3007616891ns5:RetainedEarningsAccumulatedLosses2023-09-3007616891ns5:NetGoodwill2023-10-012024-09-3007616891ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3007616891ns5:PlantMachinery2023-10-012024-09-3007616891ns5:NetGoodwill2023-09-3007616891ns5:NetGoodwill2024-09-3007616891ns5:NetGoodwill2023-09-3007616891ns5:LandBuildings2023-09-3007616891ns5:PlantMachinery2023-09-3007616891ns5:LandBuildings2023-10-012024-09-3007616891ns5:LandBuildings2024-09-3007616891ns5:PlantMachinery2024-09-3007616891ns5:LandBuildings2023-09-3007616891ns5:PlantMachinery2023-09-3007616891ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3007616891ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3007616891ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3007616891ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3007616891ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3007616891ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 07616891 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Shelford Heating Limited

Shelford Heating Limited (Registered number: 07616891)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shelford Heating Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: D J Humm
Mrs A Humm





REGISTERED OFFICE: Unit 20 South Cambridge Business Park
Babraham Road
Sawston
Cambridgeshire
CB22 3JH





REGISTERED NUMBER: 07616891 (England and Wales)





ACCOUNTANTS: Xeinadin
Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH

Shelford Heating Limited (Registered number: 07616891)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 449,467 237,725
449,467 237,725

CURRENT ASSETS
Stocks 110,000 112,000
Debtors 6 95,952 102,095
Cash at bank 87,903 84,764
293,855 298,859
CREDITORS
Amounts falling due within one year 7 322,964 292,277
NET CURRENT (LIABILITIES)/ASSETS (29,109 ) 6,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

420,358

244,307

CREDITORS
Amounts falling due after more than one
year

8

241,034

176,818
NET ASSETS 179,324 67,489

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 9 105,003 -
Retained earnings 73,321 66,489
SHAREHOLDERS' FUNDS 179,324 67,489

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.

Shelford Heating Limited (Registered number: 07616891)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





D J Humm - Director


Shelford Heating Limited (Registered number: 07616891)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Shelford Heating 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Plant and machinery etc - 33% on cost, 25% on cost, 25% on reducing balance, 20% on reducing balance and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Shelford Heating Limited (Registered number: 07616891)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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.

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 14 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 50,000
AMORTISATION
At 1 October 2023
and 30 September 2024 50,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Shelford Heating Limited (Registered number: 07616891)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 214,997 283,658 498,655
Additions - 134,880 134,880
Disposals - (51,566 ) (51,566 )
Revaluations 105,003 - 105,003
At 30 September 2024 320,000 366,972 686,972
DEPRECIATION
At 1 October 2023 - 260,930 260,930
Charge for year - 28,141 28,141
Eliminated on disposal - (51,566 ) (51,566 )
At 30 September 2024 - 237,505 237,505
NET BOOK VALUE
At 30 September 2024 320,000 129,467 449,467
At 30 September 2023 214,997 22,728 237,725

Cost or valuation at 30 September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 320,000 366,972 686,972

Shelford Heating Limited (Registered number: 07616891)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
At 1 October 2023 160,944
Additions 113,456
Disposals (35,851 )
At 30 September 2024 238,549
DEPRECIATION
At 1 October 2023 151,446
Charge for year 24,302
Eliminated on disposal (35,851 )
At 30 September 2024 139,897
NET BOOK VALUE
At 30 September 2024 98,652
At 30 September 2023 9,498

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 51,683 60,427
Other debtors 44,269 41,668
95,952 102,095

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 35,528 40,458
Hire purchase contracts 28,878 2,188
Trade creditors 118,092 143,997
Taxation and social security 20,852 63,241
Other creditors 119,614 42,393
322,964 292,277

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 161,587 171,568
Hire purchase contracts 79,447 5,250
241,034 176,818

Shelford Heating Limited (Registered number: 07616891)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. RESERVES
Revaluation
reserve
£   
Freehold property revaluation 105,003

At 30 September 2024 105,003