Company Registration No. SC412287 (Scotland)
Celsius Plumbing & Heating (Edinburgh) Ltd
Unaudited accounts
for the year ended 31 August 2024
Celsius Plumbing & Heating (Edinburgh) Ltd
Unaudited accounts
Contents
Celsius Plumbing & Heating (Edinburgh) Ltd
Company Information
for the year ended 31 August 2024
Director
Michael Andrew Cairns
Company Number
SC412287 (Scotland)
Registered Office
2D West Telferton Industrial Estate
EDINBURGH
EH7 6UL
Scotland
Accountants
DC Accountancy Services (Edinburgh) Ltd
105 Forrest Place
Armadale
West Lothian
EH48 2GZ
Celsius Plumbing & Heating (Edinburgh) Ltd
Statement of financial position
as at 31 August 2024
Intangible assets
2,000
4,000
Tangible assets
64,205
69,575
Cash at bank and in hand
19,980
31,933
Creditors: amounts falling due within one year
(136,100)
(134,805)
Net current liabilities
(45,529)
(34,390)
Total assets less current liabilities
20,676
39,185
Creditors: amounts falling due after more than one year
(8,133)
(18,153)
Provisions for liabilities
Deferred tax
(10,576)
(7,731)
Called up share capital
1
1
Profit and loss account
1,966
13,300
Shareholders' funds
1,967
13,301
For the year ending 31 August 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 17 June 2025 and were signed on its behalf by
Michael Andrew Cairns
Director
Company Registration No. SC412287
Celsius Plumbing & Heating (Edinburgh) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Celsius Plumbing & Heating (Edinburgh) Ltd is a private company, limited by shares, registered in Scotland, registration number SC412287. The registered office is 2D West Telferton Industrial Estate , EDINBURGH, EH7 6UL, Scotland.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
20% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Celsius Plumbing & Heating (Edinburgh) Ltd
Notes to the Accounts
for the year ended 31 August 2024
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill
At 1 September 2023
10,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
16,014
40,409
119,485
175,908
Additions
-
-
13,062
13,062
At 31 August 2024
16,014
40,409
132,547
188,970
At 1 September 2023
6,406
22,581
77,346
106,333
Charge for the year
1,067
3,565
13,800
18,432
At 31 August 2024
7,473
26,146
91,146
124,765
At 31 August 2024
8,541
14,263
41,401
64,205
At 31 August 2023
9,608
17,828
42,139
69,575
Amounts falling due within one year
Trade debtors
52,328
50,219
Accrued income and prepayments
3,263
3,263
Celsius Plumbing & Heating (Edinburgh) Ltd
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
58,095
35,975
Taxes and social security
9,546
6,449
Other creditors
33,392
43,354
Loans from directors
191
16,277
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 13 (2023: 14).