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REGISTERED NUMBER: 05946171 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 September 2024

for

Thurston Gas & Heating Limited

Thurston Gas & Heating Limited (Registered number: 05946171)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Thurston Gas & Heating Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: R D Thurston





SECRETARY: A Thurston





REGISTERED OFFICE: 47 Chawn Park Drive
Pedmore
Stourbridge
West Midlands
DY9 0UG





REGISTERED NUMBER: 05946171 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Thurston Gas & Heating Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thurston Gas & Heating Limited for the year ended 30 September 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Thurston Gas & Heating Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Thurston Gas & Heating Limited and state those matters that we have agreed to state to the director of Thurston Gas & Heating Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thurston Gas & Heating Limited and its director for our work or for this report.

It is your duty to ensure that Thurston Gas & Heating Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Thurston Gas & Heating Limited. You consider that Thurston Gas & Heating Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Thurston Gas & Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


26 June 2025

Thurston Gas & Heating Limited (Registered number: 05946171)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 13,420 17,893

CURRENT ASSETS
Stocks 13,000 13,000
Debtors 5 2,006 4,194
Cash at bank 1,283 8,237
16,289 25,431
CREDITORS
Amounts falling due within one year 6 (27,818 ) (27,174 )
NET CURRENT LIABILITIES (11,529 ) (1,743 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,891

16,150

CREDITORS
Amounts falling due after more than one
year

7

(16,704

)

(19,973

)

PROVISIONS FOR LIABILITIES - (1,990 )
NET LIABILITIES (14,813 ) (5,813 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (14,814 ) (5,814 )
(14,813 ) (5,813 )

Thurston Gas & Heating Limited (Registered number: 05946171)

Balance Sheet - continued
30 September 2024


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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





R D Thurston - Director


Thurston Gas & Heating Limited (Registered number: 05946171)

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

1. STATUTORY INFORMATION

Thurston Gas & 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.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Thurston Gas & Heating Limited (Registered number: 05946171)

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

2. ACCOUNTING POLICIES - continued

Going concern
At 30 September 2024 there were net current liabilities and a deficiency of assets of £14,813. The company is dependant upon the continued financial support of the director and shareholder. It is understood that this support will continue. On this basis the director considers it appropriate to prepare financial statements on a going concern basis. These financial statements do not include any adjustments which would arise if the accounts had not been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 26,780 48,431 75,211
DEPRECIATION
At 1 October 2023 23,385 33,933 57,318
Charge for year 849 3,624 4,473
At 30 September 2024 24,234 37,557 61,791
NET BOOK VALUE
At 30 September 2024 2,546 10,874 13,420
At 30 September 2023 3,395 14,498 17,893

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,996 1,996
Amounts owed by group undertakings - 1,000
Other debtors 10 1,198
2,006 4,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,268 3,183
Amounts owed to group undertakings 500 -
Taxation and social security - 97
Other creditors 24,050 23,894
27,818 27,174

Thurston Gas & Heating Limited (Registered number: 05946171)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,704 19,973