PTP Accounts Production v23.1.5.20 07050235 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070502352023-10-31070502352024-10-31070502352023-11-012024-10-31070502352022-10-31070502352022-11-012023-10-31070502352023-10-3107050235ns15:EnglandWales2023-11-012024-10-3107050235ns14:PoundSterling2023-11-012024-10-3107050235ns10:Director12023-11-012024-10-3107050235ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3107050235ns10:SmallEntities2023-11-012024-10-3107050235ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3107050235ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3107050235ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3107050235ns10:FullAccounts2023-11-012024-10-3107050235ns10:Director22023-11-012024-10-3107050235ns10:RegisteredOffice2023-11-012024-10-3107050235ns5:CurrentFinancialInstruments2024-10-3107050235ns5:CurrentFinancialInstruments2023-10-3107050235ns5:ShareCapital2024-10-3107050235ns5:ShareCapital2023-10-3107050235ns5:RetainedEarningsAccumulatedLosses2024-10-3107050235ns5:RetainedEarningsAccumulatedLosses2023-10-3107050235ns5:PlantMachinery2023-11-012024-10-3107050235ns5:MotorVehicles2023-11-012024-10-3107050235ns5:PlantMachinery2023-10-3107050235ns5:MotorVehicles2023-10-3107050235ns5:ComputerEquipment2023-10-3107050235ns5:ComputerEquipment2023-11-012024-10-3107050235ns5:PlantMachinery2024-10-3107050235ns5:MotorVehicles2024-10-3107050235ns5:ComputerEquipment2024-10-3107050235ns5:PlantMachinery2023-10-3107050235ns5:MotorVehicles2023-10-3107050235ns5:ComputerEquipment2023-10-3107050235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-10-3107050235ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107050235ns5:DeferredTaxation2023-10-3107050235ns5:DeferredTaxation2023-11-012024-10-3107050235ns5:DeferredTaxation2024-10-31
REGISTERED NUMBER: 07050235 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Smith & Johnson Heating and Technical
Solutions Limited

Smith & Johnson Heating and Technical
Solutions Limited (Registered number: 07050235)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Smith & Johnson Heating and Technical
Solutions Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: A Johnson
J Smith





REGISTERED OFFICE: Unit 6 Highfield Street
Earl Shilton
Leicester
Leicestershire
LE9 7HS





REGISTERED NUMBER: 07050235 (England and Wales)





ACCOUNTANTS: Blue Skies Accountancy Limited
Chartered Accountant
17 Millbrook Drive
Broughton Astley
Leicestershire
LE9 6UX

Smith & Johnson Heating and Technical
Solutions Limited (Registered number: 07050235)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,782 33,430

CURRENT ASSETS
Debtors 5 113,993 266,801
Cash at bank 47,065 80,271
161,058 347,072
CREDITORS
Amounts falling due within one year 6 148,415 161,228
NET CURRENT ASSETS 12,643 185,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,425

219,274

PROVISIONS FOR LIABILITIES 7 4,380 6,351
NET ASSETS 30,045 212,923

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 30,025 212,903
SHAREHOLDERS' FUNDS 30,045 212,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Smith & Johnson Heating and Technical
Solutions Limited (Registered number: 07050235)

Balance Sheet - continued
31 October 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 7 July 2025 and were signed on its behalf by:





A Johnson - Director


Smith & Johnson Heating and Technical
Solutions Limited (Registered number: 07050235)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Smith & Johnson Heating and Technical Solutions 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.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2023 - 8 ) .

Smith & Johnson Heating and Technical
Solutions Limited (Registered number: 07050235)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 50,571 102,781 7,696 161,048
Additions - 8,500 - 8,500
At 31 October 2024 50,571 111,281 7,696 169,548
DEPRECIATION
At 1 November 2023 47,446 74,098 6,074 127,618
Charge for year 2,500 16,467 1,181 20,148
At 31 October 2024 49,946 90,565 7,255 147,766
NET BOOK VALUE
At 31 October 2024 625 20,716 441 21,782
At 31 October 2023 3,125 28,683 1,622 33,430

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 94,774 236,431
Other debtors 19,219 30,370
113,993 266,801

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 115,492 43,906
Taxation and social security 28,022 84,421
Other creditors 4,901 32,901
148,415 161,228

7. PROVISIONS FOR LIABILITIES
31.10.24 31.10.23
£    £   
Deferred tax 4,380 6,351

Deferred
tax
£   
Balance at 1 November 2023 6,351
Credit to Income Statement during year (1,971 )
Balance at 31 October 2024 4,380