Company Registration No. 08119020 (England and Wales)
Comfort Heating & Stoves Ltd
Unaudited accounts
for the year ended 30 June 2024
Comfort Heating & Stoves Ltd
Unaudited accounts
Contents
Comfort Heating & Stoves Ltd
Company Information
for the year ended 30 June 2024
Company Number
08119020 (England and Wales)
Registered Office
19 High Street
Exmouth
EX8 1NP
Comfort Heating & Stoves Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
20,646
29,798
Cash at bank and in hand
24,741
6,820
Creditors: amounts falling due within one year
(60,480)
(19,988)
Net current assets
30,888
154,837
Total assets less current liabilities
51,534
184,635
Creditors: amounts falling due after more than one year
(92,978)
(85,536)
Provisions for liabilities
Deferred tax
(4,162)
(5,661)
Net (liabilities)/assets
(45,606)
93,438
Called up share capital
1
1
Profit and loss account
(45,607)
93,437
Shareholders' funds
(45,606)
93,438
For the year ending 30 June 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 her 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 10 July 2025 and were signed on its behalf by
Mrs J M Eyres
Director
Company Registration No. 08119020
Comfort Heating & Stoves Ltd
Notes to the Accounts
for the year ended 30 June 2024
Comfort Heating & Stoves Ltd is a private company, limited by shares, registered in England and Wales, registration number 08119020. The registered office is 19 High Street, Exmouth, EX8 1NP.
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.
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.
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
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:
Motor vehicles
25% on a reducing balance basis
Fixtures & fittings
25% on a reducing balance basis
Computer equipment
20% on a straight-line basis
The tax expense represents the tax currently payable. This based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Comfort Heating & Stoves Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
53,730
4,686
707
59,123
Disposals
(4,000)
-
-
(4,000)
At 30 June 2024
49,730
4,686
707
55,123
At 1 July 2023
24,759
4,185
381
29,325
Charge for the year
6,822
501
142
7,465
On disposals
(2,313)
-
-
(2,313)
At 30 June 2024
29,268
4,686
523
34,477
At 30 June 2024
20,462
-
184
20,646
At 30 June 2023
28,971
501
326
29,798
Amounts falling due within one year
Trade debtors
19,827
49,946
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
34,976
-
Obligations under finance leases and hire purchase contracts
3,780
-
Loans from directors
13,483
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,520
10,081
Taxes and social security
67,057
46,580
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).