Insulation & Heating Installations Ltd Filleted Accounts Cover |
Company No. 10669962 | |||||||||
Insulation & Heating Installations Ltd Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 March 2025. | |||||||||
Principal activities | |||||||||
Reclassification of figures | |||||||||
Certain figures for the previous year have been regrouped, reclassified, or clubbed together with other heads for the purpose of better presentation and comparability. These changes have no impact on the overall financial results. | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
I.M. Beedham | |||||||||
M.J. Reed | |||||||||
Signed on behalf of the board | |||||||||
I.M. Beedham | |||||||||
Director | |||||||||
22 August 2025 | |||||||||
Insulation & Heating Installations Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2025 | 2024 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Current assets | ||||||||||
Stocks | 5 | |||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 7 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Provisions for liabilities | ||||||||||
Deferred taxation | ( | ( | ||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 8 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 22 August 2025 and signed on its behalf by: | ||||||||||
I.M. Beedham | ||||||||||
Director | ||||||||||
22 August 2025 | ||||||||||
Insulation & Heating Installations Ltd Notes to the Accounts Registrar |
for the year ended 31 March 2025 | ||||||||||||||
1 | General information | |||||||||||||
Insulation & Heating Installations Ltd is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 10669962 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Motor vehicles | ||||||||||||||
Furniture, fittings and equipment | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Stocks | ||||||||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
3 | Employees | |||||||||||||
2025 | 2024 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Motor vehicles | Fixtures, fittings and equipment | Total | ||||||||||||
£ | £ | £ | ||||||||||||
Cost or revaluation | ||||||||||||||
At 1 April 2024 | ||||||||||||||
Additions | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 31 March 2025 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 April 2024 | ||||||||||||||
Charge for the year | ||||||||||||||
Disposals | ( | ( | ||||||||||||
At 31 March 2025 | ||||||||||||||
Net book values | ||||||||||||||
At 31 March 2025 | ||||||||||||||
At 31 March 2024 | 97,784 | 5,044 | ||||||||||||
5 | Stocks | |||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Work in progress | ||||||||||||||
Finished goods | ||||||||||||||
6 | Debtors | |||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
8 | Reserves | |||||||||||||
9 | Related party disclosures | |||||||||||||
Transactions with related parties | ||||||||||||||
Parent Company | ||||||||||||||
The company is a wholly owned subsidiary of Brimco Holdings Limited, a company incorporated in the United Kingdom. Brimco Holdings Limited qualifies as a small group and is therefore exempt from the requirement to prepare consolidated financial statements under Section 399 of the Companies Act 2006. The individual financial statements of Brimco Holdings Limited are available from its registered office. | ||||||||||||||
The parent's registered office address is: | ||||||||||||||
Suite 118 | ||||||||||||||
The Tad Centre | ||||||||||||||
Ormesby Road | ||||||||||||||
Middlesbrough | ||||||||||||||
TS3 7SF | ||||||||||||||