2023-12-01 SC675435 2024-11-30 SC675435 2023-12-01 2024-11-30 SC675435 2023-11-30 SC675435 2022-12-01 2023-11-30 SC675435 uk-core:WithinOneYear 2023-11-30 SC675435 uk-core:WithinOneYear 2024-11-30 SC675435 uk-core:AfterOneYear 2023-11-30 SC675435 uk-core:AfterOneYear 2024-11-30 SC675435 uk-core:ShareCapital 2024-11-30 SC675435 uk-core:ShareCapital 2023-11-30 SC675435 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC675435 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC675435 uk-bus:Director1 2023-12-01 2024-11-30 SC675435 uk-core:ComputerEquipment 2023-11-30 SC675435 uk-core:CommercialMotorVehicles 2023-11-30 SC675435 uk-core:ToolsEquipment 2023-11-30 SC675435 uk-core:ComputerEquipment 2023-12-01 2024-11-30 SC675435 uk-core:CommercialMotorVehicles 2023-12-01 2024-11-30 SC675435 uk-core:ToolsEquipment 2023-12-01 2024-11-30 SC675435 uk-core:ToolsEquipment 2024-11-30 SC675435 uk-core:CommercialMotorVehicles 2024-11-30 SC675435 uk-core:ComputerEquipment 2024-11-30 SC675435 uk-core:WithinOneYear 2023-12-01 2024-11-30 SC675435 uk-core:AfterOneYear uk-core:Secured 2024-11-30 SC675435 uk-core:AfterOneYear uk-core:Secured 2023-11-30 iso4217:GBP xbrli:pure SC675435 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 SC675435 uk-bus:FRS102 2023-12-01 2024-11-30 SC675435 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 SC675435 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Versatile Heating Services Limited
Registered Number:SC675435
For the year ended 30 November 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 November 2024
Versatile Heating Services Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC675435
As at 30 November 2024
Versatile Heating Services Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
18,190
26,143
2
18,190
26,143
Current assets
Inventories
10,000
10,000
3
Trade and other receivables
7,318
15,522
4
73,196
Cash and cash equivalents
90,309
115,831
90,514
Trade and other payables: amounts falling due within one
year
(31,182)
(25,659)
5
59,332
90,172
Net current assets
Total assets less current liabilities
108,362
85,475
Trade and other payables: amounts falling due after more
than one year
(15,602)
(9,563)
6
98,799
Net assets
69,873
Capital and reserves
Called up share capital
1
1
Retained earnings
98,798
69,872
98,799
69,873
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Martin Cairney Director
These financial statements were approved and authorised for issue by the Board on 18 August 2025 and were signed by:
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4
Registered Number :
SC675435
For the year ended 30 November 2024
Versatile Heating Services Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2024
Versatile Heating Services Limited
Notes to the Financial Statements
Statutory Information
Versatile Heating Services Limited is a private limited company, limited by shares, domiciled in Scotland, registration
number SC675435.
Registered address:
92 Pirniefield
Edinburgh
Scotland
EH6 7PY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 December 2023
39,863
797
37,367
1,699
-
(3,357)
-
Disposals
(3,357)
At 30 November 2024
1,699
34,010
797
36,506
Provision for depreciation and impairment
At 01 December 2023
13,720
348
12,628
744
Charge for year
6,064
112
5,713
239
(1,468)
-
(1,468)
-
On disposal
At 30 November 2024
18,316
460
16,873
983
At 30 November 2024
Net book value
716
17,137
337
18,190
At 30 November 2023
955
24,739
449
26,143
3. Inventories
2023
2024
£
£
Stocks
10,000
10,000
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6
For the year ended 30 November 2024
Versatile Heating Services Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
15,522
7,318
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
184
184
Taxation and social security
24,636
30,131
Other creditors
839
867
25,659
31,182
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
9,563
15,602
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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