Higher Bebington Gas Limited 31/03/2025 iXBRL

Company registration number: 05173553

Higher Bebington Gas Limited

Unaudited filleted financial statements

31 March 2025

Higher Bebington Gas Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

Higher Bebington Gas Limited

Directors and other information


	Director	A Edwards


	Secretary	L Edwards


	Company number	05173553


	Registered office	392-394 Hoylake Road
		Moreton
		Wirral
		CH46 6DF


	Accountant	Hailwood & Co.
		392-394 Hoylake Road
		Moreton
		Wirral
		CH46 6DF

Higher Bebington Gas Limited

Chartered accountant's report to the director on the preparation of the

unaudited statutory financial statements of Higher Bebington Gas Limited

Year ended 31 March 2025

As described on the Statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2025, as set out on pages 5 to 11.

You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.

Hailwood & Co.

Chartered Accountants

392-394 Hoylake Road

Moreton

Wirral

CH46 6DF

13 August 2025

Higher Bebington Gas Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	6,200		9,300
Tangible assets	7	7,308		9,745
		_______		_______
			13,508		19,045

Current assets
Debtors	8	3,473		1,201
Cash at bank and in hand		52,389		83,256
		_______		_______
		55,862		84,457
Creditors: amounts falling due
within one year	9	( 34,783)		( 41,970)
		_______		_______
Net current assets			21,079		42,487
			_______		_______
Total assets less current liabilities			34,587		61,532

Creditors: amounts falling due
after more than one year	10		-		( 3,140)
			_______		_______
Net assets			34,587		58,392
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			34,585		58,390
			_______		_______
Shareholders funds			34,587		58,392
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 13 August 2025 , and are signed on behalf of the board by:

A Edwards

Director

Company registration number: 05173553

Higher Bebington Gas Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 392-394 Hoylake Road, Moreton, Wirral, CH46 6DF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any Tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance
Office equipment	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	62,200	52,000
	_______	_______

6. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	31,000	31,000
	_______	_______
Amortisation
At 1 April 2024	21,700	21,700
Charge for the year	3,100	3,100
	_______	_______
At 31 March 2025	24,800	24,800
	_______	_______
Carrying amount
At 31 March 2025	6,200	6,200
	_______	_______
At 31 March 2024	9,300	9,300
	_______	_______

7. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024 and 31 March 2025	2,686	4,569	28,841	5,267	41,363
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2024	2,216	4,421	20,567	4,414	31,618
Charge for the year	118	37	2,069	213	2,437
	_______	_______	_______	_______	_______
At 31 March 2025	2,334	4,458	22,636	4,627	34,055
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2025	352	111	6,205	640	7,308
	_______	_______	_______	_______	_______
At 31 March 2024	470	148	8,274	853	9,745
	_______	_______	_______	_______	_______

8. Debtors

	2025	2024
	£	£
Other debtors	3,473	1,201
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	10,608	7,335
Corporation tax	10,762	19,170
Social security and other taxes	8,696	10,747
Other creditors	4,717	4,718
	_______	_______
	34,783	41,970
	_______	_______

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	-	3,140
	_______	_______

11. Controlling party

The company is controlled by the director whose name and shareholding are shown on the directors report.

12. Directors' advances, credits and guarantees

All movements on directors' advances, credits and guarantees, were as would be expected under normal market conditions, not material in terms of risk or benefits arising and would therefore not influence the users of these accounts when assessing the financial position of the company.