Water Heating Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09513799

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		39,526		17,251

			39,526		17,251
CURRENT ASSETS
Stocks	5	965		710
Debtors	6	19,070		16,464
Cash at bank and in hand		15,677		30,258

		35,712		47,432
Creditors: Amounts Falling Due Within One Year	7	(17,407 )		(26,073 )

NET CURRENT ASSETS (LIABILITIES)			18,305		21,359

TOTAL ASSETS LESS CURRENT LIABILITIES			57,831		38,610

Creditors: Amounts Falling Due After More Than One Year	8		(25,083 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,110 )		(2,737 )

NET ASSETS			26,638		35,873

CAPITAL AND RESERVES
Called up share capital	10		160		160
Profit and Loss Account			26,478		35,713

SHAREHOLDERS' FUNDS			26,638		35,873

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Water Heating Solutions Ltd

Balance Sheet (continued)

As At 31 January 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Keith Broadley

Director

22nd August 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Water Heating Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09513799 . The registered office is Priory Place, Priory Road, Tiptree, Essex, CO5 0QE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Reducing Balance
Fixtures & Fittings	20% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Water Heating Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 February 2024	37,346	6,209	43,555
Additions	43,841	-	43,841
Disposals	(28,526 )	-	(28,526 )

As at 31 January 2025	52,661	6,209	58,870

Depreciation
As at 1 February 2024	22,033	4,271	26,304
Provided during the period	9,494	388	9,882
Disposals	(16,842 )	-	(16,842 )

As at 31 January 2025	14,685	4,659	19,344

Net Book Value
As at 31 January 2025	37,976	1,550	39,526

As at 1 February 2024	15,313	1,938	17,251

5. Stocks

	2025	2024
	£	£
Stock	965	710

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Water Heating Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,611	14,716
Prepayments and accrued income	4,459	1,748

	19,070	16,464

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,916	-
Trade creditors	5,091	5,294
Corporation tax	4,250	13,246
VAT	3,729	6,618
Accruals and deferred income	925	855
Director's loan account	496	60

	17,407	26,073

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,083	-

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,916	-
Later than one year and not later than five years	25,083	-

	27,999	-

	27,999	-

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	160	160

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

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Water Heating Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

12. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	46,500	55,750

13. Controlling Party

The company's controlling party is Mr Keith Broadley by virtue of his ownership of 71% of the issued share capital in the company.