REGISTERED NUMBER: SC406670 (Scotland)

APF Heating and Mechanical Services Ltd

Financial Statements For The Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Paterson

REGISTERED OFFICE:

4 Parade Spur North

Pinefield

Elgin

Moray

IV30 6AL

REGISTERED NUMBER:

SC406670 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

Bank of Scotland

90 High Street

Elgin

Moray

IV30 1BJ

FIXED ASSETS

Tangible assets

4

16,264

17,263

CURRENT ASSETS

Stocks

25,500

17,000

Debtors

5

72,886

90,925

Cash at bank and in hand

39,956

64,090

138,342

172,015

CREDITORS

Amounts falling due within one year

6

55,871

87,609

NET CURRENT ASSETS

82,471

84,406

TOTAL ASSETS LESS CURRENT LIABILITIES

98,735

101,669

CREDITORS

Amounts falling due after more than one year

7

(2,848

)

(8,191

)

PROVISIONS FOR LIABILITIES

8

(3,090

)

(3,280

)

NET ASSETS

92,797

90,198

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

92,697

90,098

SHAREHOLDERS' FUNDS

92,797

90,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2025 and were signed by:

K Paterson - Director

1.	STATUTORY INFORMATION

APF Heating and Mechanical Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

Equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

6,681

50,579

1,640

58,900

Additions

-

8,100

351

8,451

Disposals

-

(35,734

)

-

(35,734

)

At 30 June 2025

6,681

22,945

1,991

31,617

DEPRECIATION

At 1 July 2024

6,001

34,525

1,111

41,637

Charge for year

170

3,773

263

4,206

Eliminated on disposal

-

(30,490

)

-

(30,490

)

At 30 June 2025

6,171

7,808

1,374

15,353

NET BOOK VALUE

At 30 June 2025

510

15,137

617

16,264

At 30 June 2024

680

16,054

529

17,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

68,501

86,655

Other debtors

4,385

4,270

72,886

90,925

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

4,910

4,468

Trade creditors

12,154

31,803

Taxation and social security

35,937

48,716

Other creditors

2,870

2,622

55,871

87,609

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

2,848

8,191

8.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

3,090

3,280

Deferred

tax

£

Balance at 1 July 2024

3,280

Provided during year

(190

)

Balance at 30 June 2025

3,090

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 July 2024

90,098

Profit for the year

3,099

Dividends

(500

)

At 30 June 2025

92,697

11.	CAPITAL COMMITMENTS

30.6.25

30.6.24

£

£

Contracted but not provided for in the

financial statements

8,500

8,270

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £500 (2024 - £1,000) were paid to the director .

As at 1 July 2024 the company owed the director £882. During the year the company met expenditure amounting to £866 on behalf of the director. As at 30 June 2025 the company owed the director £16. This loan is interest free and has no fixed terms of repayment.

The company operates from premises owned by the director and for which a market value rent of £1,200 (2024 - £1,200) was charged to the company during the year.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is K Paterson.