SCOT-HEAT PLUMBING & HEATING LIMITED

Company Registration Number:
SC294901 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SCOT-HEAT PLUMBING & HEATING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SCOT-HEAT PLUMBING & HEATING LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Current assets
Stocks: 9,575 7,285
Debtors:   2,792 4,437
Cash at bank and in hand: 7,158 10,001
Total current assets: 19,525 21,723
Creditors: amounts falling due within one year:   (18,811) (21,480)
Net current assets (liabilities): 714 243
Total assets less current liabilities: 714 243
Total net assets (liabilities): 714 243
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 713 242
Shareholders funds: 714 243

The notes form part of these financial statements

SCOT-HEAT PLUMBING & HEATING LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 September 2025
and signed on behalf of the board by:

Name: S J McAllister
Status: Director

The notes form part of these financial statements

SCOT-HEAT PLUMBING & HEATING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and machinery - 25% Reducing balance

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, was amortised evenly over its estimated useful life of 10 years.

Valuation and information policy

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

Other accounting policies

Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.

SCOT-HEAT PLUMBING & HEATING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

SCOT-HEAT PLUMBING & HEATING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Loans to directors

Name of director receiving advance or credit: S McAlister
Description of the loan: Loan to director
£
Balance at 01 January 2024 6,332
Advances or credits repaid: 5,038
Balance at 31 December 2024 1,294

The loan is interest free and repayable on demand.