REGISTERED NUMBER: 01290836 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Neatheat Services (Plumbing & Heating)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K M Prior

Mrs A K Knaggs

REGISTERED OFFICE:

1 Hemble Hill Cottage

Middlesbrough Road

Guisborough

Cleveland

TS14 8JT

REGISTERED NUMBER:

01290836 (England and Wales)

ACCOUNTANTS:

SMH BCL Accountants Ltd

2, Pavilion Business Park

Royds Hall Road

Lower Wortley

Leeds

LS12 6AJ

FIXED ASSETS

Tangible assets

4

15,728

16,601

CURRENT ASSETS

Cash at bank

258

8

CREDITORS

Amounts falling due within one year

5

58,272

57,526

NET CURRENT LIABILITIES

(58,014

)

(57,518

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(42,286

)

(40,917

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(42,288

)

(40,919

)

SHAREHOLDERS' FUNDS

(42,286

)

(40,917

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 September 2025 and were signed on its behalf by:

Mrs K M Prior - Director

1.	STATUTORY INFORMATION

Neatheat Services (Plumbing & Heating) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The company is dependent upon the financial support of it's other creditors. The financial statements have been prepared on the basis that this support will continue.

Tangible fixed assets

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

Buildings

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Buildings

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

43,629

7,400

802

51,831

DEPRECIATION

At 1 April 2024

27,033

7,395

802

35,230

Charge for year

872

1

-

873

At 31 March 2025

27,905

7,396

802

36,103

NET BOOK VALUE

At 31 March 2025

15,724

4

-

15,728

At 31 March 2024

16,596

5

-

16,601

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

102

-

Other creditors

58,170

57,526

58,272

57,526

6.	RELATED PARTY DISCLOSURES

The directors are also the sole directors and shareholders of Betterhome Builders Merchants Limited. At the year end £51,566 (2023 - £51,332) was owed to Betterhome Builders Merchants Limited. The loan is interest free and repayable on demand.

Also, Betterhome Builders Merchants Limited operates from premises owned by the company, for which it pays no rent.