REGISTERED NUMBER: 12159354 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Propane Gas Essex Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Gibson

REGISTERED OFFICE:

8 Old Forge Court

Colchester Road

Colchester

Essex

CO7 7EA

REGISTERED NUMBER:

12159354 (England and Wales)

ACCOUNTANTS:

Goody Chartered Accountants and Tax Advisors

Unit 8 Old Forge Court

Colchester Road

Elmstead Market

Colchester

Essex

CO7 7EA

FIXED ASSETS

Tangible assets

4

528,508

496,722

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

5

42,787

60,047

Cash at bank

350,644

306,788

397,431

370,835

CREDITORS

Amounts falling due within one year

6

89,296

90,962

NET CURRENT ASSETS

308,135

279,873

TOTAL ASSETS LESS CURRENT LIABILITIES

836,643

776,595

CREDITORS

Amounts falling due after more than one year

7

43,412

58,101

NET ASSETS

793,231

718,494

CAPITAL AND RESERVES

Called up share capital

101

100

Retained earnings

793,130

718,394

SHAREHOLDERS' FUNDS

793,231

718,494

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 15 September 2025 and were signed by:

A Gibson - Director

1.	STATUTORY INFORMATION

Propane Gas Essex 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.

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.

Plant and machinery etc

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

865,363

Additions

196,288

At 31 July 2025

1,061,651

DEPRECIATION

At 1 August 2024

368,641

Charge for year

164,502

At 31 July 2025

533,143

NET BOOK VALUE

At 31 July 2025

528,508

At 31 July 2024

496,722

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

12,903

18,183

Other debtors

29,884

41,864

42,787

60,047

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

20,477

17,068

Trade creditors

19,287

19,448

Taxation and social security

48,181

53,095

Other creditors

1,351

1,351

89,296

90,962

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

14,999

24,167

Hire purchase contracts

28,413

33,934

43,412

58,101