Company registration number: 13775035
Unaudited financial statements
for the period ended 31 December 2024
for
Deep Heat Limited
Pages for filing with the Registrar
Company registration number: 13775035
Deep Heat Limited
Balance sheet
as at 31 December 2024
Note £ £
Fixed assets
Tangible assets 4 138,222
138,222
Current assets
Stocks 72,851
Debtors 77,469
Cash at bank and in hand 21,308
171,628
Creditors: amounts falling due within one
year 		(131,387)
Net current assets 40,241
Total assets less current liabilities 178,463
Creditors: Amounts falling due after more
than one year 		(72,017)
NET ASSETS 106,446
Capital and reserves
Called up share capital 1
Profit and loss account 106,445
TOTAL EQUITY 106,446
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13775035
Deep Heat Limited
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr G Mcbrien, Director
1 January 2025
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Deep Heat Limited
Notes to the financial statements
for the period ended 31 December 2024
1 Company information
Deep Heat Limited is a private company registered in England and Wales. Its registered number is 13775035. The company is limited by shares. Its registered office is 5 Brayford Square, London, E1 0SG.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 10% straight line
Motor vehicles - 10% straight line
Computer equipment - 10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Deep Heat Limited
Notes to the financial statements - continued
for the period ended 31 December 2024
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the period the average number of employees was 10.
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 31 December 2024 197,460
Depreciation
Charge for period 19,746
At 31 December 2024 59,238
Net book value
At 31 December 2024 138,222
If Motor vehicles had not been revalued, it would have been included at the following historical cost:
£
Cost 36,900
Accumulated depreciation 11,070
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