UK OVERHEATING LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Company Registration No. 14107680 (England and Wales)
UK OVERHEATING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
UK OVERHEATING LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
1,283
1,723
Tangible assets
4
3,242
978
4,525
2,701
Current assets
Debtors
5
44,277
12,531
Cash at bank and in hand
17,804
12,586
62,081
25,117
Creditors: amounts falling due within one year
6
(34,155)
(13,432)
Net current assets
27,926
11,685
Total assets less current liabilities
32,451
14,386
Creditors: amounts falling due after more than one year
7
(549)
-
Provisions for liabilities
(1,131)
(675)
Net assets
30,771
13,711
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
30,770
13,710
Total equity
30,771
13,711
UK OVERHEATING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

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

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 September 2025 and are signed on its behalf by:
Mr J M Howell
Mr J Healey
Director
Director
Company registration number 14107680 (England and Wales)
UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

UK Overheating Limited is a private company limited by shares incorporated in England and Wales. The registered office is Studio 214, Custard Factory, 2 Gibb Street, Birmingham, B9 4AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
20% straight-line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% straight line
Fixtures and fittings
25% straight line
Computers
25% straight line
UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 5 -
1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 6 -

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
3
Intangible fixed assets
Software
£
Cost
At 1 January 2024 and 31 December 2024
2,200
Amortisation and impairment
At 1 January 2024
477
Amortisation charged for the year
440
At 31 December 2024
917
Carrying amount
At 31 December 2024
1,283
At 31 December 2023
1,723
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 January 2024
-
0
-
0
1,067
1,067
Additions
58
1,648
1,519
3,225
At 31 December 2024
58
1,648
2,586
4,292
Depreciation and impairment
At 1 January 2024
-
0
-
0
89
89
Depreciation charged in the year
11
357
593
961
At 31 December 2024
11
357
682
1,050
UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
4
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
(Continued)
- 7 -
Carrying amount
At 31 December 2024
47
1,291
1,904
3,242
At 31 December 2023
-
0
-
0
978
978
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
32,498
7,706
Amounts owed by group undertakings
4,001
4,001
Other debtors
7,778
824
44,277
12,531
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
6,701
784
Amounts owed to group undertakings
5,847
6,834
Corporation tax
9,341
3,591
Other taxation and social security
10,846
-
0
Other creditors
1,420
2,223
34,155
13,432
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
549
-
0
8
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
9
Operating lease commitments
As lessee
UK OVERHEATING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
9
Operating lease commitments
(Continued)
- 8 -

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
Total commitments
26,952
-
0
10
Related party transactions

During the year, a loan due to a fellow subsidiary company of £2,845 was written-off.

2024-12-31 2024-01-01 false false false 09 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr J M Howell Mr J Healey 14107680 2024-01-01 2024-12-31 14107680 2024-12-31 14107680 2023-12-31 14107680 core:ComputerSoftware 2024-12-31 14107680 core:ComputerSoftware 2023-12-31 14107680 core:PlantMachinery 2024-12-31 14107680 core:FurnitureFittings 2024-12-31 14107680 core:ComputerEquipment 2024-12-31 14107680 core:PlantMachinery 2023-12-31 14107680 core:FurnitureFittings 2023-12-31 14107680 core:ComputerEquipment 2023-12-31 14107680 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 14107680 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 14107680 core:ShareCapital 2024-12-31 14107680 core:ShareCapital 2023-12-31 14107680 core:RetainedEarningsAccumulatedLosses 2024-12-31 14107680 core:RetainedEarningsAccumulatedLosses 2023-12-31 14107680 core:ShareCapitalOrdinaryShareClass1 2024-12-31 14107680 core:ShareCapitalOrdinaryShareClass1 2023-12-31 14107680 bus:Director1 2024-01-01 2024-12-31 14107680 bus:Director2 2024-01-01 2024-12-31 14107680 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 14107680 core:ComputerSoftware 2024-01-01 2024-12-31 14107680 core:PlantMachinery 2024-01-01 2024-12-31 14107680 core:FurnitureFittings 2024-01-01 2024-12-31 14107680 core:ComputerEquipment 2024-01-01 2024-12-31 14107680 2023-01-01 2023-12-31 14107680 core:ComputerSoftware 2023-12-31 14107680 core:PlantMachinery 2023-12-31 14107680 core:FurnitureFittings 2023-12-31 14107680 core:ComputerEquipment 2023-12-31 14107680 2023-12-31 14107680 core:CurrentFinancialInstruments 2024-12-31 14107680 core:CurrentFinancialInstruments 2023-12-31 14107680 core:WithinOneYear 2024-12-31 14107680 core:WithinOneYear 2023-12-31 14107680 core:Non-currentFinancialInstruments 2024-12-31 14107680 core:Non-currentFinancialInstruments 2023-12-31 14107680 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 14107680 bus:OrdinaryShareClass1 2024-12-31 14107680 bus:OrdinaryShareClass1 2023-12-31 14107680 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14107680 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14107680 bus:FRS102 2024-01-01 2024-12-31 14107680 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 14107680 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP