REGISTERED NUMBER: 03683025 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Home Heat (Clayhill) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L E Smart

R S Luff

SECRETARY:

Ms S Butler

REGISTERED OFFICE:

First Floor,

The Estate Office

The Green, Lewes Road

Ringmer

East Sussex

BN8 5QE

REGISTERED NUMBER:

03683025 (England and Wales)

ACCOUNTANTS:

Caburn Accountants Limited

Chartered Certified Accountants

First Floor,

The Estate Office

The Green, Lewes Road

Ringmer

East Sussex

BN8 5QE

FIXED ASSETS

Tangible assets

4

11,271

15,260

CURRENT ASSETS

Stocks

11,000

12,700

Debtors

5

2,384

13,924

Cash at bank and in hand

17,149

15,965

30,533

42,589

CREDITORS

Amounts falling due within one year

6

33,383

42,443

NET CURRENT (LIABILITIES)/ASSETS

(2,850

)

146

TOTAL ASSETS LESS CURRENT LIABILITIES

8,421

15,406

CREDITORS

Amounts falling due after more than one year

7

6,929

12,471

NET ASSETS

1,492

2,935

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,392

2,835

SHAREHOLDERS' FUNDS

1,492

2,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 September 2025 and were signed on its behalf by:

L E Smart - Director

1.	STATUTORY INFORMATION

Home Heat (Clayhill) 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.

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

Computer

& equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

23,615

38,025

7,983

69,623

DEPRECIATION

At 1 January 2024

20,200

26,413

7,750

54,363

Charge for year

853

2,903

233

3,989

At 31 December 2024

21,053

29,316

7,983

58,352

NET BOOK VALUE

At 31 December 2024

2,562

8,709

-

11,271

At 31 December 2023

3,415

11,612

233

15,260

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

2,384

13,924

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

7,000

7,000

Trade creditors

10,892

5,773

Tax

6,035

8,999

Other creditors

7,064

9,538

Directors' current accounts

-

8,745

Accrued expenses

2,392

2,388

33,383

42,443

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

6,929

7,000

Bank loans - 2-5 years

-

5,471

6,929

12,471