Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05366071 Mr Wyn Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05366071 2024-02-29 05366071 2025-02-28 05366071 2024-03-01 2025-02-28 05366071 frs-core:CurrentFinancialInstruments 2025-02-28 05366071 frs-core:Non-currentFinancialInstruments 2025-02-28 05366071 frs-core:BetweenOneFiveYears 2025-02-28 05366071 frs-core:MotorVehicles 2025-02-28 05366071 frs-core:MotorVehicles 2024-03-01 2025-02-28 05366071 frs-core:MotorVehicles 2024-02-29 05366071 frs-core:PlantMachinery 2025-02-28 05366071 frs-core:PlantMachinery 2024-03-01 2025-02-28 05366071 frs-core:PlantMachinery 2024-02-29 05366071 frs-core:ShareCapital 2025-02-28 05366071 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05366071 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05366071 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05366071 frs-bus:SmallEntities 2024-03-01 2025-02-28 05366071 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05366071 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05366071 frs-bus:Director1 2024-03-01 2025-02-28 05366071 frs-countries:EnglandWales 2024-03-01 2025-02-28 05366071 2023-02-28 05366071 2024-02-29 05366071 2023-03-01 2024-02-29 05366071 frs-core:CurrentFinancialInstruments 2024-02-29 05366071 frs-core:Non-currentFinancialInstruments 2024-02-29 05366071 frs-core:BetweenOneFiveYears 2024-02-29 05366071 frs-core:ShareCapital 2024-02-29 05366071 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 05366071
Wyn Thomas Heating Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
A J Foligno FCCA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05366071
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 180,211 167,420
180,211 167,420
CURRENT ASSETS
Stocks 5 87,500 87,500
Debtors 6 19,990 29,478
Cash at bank and in hand 44,413 32,453
151,903 149,431
Creditors: Amounts Falling Due Within One Year 7 (8,311 ) (11,333 )
NET CURRENT ASSETS (LIABILITIES) 143,592 138,098
TOTAL ASSETS LESS CURRENT LIABILITIES 323,803 305,518
Creditors: Amounts Falling Due After More Than One Year 8 (37,149 ) (6,502 )
NET ASSETS 286,654 299,016
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 286,653 299,015
SHAREHOLDERS' FUNDS 286,654 299,016
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For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Wyn Thomas
Director
30/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wyn Thomas Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05366071 . The registered office is Ffynnon Dalys, Dihewyd, Lampeter, SA48 7QR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15%
Motor Vehicles 25%
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2024 475,750 18,415 494,165
Additions - 108,000 108,000
Disposals (65,000 ) - (65,000 )
As at 28 February 2025 410,750 126,415 537,165
Depreciation
As at 1 March 2024 315,792 10,953 326,745
Provided during the period 28,344 1,865 30,209
As at 28 February 2025 344,136 12,818 356,954
Net Book Value
As at 28 February 2025 66,614 113,597 180,211
As at 1 March 2024 159,958 7,462 167,420
5. Stocks
2025 2024
£ £
Finished goods 87,500 87,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 19,990 29,478
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,311 11,333
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 30,800 4,981
Directors loan account 6,349 1,521
37,149 6,502
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 30,800 4,981
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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