Company Registration No. 08854528 (England and Wales)
Nrg Heating Installations Limited
Unaudited accounts
for the year ended 31 January 2025
Nrg Heating Installations Limited
Unaudited accounts
Contents
Nrg Heating Installations Limited
Company Information
for the year ended 31 January 2025
Company Number
08854528 (England and Wales)
Registered Office
2 Argyle Terrace
Newbiggin-By-The-Sea
NE64 6PR
United Kingdom
Accountants
Payroll Simple Limited
1 Broadway
Lemington
Newcastle upon Tyne
NE15 7JY
Nrg Heating Installations Limited
Statement of financial position
as at 31 January 2025
Tangible assets
28,705
21,671
Cash at bank and in hand
(17,794)
(17,016)
Creditors: amounts falling due within one year
(58,895)
(38,951)
Net current assets/(liabilities)
7,082
(11,560)
Total assets less current liabilities
35,787
10,111
Creditors: amounts falling due after more than one year
(35,088)
(21,653)
Net assets/(liabilities)
699
(11,542)
Called up share capital
100
100
Profit and loss account
599
(11,642)
Shareholders' funds
699
(11,542)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 October 2025 and were signed on its behalf by
Lee Hutchinson
Director
Company Registration No. 08854528
Nrg Heating Installations Limited
Notes to the Accounts
for the year ended 31 January 2025
Nrg Heating Installations Limited is a private company, limited by shares, registered in England and Wales, registration number 08854528. The registered office is 2 Argyle Terrace, Newbiggin-By-The-Sea, NE64 6PR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Nrg Heating Installations Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
34,505
852
35,357
Disposals
(3,248)
-
(3,248)
At 31 January 2025
49,286
852
50,138
At 1 February 2024
13,376
310
13,686
Charge for the year
7,503
244
7,747
At 31 January 2025
20,879
554
21,433
At 31 January 2025
28,407
298
28,705
At 31 January 2024
21,129
542
21,671
Amounts falling due after more than one year
Trade debtors
12,304
3,945
Other debtors
10,467
9,462
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,162
3,250
Trade creditors
49,489
25,298
Taxes and social security
3,844
2,479
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
34,561
21,095
Loans from directors
-
(2,692)
8
Average number of employees
During the year the average number of employees was 6 (2024: 5).