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Company Registration No. 10985502 (England and Wales)
Turner Heating Ltd Unaudited accounts for the year ended 30 September 2025
Turner Heating Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Turner Heating Ltd Company Information for the year ended 30 September 2025
Director
TURNER, Simon Christopher
Company Number
10985502 (England and Wales)
Registered Office
64 Caldecott Chase Abingdon OX14 5GZ England
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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Turner Heating Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,434
7,246
Current assets
Inventories
-
2,538
Debtors
5
-
7,947
Cash at bank and in hand
5,090
5,347
5,090
15,832
Creditors: amounts falling due within one year
6
(9,879)
(13,208)
Net current (liabilities)/assets
(4,789)
2,624
Total assets less current liabilities
645
9,870
Creditors: amounts falling due after more than one year
7
-
(1,828)
Net assets
645
8,042
Capital and reserves
Called up share capital
100
100
Profit and loss account
545
7,942
Shareholders' funds
645
8,042
For the year ending 30 September 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 12 October 2025 and were signed on its behalf by
TURNER, Simon Christopher Director Company Registration No. 10985502
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Turner Heating Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Turner Heating Ltd is a private company, limited by shares, registered in England and Wales, registration number 10985502. The registered office is 64 Caldecott Chase, Abingdon, OX14 5GZ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Leased assets
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
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.
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Turner Heating Ltd Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
400
19,775
1,897
22,072
At 30 September 2025
400
19,775
1,897
22,072
Depreciation
At 1 October 2024
326
13,922
578
14,826
Charge for the year
19
1,463
330
1,812
At 30 September 2025
345
15,385
908
16,638
Net book value
At 30 September 2025
55
4,390
989
5,434
At 30 September 2024
74
5,853
1,319
7,246
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
7,385
Accrued income and prepayments
-
562
-
7,947
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,560
2,534
Obligations under finance leases and hire purchase contracts
2,300
2,773
Trade creditors
1,614
-
Taxes and social security
4,389
6,452
Loans from directors
16
99
Accruals
-
1,350
9,879
13,208
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
1,828
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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