Company Registration No. 14766434 (England and Wales)
G D Heating Services Ltd
Unaudited accounts
for the year ended 31 March 2025
G D Heating Services Ltd
Unaudited accounts
Contents
G D Heating Services Ltd
Company Information
for the year ended 31 March 2025
Director
Glyn Howard Drake
Company Number
14766434 (England and Wales)
Registered Office
6 Carr Hill Road
Calverley
Pudsey
LS28 5PZ
United Kingdom
Accountants
True North Accountancy Ltd
19 Forest Crescent
Illingworth
Halifax
West Yorkshire
HX2 8DS
G D Heating Services Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
4,208
4,633
Creditors: amounts falling due within one year
(8,181)
(1,291)
Net current assets
17,885
3,342
Called up share capital
1
1
Profit and loss account
19,001
3,341
Shareholders' funds
19,002
3,342
For the year ending 31 March 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 19 September 2025 and were signed on its behalf by
Glyn Howard Drake
Director
Company Registration No. 14766434
G D Heating Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
G D Heating Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14766434. The registered office is 6 Carr Hill Road, Calverley, Pudsey, LS28 5PZ, 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.
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.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
G D Heating Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
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
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,528
783
Loans from directors
330
8
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
Included in Other Debtors is £17,000 owed by Property Projections Ltd, a company that Mr G Drake holds a controlling interest in. The loan is repayable on demand.
G D Heating Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).