Blueflame Heatplan Limited - Filleted accounts

Registered number

04319201

Blueflame Heatplan Limited

Filleted Accounts

31 May 2025

Blueflame Heatplan Limited
Registered number:		04319201
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		55,614			73,468

Current assets
Stocks		26,550			21,350
Debtors	4	284,223			56,034
Cash at bank and in hand		100,316			242,091
		411,089			319,475

Creditors: amounts falling due within one year	5	(131,676)			(120,216)

Net current assets			279,413			199,259

Total assets less current liabilities			335,027			272,727

Creditors: amounts falling due after more than one year	6		(4,373)			(14,145)

Provisions for liabilities			(13,903)			(16,826)


Net assets			316,751			241,756

Capital and reserves
Called up share capital			4			4
Profit and loss account			316,747			241,752

Shareholders' funds			316,751			241,756

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




W J Beevers
Director
Approved by the board on 11 September 2025

Blueflame Heatplan Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					20		19


3	Tangible fixed assets
		Office Equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2024	7,991		5,194		184,983		198,168
	At 31 May 2025	7,991		5,194		184,983		198,168

	Depreciation
	At 1 June 2024	4,421		3,636		116,643		124,700
	Charge for the year	535		234		17,085		17,854
	At 31 May 2025	4,956		3,870		133,728		142,554

	Net book value
	At 31 May 2025	3,035		1,324		51,255		55,614
	At 31 May 2024	3,570		1,558		68,340		73,468


4	Debtors					2025		2024
£							£

	Trade debtors					46,337		49,825
	Other debtors					237,886		6,209
						284,223		56,034


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,000		10,000
	Obligations under finance lease and hire purchase contracts					-		3,394
	Taxation and social security costs					81,405		68,258
	Other creditors					40,271		38,564
						131,676		120,216


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					4,373		14,145


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					-		3,394




8	Pension commitments

	The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents employer contributions payable by the company to the fund and amounted to £ 16,984 (2024 - £13,923). There no contributions outstanding or prepaid at the period end.


9	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		3,979


#	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	W J Beevers
	Loan	-		199,889		-		199,889

		-		199,889		-		199,889


11	Related party transactions

	Included in other debtors is £31,787 loaned to a related company.


#	Controlling party

	The company was under the control of Mr W J Beevers and Mr S J Beevers throughout the period under review.


#	Other information

	Blueflame Heatplan Limited is a private company limited by shares and incorporated in England. Its registered office is:
	290a Chatsworth Road
	Chesterfield
	Derbyshire
	S40 2BY