Home-Heat (Gas and Oil) Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12160398

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,699		9,074

			12,699		9,074
CURRENT ASSETS
Stocks	5	5,222		4,130
Debtors	6	15,301		5,370
Cash at bank and in hand		53,590		53,200

		74,113		62,700
Creditors: Amounts Falling Due Within One Year	7	(57,161 )		(50,660 )

NET CURRENT ASSETS (LIABILITIES)			16,952		12,040

TOTAL ASSETS LESS CURRENT LIABILITIES			29,651		21,114

Creditors: Amounts Falling Due After More Than One Year	8		(699 )		-

NET ASSETS			28,952		21,114

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			28,852		21,014

SHAREHOLDERS' FUNDS			28,952		21,114

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Home-Heat (Gas and Oil) Solutions Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 directors acknowledge their 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

R J Hughes Director	C D Thurston Director	J L Thurston Director
24 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Home-Heat (Gas and Oil) Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12160398 . The registered office is Unit 11 White Lane Depot, Christleton, Chester, CH3 6AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.

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 rendering of plumbing and heating services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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	20% on cost
Motor Vehicles	25% on net book value

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.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

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 years 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.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

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Home-Heat (Gas and Oil) Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 September 2024	3,981	14,993	18,974
Additions	622	16,477	17,099
Disposals	-	(14,993 )	(14,993 )

As at 31 August 2025	4,603	16,477	21,080

Depreciation
As at 1 September 2024	3,341	6,559	9,900
Provided during the period	921	4,119	5,040
Disposals	-	(6,559 )	(6,559 )

As at 31 August 2025	4,262	4,119	8,381

Net Book Value
As at 31 August 2025	341	12,358	12,699

As at 1 September 2024	640	8,434	9,074

5. Stocks

	2025	2024
	£	£
Materials	5,222	4,130

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	15,155	5,097
Other debtors	146	273

	15,301	5,370

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,058	-
Trade creditors	15,272	15,615
Other creditors	25,259	19,834
Taxation and social security	14,572	15,211

	57,161	50,660

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Home-Heat (Gas and Oil) Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	699	-

9. Secured Creditors

Of the creditors the following amounts are secured. Security has been given over the asset in which the hire purchase liability relates to.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	2,757		-

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,058	-
Later than one year and not later than five years	699	-

	2,757	-

	2,757	-

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Transactions

The directors make an interest free loan available to the company of £23,936 (2024 - £18,571), repayable on demand.

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