01008529 false plumbing and heating engineers 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2024-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-03-31 http://www.companieshouse.gov.uk/cd:Director1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-03-31 http://www.companieshouse.gov.uk/pt:MotorCars 2024-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:MotorCars 2025-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-03-31 http://www.companieshouse.gov.uk/2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 01008529
George Thompson (Heating) Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

George Thompson (Heating) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Mr I J Graham
SECRETARY
Mr M J Thompson
REGISTERED OFFICE
164 Lansdowne Crescent
Carlisle
CA3 9ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01008529
BANKERS
HSBC plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

George Thompson (Heating) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

George Thompson (Heating) Limited

BALANCE SHEET AT 31/03/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 2 |  |  |  | 22,840 |  |  |  | 16,949
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 109,415 |  |  |  | 112,339 |  |
Debtors |  | 3 |  | 27,732 |  |  |  | 35,165 |  |
Cash at bank and in hand |  |  |  | 673,050 |  |  |  | 617,166 |  |
|  |  |  | 810,197 |  |  |  | 764,670 |  |
CREDITORS: Amounts falling due within one year |  | 4 |  | 204,990 |  |  |  | 228,380 |  |
NET CURRENT ASSETS |  |  |  |  |  | 605,207 |  |  |  | 536,290
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 628,047 |  |  |  | 553,239
PROVISIONS FOR LIABILITIES AND CHARGES |  |  |  |  |  | 5,710 |  |  |  | 4,237
NET ASSETS |  |  |  |  |  | 622,337 |  |  |  | 549,002
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  |  | 1,000 |  |  |  | 1,000
Profit and loss account |  |  |  |  |  | 621,337 |  |  |  | 548,002
SHAREHOLDERS' FUNDS |  |  |  |  |  | 622,337 |  |  |  | 549,002
For the year ending 31/03/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/07/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mr I J Graham |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

George Thompson (Heating) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery |  | reducing balance 15%
Equipment |  | reducing balance 15%
Motor Vehicles |  | reducing balance 25%

1c. Stocks
Stock and work in progress are valued at the lower of cost and net estimated selling price less selling costs. For raw materials, cost is based on the weighted average purchase price. For work in progress, cost is taken as production cost which includes an appropriate proportion of attributable overheads.

1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain.

1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Invoices are raised upon the provision of services and the despatch of goods.

George Thompson (Heating) Limited

1g. Leases
Assets held under hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the agreement.
All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

2. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |
|  | Plant and |  |  |  |  |  |
|  | Machinery |  | Equipment |  | Motor Vehicles |  | Total
|  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |
At 01/04/2024 |  | 5,153 |  | 16,472 |  | 56,800 |  | 78,425
Additions |  | - |  | - |  | 13,459 |  | 13,459
At 31/03/2025 |  | 5,153 |  | 16,472 |  | 70,259 |  | 91,884
Depreciation |  |  |  |  |  |  |  |
At 01/04/2024 |  | 5,143 |  | 16,133 |  | 40,200 |  | 61,476
For the year |  | 2 |  | 51 |  | 7,515 |  | 7,568
At 31/03/2025 |  | 5,145 |  | 16,184 |  | 47,715 |  | 69,044
Net Book Amounts |  |  |  |  |  |  |  |
At 31/03/2025 |  | 8 |  | 288 |  | 22,544 |  | 22,840
At 31/03/2024 |  | 10 |  | 339 |  | 16,600 |  | 16,949

3. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 7,104 |  | 12,236
VAT |  |  |  | 16,922 |  | 19,362
Prepayments |  |  |  | 3,706 |  | 3,567
|  |  |  | 27,732 |  | 35,165

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 20,400 |  | 16,714
Other tax and social security creditors |  |  |  | 5,230 |  | 11,483
Directors current account |  |  |  | 47,889 |  | 48,699
Trade creditors |  |  |  | 79,811 |  | 90,123
Other creditors |  |  |  | 31,199 |  | 41,199
Accruals |  |  |  | 20,461 |  | 20,162
|  |  |  | 204,990 |  | 228,380

George Thompson (Heating) Limited

5. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 8 |  | 8

6. RELATED PARTY TRANSACTIONS
The director received total remuneration of £20,000 during the year (2024 - £Nil).
No dividends were paid to the director and owners holding a participating interest during the year (2024 - £Nil).
At the balance sheet date total loans of £63,088 (2024 - £89,898) were owed to the director and owners holding a participating interest. The loans are interest free, unsecured and repayable on demand.

7. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 01008529.
The company's registered office is 164 Lansdowne Crescent, Carlisle CA3 9ER.