01008529falseplumbing and heating engineers2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:MotorCars2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli: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 THEYEARENDED31/03/2025
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.