REGISTERED NUMBER: 07787712 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 MARCH 2025

FOR

MTH HEATING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

24,489

3,052

24,489

3,052

CURRENT ASSETS

Stocks

443

12,715

Debtors

6

51,603

266,183

Cash at bank

5,434

73,349

57,480

352,247

CREDITORS

Amounts falling due within one year

7

94,512

321,254

NET CURRENT (LIABILITIES)/ASSETS

(37,032

)

30,993

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,543

)

34,045

CREDITORS

Amounts falling due after more than one year

8

(21,965

)

(11,305

)

PROVISIONS FOR LIABILITIES

-

(329

)

NET (LIABILITIES)/ASSETS

(34,508

)

22,411

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

(34,708

)

22,211

SHAREHOLDERS' FUNDS

(34,508

)

22,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

M T Harry - Director

1.	STATUTORY INFORMATION

MTH Heating LImited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07787712

Registered office:

14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the time of approving the financial statements, the directors have a reasonable expectation that the companyhas adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

50% on cost

Computer equipment

-

50% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 31 March 2025

37,500

AMORTISATION

At 1 October 2023

and 31 March 2025

37,500

NET BOOK VALUE

At 31 March 2025

-

At 30 September 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

9,445

Additions

29,600

At 31 March 2025

39,045

DEPRECIATION

At 1 October 2023

6,393

Charge for period

8,163

At 31 March 2025

14,556

NET BOOK VALUE

At 31 March 2025

24,489

At 30 September 2023

3,052

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/9/23

£

£

Trade debtors

19,288

-

Amounts recoverable on contract

-

177,040

Other debtors

32,315

89,143

51,603

266,183

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

30/9/23

£

£

Bank loans and overdrafts

5,252

4,990

Hire purchase contracts

4,894

-

Trade creditors

29,303

244,347

Taxation and social security

10,627

33,722

Other creditors

44,436

38,195

94,512

321,254

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

30/9/23

£

£

Bank loans

4,149

11,305

Hire purchase contracts

17,816

-

21,965

11,305

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

30/9/23

value:

£

£

200

Ordinary

£1

200

200