Discount Central Heating Supplies Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06978995

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Discount Central Heating Supplies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Simon Suckley

SECRETARY:

Stones Book Keeping Services (Sussex) Limited

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

06978995

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

5,160

6,453

5,160

6,453

CURRENT ASSETS

Debtors

6

1,401

-

Cash at bank

54,921

86,124

56,322

86,124

CREDITORS

Amounts falling due within one year

7

57,470

82,159

NET CURRENT (LIABILITIES)/ASSETS

(1,148

)

3,965

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,012

10,418

PROVISIONS FOR LIABILITIES

186

232

NET ASSETS

3,826

10,186

CAPITAL AND RESERVES

Called up share capital

500

Retained earnings

3,326

9,686

SHAREHOLDERS' FUNDS

3,826

10,186

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

The members have not required the company to obtain an audit of its financial statements for the year 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 15 October 2025 and were signed by:

Mr Simon Suckley - Director

1.	STATUTORY INFORMATION

Discount Central Heating Supplies Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

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 2009, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

11,950

AMORTISATION

At 1 April 2024

and 31 March 2025

11,950

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

16,104

16,174

11,681

43,959

Additions

-

(1

)

-

(1

)

At 31 March 2025

16,104

16,173

11,681

43,958

DEPRECIATION

At 1 April 2024

14,694

11,979

10,833

37,506

Charge for year

282

840

170

1,292

At 31 March 2025

14,976

12,819

11,003

38,798

NET BOOK VALUE

At 31 March 2025

1,128

3,354

678

5,160

At 31 March 2024

1,410

4,195

848

6,453

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

1,080

-

Prepayments

321

-

1,401

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts

4,681

1,853

Trade creditors

17,741

38,112

Tax

4,429

7,556

Social security and other taxes

-

31

VAT

9,485

10,771

Directors' loan accounts

21,134

22,971

Accrued expenses

-

865

57,470

82,159

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the Directors loan account shown on the balance sheet, had been loaned to the company for cash flow purposes. The loan is repayable on demand and there is therefore no interest being charged on the loan.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Simon Suckley.