| Registered Number:05466356 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Living Heat Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Living Heat Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
119,800
84,537
2
480,000
480,000
3
599,800
564,537
191,990
194,794
4
| Trade and other receivables |
89,360
173,192
5
215,980
| Cash and cash equivalents |
195,204
563,190
497,330
| Trade and other payables: amounts falling due within one |
| year |
(373,971)
(408,168)
6
123,359
155,022
Net current assets
| Total assets less current liabilities |
754,822
687,896
(32,320)
(27,405)
| Provisions for liabilities |
722,502
Net assets
660,491
100
100
(31,678)
(31,678)
7
754,080
692,069
722,502
660,491
Shareholders' funds
| For the year ended 31 March 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 08 September 2025 and were signed by: |
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For the year ended 31 March 2025
Living Heat Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Living Heat Limited
Notes to the Financial Statements
Statutory Information
| Living Heat Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05466356. |
Units 8 & 9 Trojan Industrial Estate
Borough Close
Paignton
Devon
TQ4 7EP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2025
Living Heat Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
234,248
160,563
73,685
-
52,365
10,362
-
42,003
42,003
73,685
170,925
286,613
| Provision for depreciation and impairment |
149,711
96,253
53,458
-
Charge for year
17,102
9,934
7,168
-
166,813
106,187
60,626
-
42,003
13,059
64,738
119,800
-
20,227
64,310
84,537
| 3. Investments held as fixed assets |
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
2024
2025
194,794
191,990
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For the year ended 31 March 2025
Living Heat Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
92,575
25,731
| Amounts owed by group undertakings and participating interests |
10,925
3,885
69,692
59,744
89,360
173,192
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
112,331
-
46,168
32,778
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
47,000
21,562
| Taxation and social security |
95,310
174,429
107,359
145,202
408,168
373,971
| Revaluation reserve at 01 April 2024 |
(31,678)
(31,678)
| Revaluation reserve at 31 March 2025 |
| 8. Related party transactions |
The company was under the control of Mr A Knight during this year.
| 9. Average number of persons employed |
During the year the average number of employees was 12 (2024 : 12)
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