MR HEATING MIDLANDS LIMITED - Filleted accounts

Registered number

12701856

MR HEATING MIDLANDS LIMITED

Report and Accounts

31 March 2025

MR HEATING MIDLANDS LIMITED
Registered number:		12701856
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		25,454			9,171

Current assets
Debtors	4	494,361			165,810
Cash at bank and in hand		-			10,148
		494,361			175,958

Creditors: amounts falling due within one year	5	(387,693)			(159,965)

Net current assets			106,668			15,993

Total assets less current liabilities			132,122			25,164

Creditors: amounts falling due after more than one year	6		(47,172)			-



Net assets			84,950			25,164

Capital and reserves
Called up share capital			100			100
Profit and loss account			84,850			25,064

Shareholders' funds			84,950			25,164

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Manjot Singh
Director
Approved by the board on 22 December 2025

MR HEATING MIDLANDS LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% Reducing balance method
	Motor vehicle	25% Reducing balance method


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			9		11


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	8,977		5,000		13,977
	Additions	3,331		17,898		21,229
	At 31 March 2025	12,308		22,898		35,206

	Depreciation
	At 1 April 2024	3,973		833		4,806
	Charge for the year	1,667		3,279		4,946
	At 31 March 2025	5,640		4,112		9,752

	Net book value
	At 31 March 2025	6,668		18,786		25,454
	At 31 March 2024	5,004		4,167		9,171


4	Debtors			2025		2024
£					£

	Trade debtors			12,500		165,260
	Other debtors			481,861		550
				494,361		165,810


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			33,485		18,384
	Trade creditors			257,126		105,566
	Taxation and social security costs			90,687		6,783
	Other creditors			6,395		29,232
				387,693		159,965



6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			47,172		-



7	Other information

	MR HEATING MIDLANDS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	49a Uppingham Road
	Leicester
	LE5 3TA