1 April 2024 v2025.83.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC2964302024-04-012025-03-31SC2964302025-03-31SC2964302024-03-31SC296430core:WithinOneYear2025-03-31SC296430core:WithinOneYear2024-03-31SC296430core:AfterOneYear2025-03-31SC296430core:AfterOneYear2024-03-31SC296430core:ShareCapital2025-03-31SC296430core:ShareCapital2024-03-31SC296430core:RetainedEarningsAccumulatedLosses2025-03-31SC296430core:RetainedEarningsAccumulatedLosses2024-03-31SC296430bus:Director12024-04-012025-03-31SC296430bus:RegisteredOffice2024-04-012025-03-31SC2964302023-04-012024-03-31SC2964302024-04-01SC29643012024-04-012025-03-31SC296430countries:Scotland2024-04-012025-03-31SC296430bus:AuditExemptWithAccountantsReport2024-04-012025-03-31SC296430bus:PrivateLimitedCompanyLtd2024-04-012025-03-31SC296430bus:SmallEntities2024-04-012025-03-31SC296430bus:AbridgedAccounts2024-04-012025-03-31
Company registration number:
SC296430
Heat Central Ltd.
Unaudited Filleted Abridged Financial Statements for the year ended
31 March 2025
Heat Central Ltd.
Abridged Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
7,527
 
14,589
 
Current assets    
Debtors
47,988
 
48,536
 
Cash at bank and in hand
618
 
(1,386
 )
48,606
 
47,150
 
Creditors: amounts falling due within one year
(70,533
 )
(65,575
 )
Net current liabilities
(21,927
 )
(18,425
 )
Total assets less current liabilities (14,400 ) (3,836 )
Creditors: amounts falling due after more than one year
(10,020
 )
(13,500
 )
Provisions for liabilities
(3,437
 )
(3,437
 )
Net liabilities
(27,857
 )
(20,773
 )
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
(27,859
 )
(20,775
 )
Shareholders deficit
(27,857
 )
(20,773
 )
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position for the year ended
31 March 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
22 December 2025
, and are signed on behalf of the board by:
Mr N Carley
Director
Company registration number:
SC296430
Heat Central Ltd.
Notes to the Abridged Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
30 Old Carlisle Road
,
Moffat
,
DG10 9QJ
, Scotland.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2024:
2
).

5 Fixed assets

Tangible assets
£
Cost  
At
1 April 2024
and
31 March 2025
49,394
 
Depreciation  
At
1 April 2024
34,805
 
Charge
7,062
 
At
31 March 2025
41,867
 
Carrying amount  
At
31 March 2025
7,527
 
At 31 March 2024
14,589