| Registered Number:SC662217 |
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
For the year ended 31 March 2025
NC Heating Services Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
NC Heating Services Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
841
4,537
2
841
4,537
10,000
10,000
3
| Trade and other receivables |
9,990
4,909
4
42,826
| Cash and cash equivalents |
56,268
71,177
62,816
| Trade and other payables: amounts falling due within one |
| year |
(22,958)
(21,958)
5
39,858
49,219
Net current assets
| Total assets less current liabilities |
50,060
44,395
50,060
Net assets
44,395
1
1
50,059
44,394
50,060
44,395
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. |
| Mr Nicholas Iain Combe Director |
| These financial statements were approved and authorised for issue by the Board on 27 August 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
NC Heating Services Ltd
Notes to the Financial Statements
Statutory Information
| NC Heating Services Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC662217. |
55 Northfield Farm Road
Edinburgh
Lothian
EH8 7QS
| 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. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
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: |
Plant and Machinery
Motor Vehicles
| 2. Property, plant and equipment |
18,474
15,207
3,267
3,267
15,207
18,474
| Provision for depreciation and impairment |
13,937
12,165
1,772
Charge for year
3,696
3,042
654
17,633
15,207
2,426
841
-
841
1,495
3,042
4,537
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For the year ended 31 March 2025
NC Heating Services Ltd
Notes to the Financial Statements Continued
2024
2025
10,000
10,000
| 4. Trade and other receivables |
2024
2025
4,909
9,990
| Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment. |
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
11,302
15,588
10,656
7,370
21,958
22,958
| Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
| 6. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 1)
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