REGISTERED NUMBER: 04979417 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Techniheat Plant Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Roberts

Mrs A L Roberts

S P Welton

P M O'Sullivan

SECRETARY:

P M O'Sullivan

REGISTERED OFFICE:

Priory House

Ellesmere Avenue

Marple

Cheshire

SK6 7AN

REGISTERED NUMBER:

04979417 (England and Wales)

ACCOUNTANTS:

O'Sullivan Phillips Ltd

6 Fernlea Close

Hadfield

Glossop

Derbyhire

SK13 2EW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

244,280

264,633

244,280

264,633

CURRENT ASSETS

Stocks

59,016

38,374

Debtors

6

623,484

623,489

Cash at bank and in hand

623,733

548,314

1,306,233

1,210,177

CREDITORS

Amounts falling due within one year

7

536,384

437,875

NET CURRENT ASSETS

769,849

772,302

TOTAL ASSETS LESS CURRENT LIABILITIES

1,014,129

1,036,935

PROVISIONS FOR LIABILITIES

58,677

63,612

NET ASSETS

955,452

973,323

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

955,342

973,213

SHAREHOLDERS' FUNDS

955,452

973,323

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14th August 2025 and were signed on its behalf by:

P M O'Sullivan - Director

1.	STATUTORY INFORMATION

Techniheat Plant Services Limited is a private company, limited by shares , registered in England and Wales. 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 2004, 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 each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

262,500

AMORTISATION

At 1st April 2024

and 31st March 2025

262,500

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

72,309

47,905

439,742

106,938

666,894

Additions

2,959

-

69,633

19,744

92,336

Disposals

-

-

(113,949

)

(103,499

)

(217,448

)

At 31st March 2025

75,268

47,905

395,426

23,183

541,782

DEPRECIATION

At 1st April 2024

52,645

32,907

220,281

96,428

402,261

Charge for year

4,525

2,249

66,375

7,727

80,876

Eliminated on disposal

-

-

(90,353

)

(95,282

)

(185,635

)

At 31st March 2025

57,170

35,156

196,303

8,873

297,502

NET BOOK VALUE

At 31st March 2025

18,098

12,749

199,123

14,310

244,280

At 31st March 2024

19,664

14,998

219,461

10,510

264,633

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

552,346

583,871

Other debtors

71,138

39,618

623,484

623,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

9,918

13,349

Trade creditors

117,157

100,734

Taxation and social security

304,786

260,552

Other creditors

104,523

63,240

536,384

437,875

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

31/3/25

31/3/24

£

£

S J Roberts and Mrs A L Roberts

Balance outstanding at start of year

(42,278

)

(79,904

)

Amounts advanced

-

37,626

Amounts repaid

(28,044

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(70,322

)

(42,278

)

S P Welton

Balance outstanding at start of year

(5,199

)

(17,091

)

Amounts advanced

-

11,892

Amounts repaid

(4,503

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,702

)

(5,199

)

P M O'Sullivan

Balance outstanding at start of year

(8,264

)

(14,717

)

Amounts advanced

-

6,453

Amounts repaid

(4,984

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(13,248

)

(8,264

)