Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03021405 Mr Mark Crozier Mr Richard Pinnock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03021405 2024-03-31 03021405 2025-03-31 03021405 2024-04-01 2025-03-31 03021405 frs-core:CurrentFinancialInstruments 2025-03-31 03021405 frs-core:Non-currentFinancialInstruments 2025-03-31 03021405 frs-core:ComputerEquipment 2025-03-31 03021405 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03021405 frs-core:ComputerEquipment 2024-03-31 03021405 frs-core:MotorVehicles 2025-03-31 03021405 frs-core:MotorVehicles 2024-04-01 2025-03-31 03021405 frs-core:MotorVehicles 2024-03-31 03021405 frs-core:PlantMachinery 2025-03-31 03021405 frs-core:PlantMachinery 2024-04-01 2025-03-31 03021405 frs-core:PlantMachinery 2024-03-31 03021405 frs-core:ShareCapital 2025-03-31 03021405 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03021405 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03021405 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03021405 frs-bus:SmallEntities 2024-04-01 2025-03-31 03021405 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03021405 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03021405 frs-bus:Director1 2024-04-01 2025-03-31 03021405 frs-bus:Director2 2024-04-01 2025-03-31 03021405 frs-core:CurrentFinancialInstruments 1 2025-03-31 03021405 frs-core:CurrentFinancialInstruments 3 2025-03-31 03021405 frs-countries:EnglandWales 2024-04-01 2025-03-31 03021405 2023-03-31 03021405 2024-03-31 03021405 2023-04-01 2024-03-31 03021405 frs-core:CurrentFinancialInstruments 2024-03-31 03021405 frs-core:Non-currentFinancialInstruments 2024-03-31 03021405 frs-core:ShareCapital 2024-03-31 03021405 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03021405 frs-core:CurrentFinancialInstruments 1 2024-03-31 03021405 frs-core:CurrentFinancialInstruments 3 2024-03-31
Registered number: 03021405
Capital Heating Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
MACRO ACCOUNTANCY LTD
Willows Holt Yard
Willows Holt, Willows Lane,
Sibsey, Boston
Lincolnshire
PE22 0TG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03021405
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 148,430 99,883
148,430 99,883
CURRENT ASSETS
Stocks 5 56,267 53,500
Debtors 6 793,262 506,025
Cash at bank and in hand 141,922 289,243
991,451 848,768
Creditors: Amounts Falling Due Within One Year 7 (239,270 ) (190,507 )
NET CURRENT ASSETS (LIABILITIES) 752,181 658,261
TOTAL ASSETS LESS CURRENT LIABILITIES 900,611 758,144
Creditors: Amounts Falling Due After More Than One Year 8 (1,667 ) (11,667 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (34,108 ) (21,933 )
NET ASSETS 864,836 724,544
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 864,736 724,444
SHAREHOLDERS' FUNDS 864,836 724,544
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Pinnock
Director
03/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Capital Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03021405 . The registered office is Unit 1B Copthall Farm, Breakspear Road South, Ickenham, Middlesex, UB10 8HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Computer Equipment 25% reducing balance basis
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 43,587 186,790 20,624 251,001
Additions 98,025 - - 98,025
As at 31 March 2025 141,612 186,790 20,624 349,026
Depreciation
As at 1 April 2024 20,020 111,828 19,270 151,118
Provided during the period 30,398 18,741 339 49,478
As at 31 March 2025 50,418 130,569 19,609 200,596
Net Book Value
As at 31 March 2025 91,194 56,221 1,015 148,430
As at 1 April 2024 23,567 74,962 1,354 99,883
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5. Stocks
2025 2024
£ £
Stock 56,267 53,500
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 538,065 478,824
Prepayments and accrued income 228,006 -
Other debtors 8,939 23,643
Other debtors - Rent deposit 1,500 1,500
Amounts owed by group undertakings 16,752 2,058
793,262 506,025
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 83,695 94,330
Bank loans and overdrafts 10,000 10,000
Corporation tax 44,743 20,200
Other taxes and social security 14,769 14,729
VAT 74,828 42,482
Other creditors - 4,529
Pension creditor 4,486 1,995
Accruals and deferred income 4,972 2,110
Directors' loan accounts 1,777 132
239,270 190,507
The company had taken out a business bounce back loan during Covid 19. This was unsecured and guaranteed by the government.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,667 11,667
The company had taken out a business bounce back loan during Covid 19. This was unsecured and guaranteed by the government.
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Mr J O'Byrne was a director and sole shareholder of C.H. Maintenance Service Limited.
C.H. Maintenace Service Limited provided goods and services to Capital Heating Ltd of £74,625 (2024: £65,078). 
Within trade debtors, the company was owed by C.H. Maintenance Service Limited £200,960 (2024: £200,960) at the financial year end.
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