HAZARD HEATING SERVICES LTD - Filleted accounts

Registered number

04590552

HAZARD HEATING SERVICES LTD

Filleted Accounts

31 March 2025

HAZARD HEATING SERVICES LTD
Registered number:		04590552

Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,294			1,728

Current assets
Cash at bank and in hand		-			5,740

Creditors: amounts falling due within one year	4	(12,289)			(23,106)

Net current liabilities			(12,289)			(17,366)

Net liabilities			(10,995)			(15,638)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(11,095)			(15,738)

Shareholders' funds			(10,995)			(15,638)

The director is 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 director acknowledges his 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.




P A Abel
Director
Approved by the board on 31 December 2025

HAZARD HEATING SERVICES LTD

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
	Office equipment and computers	33.33% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Office equipment and computers		Total
£			£		£
	Cost
	At 1 April 2024	8,727		32,675		41,402
	At 31 March 2025	8,727		32,675		41,402

	Depreciation
	At 1 April 2024	7,319		32,355		39,674
	Charge for the year	352		82		434
	At 31 March 2025	7,671		32,437		40,108

	Net book value
	At 31 March 2025	1,056		238		1,294
	At 31 March 2024	1,408		320		1,728


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

	Trade creditors			-		3,210
	Taxation and social security costs			1,177		933
	Other creditors			11,112		18,963
				12,289		23,106


5	Controlling party

	The company is under the control of P A Abel by virtue of his shareholding in the company.


6	Other information

	HAZARD HEATING SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	1st Floor
	119 High Street
	Selsey
	West Sussex
	PO20 0QB