REGISTERED NUMBER: 06194682 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

W-heat Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Wheat

Mrs C L Wheat

SECRETARY:

Mrs C L Wheat

REGISTERED OFFICE:

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

REGISTERED NUMBER:

06194682 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Tangible assets

4

79,415

48,644

CURRENT ASSETS

Stocks

350

300

Debtors

5

7,032

11,730

Cash at bank and in hand

143,490

166,124

150,872

178,154

CREDITORS

Amounts falling due within one year

6

81,299

82,152

NET CURRENT ASSETS

69,573

96,002

TOTAL ASSETS LESS CURRENT LIABILITIES

148,988

144,646

CREDITORS

Amounts falling due after more than one year

7

(6,886

)

(17,719

)

PROVISIONS FOR LIABILITIES

(15,089

)

(9,972

)

NET ASSETS

127,013

116,955

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

127,009

116,951

SHAREHOLDERS' FUNDS

127,013

116,955

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

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 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 18 December 2025 and were signed on its behalf by:

N Wheat - Director

1.	STATUTORY INFORMATION

W-heat 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.

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

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

3,454

99,588

7,971

111,013

Additions

6,886

51,200

536

58,622

Disposals

-

(21,995

)

-

(21,995

)

At 31 March 2025

10,340

128,793

8,507

147,640

DEPRECIATION

At 1 April 2024

863

56,150

5,356

62,369

Charge for year

2,370

17,486

788

20,644

Eliminated on disposal

-

(14,788

)

-

(14,788

)

At 31 March 2025

3,233

58,848

6,144

68,225

NET BOOK VALUE

At 31 March 2025

7,107

69,945

2,363

79,415

At 31 March 2024

2,591

43,438

2,615

48,644

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,717

8,515

Other debtors

3,315

3,215

7,032

11,730

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,614

10,614

Trade creditors

32,068

26,179

Taxation and social security

29,832

36,350

Other creditors

8,785

9,009

81,299

82,152

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,886

17,719