Silverfin false false 30/06/2025 01/07/2024 30/06/2025 S M Ali 12/05/2010 18 February 2026 The principal activity of the company during the year was providing services related to gas. 07251796 2025-06-30 07251796 bus:Director1 2025-06-30 07251796 2024-06-30 07251796 core:CurrentFinancialInstruments 2025-06-30 07251796 core:CurrentFinancialInstruments 2024-06-30 07251796 core:Non-currentFinancialInstruments 2025-06-30 07251796 core:Non-currentFinancialInstruments 2024-06-30 07251796 core:ShareCapital 2025-06-30 07251796 core:ShareCapital 2024-06-30 07251796 core:RetainedEarningsAccumulatedLosses 2025-06-30 07251796 core:RetainedEarningsAccumulatedLosses 2024-06-30 07251796 core:Vehicles 2024-06-30 07251796 core:ComputerEquipment 2024-06-30 07251796 core:Vehicles 2025-06-30 07251796 core:ComputerEquipment 2025-06-30 07251796 bus:OrdinaryShareClass1 2025-06-30 07251796 2024-07-01 2025-06-30 07251796 bus:FilletedAccounts 2024-07-01 2025-06-30 07251796 bus:SmallEntities 2024-07-01 2025-06-30 07251796 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 07251796 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 07251796 bus:Director1 2024-07-01 2025-06-30 07251796 core:Vehicles 2024-07-01 2025-06-30 07251796 core:ComputerEquipment core:TopRangeValue 2024-07-01 2025-06-30 07251796 2023-07-01 2024-06-30 07251796 core:ComputerEquipment 2024-07-01 2025-06-30 07251796 core:Non-currentFinancialInstruments 2024-07-01 2025-06-30 07251796 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 07251796 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 07251796 1 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07251796 (England and Wales)

# H.P. HEATING LIMITED

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

H.P. HEATING LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

H.P. HEATING LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 30 June 2025
H.P. HEATING LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 7,785 |  | 8,470
|  | 7,785 |  | 8,470
Current assets |  |  |  |
Stocks | 4 | 3,600 |  | 3,100
Debtors | 5 | 26,566 |  | 22,634
Cash at bank and in hand | 6 | 25,034 |  | 24,915
|  | 55,200 |  | 50,649
Creditors: amounts falling due within one year | 7 | ( 49,644) |  | ( 37,985)
Net current assets |  | 5,556 |  | 12,664
Total assets less current liabilities |  | 13,341 |  | 21,134
Creditors: amounts falling due after more than one year | 8 | 0 |  | ( 7,266)
Net assets |  | 13,341 |  | 13,868
Capital and reserves |  |  |  |
Called-up share capital | 9 | 100 |  | 100
Profit and loss account |  | 13,241 |  | 13,768
Total shareholder's funds |  | 13,341 |  | 13,868

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of H.P. Heating Limited (registered number: 07251796) were approved and authorised for issue by the Director. They were signed on its behalf by:

S M Ali Director |

18 February 2026

H.P. HEATING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
H.P. HEATING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

H.P. Heating Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles | 25 % reducing balance
Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the company is presented as equity.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including the director | 2 |  | 2

#### 3. Tangible assets

| Vehicles |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 July 2024 | 25,015 |  | 1,664 |  | 26,679
Additions | 0 |  | 2,076 |  | 2,076
At 30 June 2025 | 25,015 |  | 3,740 |  | 28,755
Accumulated depreciation |  |  |  |  |
At 01 July 2024 | 17,100 |  | 1,109 |  | 18,209
Charge for the financial year | 1,979 |  | 782 |  | 2,761
At 30 June 2025 | 19,079 |  | 1,891 |  | 20,970
Net book value |  |  |  |  |
At 30 June 2025 | 5,936 |  | 1,849 |  | 7,785
At 30 June 2024 | 7,915 |  | 555 |  | 8,470

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Work in progress | 3,600 |  | 3,100

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 11,466 |  | 11,888
Other debtors | 15,100 |  | 10,746
| 26,566 |  | 22,634

#### 6. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 25,034 |  | 24,915

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 7,696 |  | 8,519
Trade creditors | 11,374 |  | 7,691
Taxation and social security | 19,465 |  | 10,665
Other creditors | 11,109 |  | 11,110
| 49,644 |  | 37,985

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 0 |  | 7,266

There are no amounts included above in respect of which any security has been given by the small entity.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 10. Related party transactions

Included in other debtors, amounts falling due within one year, is an interest free amount of £15,100 (2024: £9,767) owed by the director.

#### 11. Ultimate controlling party

During the period under review, the company was under the control of the director.