Owens HVAC Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15886788

Owens HVAC Limited

Filleted Unaudited Financial Statements

31 August 2025

Owens HVAC Limited

Financial Statements

Period from 8th August 2024 to 31st August 2025

Contents	Page

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements	1

Statement of Financial Position	2

Notes to the Financial Statements	4

Owens HVAC Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Owens HVAC Limited

Period from 8th August 2024 to 31st August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Owens HVAC Limited for the period ended 31st August 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Owens HVAC Limited, as a body, in accordance with the terms of our engagement letter dated 8th August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Owens HVAC Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Owens HVAC Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Owens HVAC Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Owens HVAC Limited. You consider that Owens HVAC Limited is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Owens HVAC Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MJ GREEN ACCOUNTANCY SERVICES LTD Chartered Certified Accountants

Unit 10 Silver End Business Park Brettell Lane Brierley Hill West Midlands DY5 3LG

6 May 2026

Owens HVAC Limited

Statement of Financial Position

31 August 2025

	31 Aug 25
Note	£

Fixed Assets

Tangible assets	5	7,338

Current Assets

Debtors	6	1,554
Cash at bank and in hand		5,976
		-------
		7,530

Creditors: amounts falling due within one year	7	12,762
		--------
Net Current Liabilities		5,232
		-------
Total Assets Less Current Liabilities		2,106
		-------
Net Assets		2,106
		-------

Capital and Reserves

Called up share capital	1
Profit and loss account	2,105
	-------
Shareholders Funds	2,106
	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31st August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Owens HVAC Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 6 May 2026 , and are signed on behalf of the board by:

L Owen	K Ward
Director	Director

Company registration number: 15886788

Owens HVAC Limited

Notes to the Financial Statements

Period from 8th August 2024 to 31st August 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30 Ellowes Road, Dudley, West Midlands, DY3 2LE.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Employee Numbers

The average number of persons employed by the company during the period amounted to 2 .

5. Tangible Assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 8th August 2024	–	–	–
Additions	383	9,350	9,733
	----	-------	-------
At 31st August 2025	383	9,350	9,733
	----	-------	-------
Depreciation
At 8th August 2024	–	–	–
Charge for the period	57	2,338	2,395
	----	-------	-------
At 31st August 2025	57	2,338	2,395
	----	-------	-------
Carrying amount
At 31st August 2025	326	7,012	7,338
	----	-------	-------

6. Debtors

	31 Aug 25
	£
Trade debtors	1,554
	-------

7. Creditors: amounts falling due within one year

	31 Aug 25
	£
Social security and other taxes	1,103
Other creditors	11,659
	--------
	12,762
	--------

8. Directors' Advances, Credits and Guarantees

During the period the directors entered into the following advances and credits with the company:

	31 Aug 25
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
L Owen	–	( 19,461)	8,452	( 11,009)
	----	--------	-------	--------

The credits to the director were made on an interest free basis and are repayable on demand.