Company No: 02366154 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Davinia Jane Inman
	Nichola Louise Mitchell
	Shaun Lloyd Rowlands

REGISTERED OFFICE	Sheaf Close
	Lodge Farm Industrial Estate
	Northampton
	NN5 7UL
	United Kingdom

COMPANY NUMBER

02366154 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Eagle House
	28 Billing Road
	Northampton
	NN1 5AJ

BANKERS	HSBC Bank Plc
	22 Abington Street
	Northampton
	NN1 2AN

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	5	400,562		504,655
		400,562		504,655
Current assets
Stocks		53,354		50,897
Debtors	6	572,271		492,576
Cash at bank and in hand		390,418		441,734
		1,016,043		985,207
Creditors: amounts falling due within one year	7	( 287,957)		( 357,175)
Net current assets		728,086		628,032
Total assets less current liabilities		1,128,648		1,132,687
Creditors: amounts falling due after more than one year	8	( 27,346)		( 55,842)
Provision for liabilities		( 20,178)		( 20,178)
Net assets		1,081,124		1,056,667
Capital and reserves
Called-up share capital	9	900		900
Capital redemption reserve		30		30
Profit and loss account		1,080,194		1,055,737
Total shareholders' funds		1,081,124		1,056,667

For the financial year ending 30 September 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 financial year in accordance with section 476;
• The directors acknowledge 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 Profit and Loss Account has not been delivered.

The financial statements of Heat Treatments (Northampton) Limited (registered number: 02366154) were approved and authorised for issue by the Board of Directors on 08 May 2026. They were signed on its behalf by:

Nichola Louise Mitchell Director

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

Heat Treatments (Northampton) 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 Sheaf Close, Lodge Farm Industrial Estate, Northampton, NN5 7UL, 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.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

2 years straight line

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:

Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies above.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	29		27

4. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	30,000		30,000
At 30 September 2025	30,000		30,000
Accumulated amortisation
At 01 October 2024	30,000		30,000
At 30 September 2025	30,000		30,000
Net book value
At 30 September 2025	0		0
At 30 September 2024	0		0

5. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 October 2024	575,479		428,286		40,895		50,777		1,095,437
Additions	8,211		0		0		1,320		9,531
Disposals	( 4,405)		( 14,950)		0		0		( 19,355)
Transfers	( 3,450)		0		3,450		0		0
At 30 September 2025	575,835		413,336		44,345		52,097		1,085,613
Accumulated depreciation
At 01 October 2024	335,109		181,010		24,225		50,438		590,782
Charge for the financial year	38,466		59,307		4,933		333		103,039
Disposals	( 3,864)		( 4,906)		0		0		( 8,770)
Transfer	( 389)		0		389		0		0
At 30 September 2025	369,322		235,411		29,547		50,771		685,051
Net book value
At 30 September 2025	206,513		177,925		14,798		1,326		400,562
At 30 September 2024	240,370		247,276		16,670		339		504,655
Leased assets included above:
Net book value
At 30 September 2025	0		83,069		0		0		83,069
At 30 September 2024	0		110,759		0		0		110,759

6. Debtors

	2025		2024
	£		£
Trade debtors	523,328		446,683
Prepayments	39,916		34,954
Corporation tax	9,017		9,017
Other debtors	10		1,922
	572,271		492,576

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	83,070		185,946
Accruals	71,097		74,682
Other taxation and social security	101,485		61,854
Obligations under finance leases and hire purchase contracts (secured)	27,777		28,496
Other creditors	4,528		6,197
	287,957		357,175

The hire purchase contracts are secured on the assets to which they relate.

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

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	27,346		55,842

The hire purchase contracts are secured on the assets to which they relate.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
900 Ordinary shares of £ 1.00 each (2024: 650 shares of £ 1.00 each)	900		650
Nil Ordinary 'A' shares (2024: 250 shares of £ 1.00 each)	0		250
	900		900

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	52,500		52,500
between one and five years	181,250		233,750
Total future minimum lease payments under non-cancellable operating leases	233,750		286,250