Registration number: SC500181

Ventilation & Heating Supplies Limited

Contents

Company Information	1
Abridged Balance Sheet	2
Notes to the Unaudited Abridged Financial Statements	3 to 5

Ventilation & Heating Supplies Limited

Company Information

Director

Mr Neil Grant

Registered office

Unit 5 Whitequarries Industrial Estate Newton Broxburn West Lothian EH52 6PZ

Accountants

Bond CA 17-19 East London Street Edinburgh EH7 4ZD

Ventilation & Heating Supplies Limited

(Registration number: SC500181)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Current assets
Stocks	5	2,000	1,500
Debtors		348,597	645,672
Cash at bank and in hand		295,350	242,477
		645,947	889,649
Creditors: Amounts falling due within one year		(349,408)	(618,433)
Total assets less current liabilities		296,539	271,216
Accruals and deferred income		(1,790)	(1,701)
Net assets		294,749	269,515
Capital and reserves
Called up share capital	6	10	10
Retained earnings		294,739	269,505
Shareholders' funds		294,749	269,515

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 May 2026
 

......................................... Mr Neil Grant Director

Ventilation & Heating Supplies Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Unit 5 Whitequarries Industrial Estate
Newton
Broxburn
West Lothian
EH52 6PZ
Scotland

These financial statements were authorised for issue by the director on 26 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity company.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Ventilation & Heating Supplies Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Asset class	Depreciation method and rate
Furniture, fittings and equipment	25% straight line
Motor vehicles	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and bank deposits.

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

Ventilation & Heating Supplies Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	1,474	1,474
At 31 March 2026	1,474	1,474
Depreciation
At 1 April 2025	1,474	1,474
At 31 March 2026	1,474	1,474
Carrying amount
At 31 March 2026	-	-

5

Stocks

	2026 £	2025 £
Other inventories	2,000	1,500

6	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	10	10	10	10