Company registration number: 05594330
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
The Discreteheat Company Limited
Pages for filing with the Registrar
Company registration number: 05594330
The Discreteheat Company Limited
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 101,616 110,980
Tangible assets 5 121,418 177,462
223,034 288,442
Current assets
Stocks 143,552 143,552
Debtors 6 99,487 85,537
Cash at bank and in hand - 709
243,039 229,798
Creditors: amounts falling due within one
year 		7 (450,923) (493,734)
Net current liabilities (207,884) (263,936)
Total assets less current liabilities 15,150 24,506
Creditors: Amounts falling due after more
than one year 		8 (714,537) (764,078)
NET LIABILITIES (699,387) (739,572)
Capital and reserves
Called up share capital 106 106
Share premium account 95 95
Profit and loss account (699,588) (739,773)
TOTAL EQUITY (699,387) (739,572)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05594330
The Discreteheat Company Limited
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 22 June 2026 and signed on its behalf by:
M Wadsworth, Director
22 June 2026
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The Discreteheat Company Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
The Discreteheat Company Limited is a private company registered in England and Wales. Its registered number is 05594330. The company is limited by shares. Its registered office is Bollin Lodge, The Village, Prestbury, SK10 4DG.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents and licences - Typically, patents are amortised on a straight line basis
over 20 years.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Short leasehold property - 20% reducing balance
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance
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The Discreteheat Company Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 18 (2024 - 19).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 January 2025 276,837
Additions 4,714
At 31 December 2025 281,551
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The Discreteheat Company Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Intangible assets - continued
Amortisation
At 1 January 2025 165,857
Charge for year 14,078
At 31 December 2025 179,935
Net book value
At 31 December 2025 101,616
At 31 December 2024 110,980
Revalued assets
No intangible assets have been revalued
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 January 2025 41,996 424,313 466,309
Disposals - (40,994) (40,994)
At 31 December 2025 41,996 383,319 425,315
Depreciation
At 1 January 2025 20,141 268,706 288,847
Charge for year 4,171 34,578 38,749
Eliminated on disposal - (23,699) (23,699)
At 31 December 2025 24,312 279,585 303,897
Net book value
At 31 December 2025 17,684 103,734 121,418
At 31 December 2024 21,855 155,607 177,462
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The Discreteheat Company Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
6 Debtors
2025 2024
£ £
Trade debtors 83,209 73,339
Taxation 11,378 4,998
Prepayments and accrued income 4,900 7,200
99,487 85,537
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 219,762 152,492
Other loans 4,284 4,284
Hire purchase and finance leases 22,517 43,044
Trade creditors 167,582 168,927
Other creditors 659 53,437
VAT payable 13,125 17,663
Social security and other tax 14,845 38,873
Accruals and deferred income 8,149 15,014
450,923 493,734
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 131,729 176,023
Other loans 227,075 214,120
Hire purchase and finance leases 80,934 109,725
Other creditors 274,799 264,210
714,537 764,078
9 Secured debts
Included within creditors are bank borrowings of £172,329 (2024 - £85,859) and HP creditors of £103,451 (2024 - £97,625) secured on assets of the company.
10 Capital commitments
The company has entered into a lease in respect of the premises it occupies. The lease has a five year term but is cancellable with 12 months notice. The annual rent is circa £39,000
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The Discreteheat Company Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
11 Company funding
Included with Creditors due after more than one year is £506,158 (2024 - £478,330), which represents funding from key management personnel, shareholders and related parties and has no specified repayment date. The funders have pledged to support the ongoing development of the business.
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