REGISTERED NUMBER: 08267533 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

THERMOTECH PLUMBING & HEATING SERVICES

LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

R P Mackay

R A Mackay

REGISTERED OFFICE:

Ground Floor, Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

REGISTERED NUMBER:

08267533 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

4

6,205

7,697

CURRENT ASSETS

Stocks

1,750

1,633

Debtors

5

7,477

18,473

Cash at bank and in hand

12,051

183

21,278

20,289

CREDITORS

Amounts falling due within one year

6

17,842

11,393

NET CURRENT ASSETS

3,436

8,896

TOTAL ASSETS LESS CURRENT LIABILITIES

9,641

16,593

CREDITORS

Amounts falling due after more than one year

7

(767

)

(4,644

)

PROVISIONS FOR LIABILITIES

9

(1,179

)

(1,462

)

NET ASSETS

7,695

10,487

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

7,595

10,387

SHAREHOLDERS' FUNDS

7,695

10,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

R A Mackay - Director

1.	STATUTORY INFORMATION

Thermotech Plumbing & Heating Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

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.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

3,477

19,136

2,674

25,287

Additions

519

-

-

519

At 31 October 2025

3,996

19,136

2,674

25,806

DEPRECIATION

At 1 November 2024

3,012

11,904

2,674

17,590

Charge for year

203

1,808

-

2,011

At 31 October 2025

3,215

13,712

2,674

19,601

NET BOOK VALUE

At 31 October 2025

781

5,424

-

6,205

At 31 October 2024

465

7,232

-

7,697

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

19,136

DEPRECIATION

At 1 November 2024

11,904

Charge for year

1,808

At 31 October 2025

13,712

NET BOOK VALUE

At 31 October 2025

5,424

At 31 October 2024

7,232

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

4,308

15,304

CIS recoverable

3,169

3,169

7,477

18,473

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

1,810

1,766

Hire purchase contracts

2,365

3,441

Trade creditors

2,486

1,867

Corporation tax

7,201

1,886

Social security and other taxes

19

-

VAT

2,426

1,021

Directors' current accounts

80

12

Accrued expenses

1,455

1,400

17,842

11,393

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans - 1-2 years

767

1,810

Bank loans - 2-5 years

-

767

Hire purchase contracts

-

2,067

767

4,644

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/10/25

31/10/24

£

£

Bank loans

2,577

4,343

Bank loans and finance lease liabilities are secured against assets of the company.

9.	PROVISIONS FOR LIABILITIES

31/10/25

31/10/24

£

£

Deferred tax

Accelerated capital allowances

1,179

1,462

Deferred

tax

£

Balance at 1 November 2024

1,462

Provided during year

(283

)

Capital allowances

Balance at 31 October 2025

1,179

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

100

Ordinary

£1

100

100

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of the directors, who own 100% of the share capital.