Company Registration No. 11393668 (England and Wales)
Smart Heating Maintenance Ltd
Unaudited accounts
for the year ended 31 March 2026
Smart Heating Maintenance Ltd
Unaudited accounts
Contents
Smart Heating Maintenance Ltd
Company Information
for the year ended 31 March 2026
Directors
Pranav Thaker
Gurvinder Singh
Company Number
11393668 (England and Wales)
Registered Office
Basement
180 Shirland Road
London
W9 3JE
England
Accountants
HP Accountax Ltd
60 Tottenham Court Road, Suite 6583a,
Fitzrovia
London
W1T 2EW
Smart Heating Maintenance Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
73,758
58,615
Cash at bank and in hand
186,587
159,726
Creditors: amounts falling due within one year
(308,105)
(292,712)
Net current assets
81,011
58,399
Total assets less current liabilities
154,769
117,014
Creditors: amounts falling due after more than one year
(44,963)
(42,565)
Provisions for liabilities
Deferred tax
(6,598)
(2,812)
Called up share capital
100
100
Profit and loss account
103,108
71,537
Shareholders' funds
103,208
71,637
For the 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. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by
Pranav Thaker
Director
Company Registration No. 11393668
Smart Heating Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2026
Smart Heating Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11393668. The registered office is Basement, 180 Shirland Road, London, W9 3JE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A and the provisions applicable to companies subject to the small companies regime
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Smart Heating Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
111,189
16,007
127,196
At 31 March 2026
150,254
16,007
166,261
At 1 April 2025
62,555
6,026
68,581
Charge for the year
21,924
1,998
23,922
At 31 March 2026
84,479
8,024
92,503
At 31 March 2026
65,775
7,983
73,758
At 31 March 2025
48,634
9,981
58,615
Amounts falling due within one year
Trade debtors
49,844
38,129
Amounts falling due after more than one year
Other debtors
152,002
148,419
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
21,422
30,291
Obligations under finance leases and hire purchase contracts
8,825
-
Trade creditors
204,314
201,966
Taxes and social security
46,811
35,859
Loans from directors
12,424
324
Smart Heating Maintenance Ltd
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
19,119
-
Secured bank borrowings
The secured bank loan outstanding at 31 March 2026 was £45,491 (2025: £65,138), of which £19,647 (2025: 19,647) is included within creditors falling due within one year and £25,844 (2025 : £40,789) is included within creditors falling due after more than one year.
The loan is secured by a fixed and floating charge over all the assets, property and undertaking of the company. The charge contains a negative pledge.
8
Transactions with related parties
The company has an unsecured long-term loan to Prime Peak Property Ltd, a company under common control of the directors and shareholders.
The loan principal is £143,314 and bears interest at 2.5% per annum. Interest income of £3,582 was recognised during the year (2025: £3,582).
The balance outstanding at 31 March 2026 was £152,002 (2025: £148,419). No fixed repayment date has been agreed.
At 31 March 2026, the company owed its directors £12,424 (2025: £324). The amounts are interest-free, unsecured and repayable on demand.
9
Average number of employees
During the year the average number of employees was 8 (2025: 8).