REGISTERED NUMBER: 08734957 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

GAS TEC Heating and Plumbing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D R Randall

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

08734957 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Tangible assets

4

7,893

12,443

CURRENT ASSETS

Stocks

5,650

2,000

Debtors

5

15,058

15,003

Cash at bank

28,437

21,432

49,145

38,435

CREDITORS

Amounts falling due within one year

6

23,828

16,400

NET CURRENT ASSETS

25,317

22,035

TOTAL ASSETS LESS CURRENT LIABILITIES

33,210

34,478

CREDITORS

Amounts falling due after more than one year

7

(9,954

)

(12,731

)

PROVISIONS FOR LIABILITIES

(1,500

)

(2,123

)

NET ASSETS

21,756

19,624

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

21,746

19,614

SHAREHOLDERS' FUNDS

21,756

19,624

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 director acknowledges his 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 director and authorised for issue on 30 July 2026 and were signed by:

D R Randall - Director

1.	STATUTORY INFORMATION

GAS TEC Heating and Plumbing 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 15% on reducing balance and Not provided

Stocks

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

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 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

42,423

Additions

1,620

Disposals

(13,166

)

At 31 October 2025

30,877

DEPRECIATION

At 1 November 2024

29,980

Charge for year

2,027

Eliminated on disposal

(9,023

)

At 31 October 2025

22,984

NET BOOK VALUE

At 31 October 2025

7,893

At 31 October 2024

12,443

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

270

7,223

Other debtors

14,788

7,780

15,058

15,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,778

2,778

Trade creditors

5,094

-

Taxation and social security

4,167

6,041

Other creditors

11,789

7,581

23,828

16,400

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

9,954

12,731

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

1,620

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

D R Randall

Balance outstanding at start of year

(4,689

)

(4,599

)

Amounts advanced

41,547

22,606

Amounts repaid

(34,525

)

(22,696

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,333

(4,689

)