| BARLOW HEATING LIMITED |
| Registered number: |
12813076 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
2,206 |
|
|
2,648 |
| Tangible assets |
4 |
|
|
16,153 |
|
|
21,537 |
|
|
|
|
18,359 |
|
|
24,185 |
|
| Current assets |
| Stocks |
|
|
2,000 |
|
|
2,000 |
| Debtors |
5 |
|
20,151 |
|
|
23,058 |
| Cash at bank and in hand |
|
|
1,992 |
|
|
4,804 |
|
|
|
24,143 |
|
|
29,862 |
|
| Creditors: amounts falling due within one year |
6 |
|
(36,115) |
|
|
(28,350) |
|
| Net current (liabilities)/assets |
|
|
|
(11,972) |
|
|
1,512 |
|
| Total assets less current liabilities |
|
|
|
6,387 |
|
|
25,697 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(15,935) |
|
|
(19,659) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(9,548) |
|
|
6,038 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(9,550) |
|
|
6,036 |
|
| Shareholders' funds |
|
|
|
(9,548) |
|
|
6,038 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| A Barlow |
| Director |
| Approved by the board on 29 May 2026 |
|
| BARLOW HEATING LIMITED |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Going concern |
|
At the time of approving the financial statements, the directors have assessed the working capital needs of the company and concluded it has adequate resources to continue in operational existence for the foreseeable future and will be able to meet all liabilities as they fall due. The directors have agreed to continue to support the company by providing loans as required. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 September 2024 |
4,416 |
|
At 31 August 2025 |
4,416 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2024 |
1,768 |
|
Provided during the year |
442 |
|
At 31 August 2025 |
2,210 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
2,206 |
|
At 31 August 2024 |
2,648 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
Fixtures & Fittings |
|
Office Equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
4,666 |
|
547 |
|
29,517 |
|
34,730 |
|
At 31 August 2025 |
4,666 |
|
547 |
|
29,517 |
|
34,730 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
- |
|
280 |
|
12,913 |
|
13,193 |
|
Charge for the year |
1,166 |
|
67 |
|
4,151 |
|
5,384 |
|
At 31 August 2025 |
1,166 |
|
347 |
|
17,064 |
|
18,577 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
3,500 |
|
200 |
|
12,453 |
|
16,153 |
|
At 31 August 2024 |
4,666 |
|
267 |
|
16,604 |
|
21,537 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
16,241 |
|
11,018 |
|
Other debtors |
3,910 |
|
12,040 |
|
|
|
|
|
|
20,151 |
|
23,058 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
3,725 |
|
3,725 |
|
Trade creditors |
15,478 |
|
2,751 |
|
Directors loan account |
|
(9,147) |
|
1,402 |
|
Corporation tax |
24,898 |
|
23,136 |
|
Value Added Tax |
1,161 |
|
(3,864) |
|
Other creditors |
- |
|
1,200 |
|
|
|
|
|
|
36,115 |
|
28,350 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
15,935 |
|
19,659 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Hire pruchase contracts |
19,660 |
|
23,384 |
|
|
|
|
|
|
|
|
|
|
The hire purchase liability is secured upon the asset which is being purchased. |
|
|
| 9 |
Other information |
|
|
BARLOW HEATING LIMITED is a private company limited by shares and incorporated in England. |
|
The Warehouse |
|
Rear of 25 Southcote Road |
|
Bournemouth |
|
Dorset |
|
BH1 3SH |