Rung Heating Supplies (Holdings) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Rung Heating Supplies (Holdings) Limited

Balance Sheet

31 March 2026

	Note	2026 £	2025 £
Fixed assets
Investment property	4	939,959	441,972
Investments	5	313,938	313,938
		1,253,897	755,910
Current assets
Debtors	6	157,872	8,370
Cash at bank and in hand		1,349	17,511
		159,221	25,881
Creditors: Amounts falling due within one year	7	(998,025)	(571,074)
Net current liabilities		(838,804)	(545,193)
Total assets less current liabilities		415,093	210,717
Creditors: Amounts falling due after more than one year	7	(247,565)	-
Provisions for liabilities		(33,115)	-
Net assets		134,413	210,717
Capital and reserves
Called up share capital	9	3,000	3,000
Capital redemption reserve		198,000	198,000
Profit and loss account		(66,587)	9,717
Total equity		134,413	210,717

Rung Heating Supplies (Holdings) Limited

Balance Sheet

31 March 2026

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 September 2026
 

......................................... Mr M R Critchlow Director

Company Registration Number: 10592525

Rung Heating Supplies (Holdings) Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 4A, Marsh Lane
Henstridge Trading Estate
Henstridge
Templecombe
Somerset
BA8 0TG

These financial statements were authorised for issue by the director on 12 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 Section 1A, and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that, as disclosed in the accounting policies, certain items are shown at fair value.

The functional and presentational currency is pounds sterling.

Group accounts not prepared

The company is exempt from the requirement to prepare group accounts.

Revenue recognition

Turnover comprises rents received from the letting of property in the ordinary course of the company’s activities, and is shown net of value added tax.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Rung Heating Supplies (Holdings) Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are not publicly traded are measured at cost less impairment. Dividends on equity securities are recognised in income when receivable.

Financial instruments

Classification
The company holds the following financial instruments - Short term other debtors and creditors. All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

Rung Heating Supplies (Holdings) Limited

Notes to the Unaudited Financial Statements

Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2025 - 0).

4	Investment properties

	2026 £
At 1 April 2025	441,972
Additions	497,987
At 31 March 2026	939,959

There has been no valuation of investment property by an independent valuer.

5	Investments

	2026 £	2025 £
Investments in subsidiaries	313,938	313,938