Pipeline Heating Limited - Filleted accounts

Registered number

11917462

Pipeline Heating Limited

Filleted Accounts

31 March 2026

Pipeline Heating Limited
Registered number:		11917462
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		4,551			6,071

Current assets
Stocks		6,290			23,465
Debtors	4	7,700			9,426
Cash at bank and in hand		4,088			5,934
		18,078			38,825

Creditors: amounts falling due within one year	5	(16,826)			(44,615)

Net current assets/(liabilities)			1,252			(5,790)

Net assets			5,803			281

Capital and reserves
Called up share capital			100			100
Profit and loss account			5,703			181

Shareholders' funds			5,803			281

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.




D J Moss
Director
Approved by the board on 18 October 2026

Pipeline Heating Limited
Notes to the Accounts
for the year ended 31 March 2026


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.

	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:

	Fixtures, fittings, tools and equipment	25% reducing balance basis
	Vehicles	25% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	1,666		19,828		21,494
	At 31 March 2026	1,666		19,828		21,494

	Depreciation
	At 1 April 2025	1,216		14,207		15,423
	Charge for the year	115		1,405		1,520
	At 31 March 2026	1,331		15,612		16,943

	Net book value
	At 31 March 2026	335		4,216		4,551
	At 31 March 2025	450		5,621		6,071


4	Debtors			2026		2025
£					£

	Trade debtors			7,700		9,426


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			-		2,651
	Trade creditors			5,489		14,542
	Taxation and social security costs			9,334		13,639
	Other creditors			2,003		13,783
				16,826		44,615

6	Other information

	Pipeline Heating Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Kingswood Rise
	Four Marks
	Alton
	Hampshire
	GU34 5BL