COMPANY REGISTRATION NUMBER:
08603596
|
Precision Heating Limited |
|
|
Filleted Unaudited Financial Statements |
|
|
Precision Heating Limited |
|
|
Statement of Financial Position |
|
31 July 2026
|
2026 |
2025 |
|
£ |
£ |
|
Fixed assets |
291,268 |
317,493 |
|
--------- |
--------- |
|
|
|
|
Current assets |
531,531 |
351,036 |
|
|
|
|
Creditors: amounts falling due within one year |
122,180 |
80,627 |
|
--------- |
--------- |
|
Net current assets |
409,351 |
270,409 |
|
--------- |
--------- |
|
Total assets less current liabilities |
700,619 |
587,902 |
|
|
|
|
Creditors: amounts falling due after more than one year |
141,376 |
72,956 |
|
--------- |
--------- |
|
559,243 |
514,946 |
|
--------- |
--------- |
|
|
|
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Capital and reserves |
559,243 |
514,946 |
|
--------- |
--------- |
|
|
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Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2025:
4
).
2.
Directors' advances, credits and guarantees
At the beginning of the year the director Carl Parker, owed the company £27,707 in respect of previous loan advances which was repaid on 20 November 2025. Additional net loan advances totalling £21,024 were made during the current period leaving which was still owing to the company at the year end. The maximum loan outstanding at any time was £34,463. Interest was charged on the average outstanding balance at the beneficial loan interest rate(s).
At the beginning of the year the director Nathan Himpson, owed the company £4,298 in respect of previous loan advances which was repaid on 20 November 2025.Included in other creditors is a balance of £3,474 owing to him. The maximum loan outstanding at any time was £9,792. No interest was chargeable.
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 October 2026
, and are signed on behalf of the board by:
Company registration number:
08603596
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 33 Rooks End, Grove, Wantage, OX12 7FD.