HVAC Consulting Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13857100 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2025

for

HVAC Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M J Laurie

REGISTERED OFFICE:

45 Mercer Way

Tetbury

GL8 8FH

REGISTERED NUMBER:

13857100 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

2,596

524

CURRENT ASSETS

Debtors

5

31,870

16,762

Cash at bank

6

3,705

4,452

35,575

21,214

CREDITORS

Amounts falling due within one year

7

14,346

10,844

NET CURRENT ASSETS

21,229

10,370

TOTAL ASSETS LESS CURRENT LIABILITIES

23,825

10,894

PROVISIONS FOR LIABILITIES

517

100

NET ASSETS

23,308

10,794

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

23,208

10,694

SHAREHOLDERS' FUNDS

23,308

10,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 19th October 2026 and were signed by:

Mr M J Laurie - Director

1.	STATUTORY INFORMATION

HVAC Consulting 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.

The financial statements are presented in Pound Sterling (£), which is the company's functional and presentation currency.

Turnover

Revenue represents income earned from expert consultancy services relating to heating, ventilation and air conditioning (HVAC) systems for residential, commercial and industrial projects. Revenue is recognised as consultancy services are delivered to customers.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Government grants

Government grants are accounted for using either the accrual model or the performance model. Under the accrual model, grants are recognised in income over the periods necessary to match them with the related costs they are intended to compensate. Under the performance model, grants are recognised in income when the related performance conditions are met.

Financial instruments

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'.

Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets: Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities: Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method.

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the Company's financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1st November 2024

699

-

699

Additions

-

2,696

At 31st October 2025

699

2,696

3,395

DEPRECIATION

At 1st November 2024

175

-

175

Charge for year

131

493

624

At 31st October 2025

306

493

799

NET BOOK VALUE

At 31st October 2025

393

2,203

2,596

At 31st October 2024

524

-

524

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

-

550

Amounts owed by group undertakings

31,870

16,212

31,870

16,762

6.	CASH AT BANK

Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Cash and cash equivalents consist solely of balances held in the Company's bank current account. The Company does not hold any short-term investments and does not operate an overdraft facility.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Tax

4,315

2,559

Directors' current accounts

8,693

7,025

Accrued expenses

1,338

1,260

14,346

10,844

8.	SECURED DEBTS

The Company had no secured liabilities at the balance sheet date.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

100

Ordinary

£1

100

10.

RESERVES

Retained

earnings

£

At 1st November 2024

10,694

Profit for the year

17,364

Dividends

(4,850

)

At 31st October 2025

23,208

11.	CONTINGENT LIABILITIES

The Company had no contingent liabilities at the balance sheet date.

12.	RELATED PARTY DISCLOSURES

During the year, the company entered into the following transactions with related parties:

Director’s loan account: At the balance sheet date, the Company owed £8,693 (2024: £7,024) to the director. The balance is unsecured, interest-free and repayable on demand.

Amounts owed by associated company: At the year end, £31,870 (2024: £16,212) was due from HVAC Management Ltd, a company under common control. The balance is unsecured, interest-free and repayable on demand.

13.	POST BALANCE SHEET EVENTS

There have been no material events after the balance sheet date requiring disclosure in these financial statements.

14.	ULTIMATE CONTROLLING PARTY

Mr M J Laurie is the sole director and shareholder of the company and, by virtue of his shareholding and control of the company's affairs, is considered to be the ultimate controlling party.