Thermatech Heating Services Ltd - Accounts to registrar (filleted) - small 18.2
Thermatech Heating Services Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2020 |
| FOR |
| THERMATECH HEATING SERVICES LTD |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| THERMATECH HEATING SERVICES LTD |
| COMPANY INFORMATION |
| for the Year Ended 31st March 2020 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Compton House |
| 104 Scotland Road |
| Penrith |
| Cumbria |
| CA11 7NR |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| BALANCE SHEET |
| 31st March 2020 |
| 31.3.20 | 31.3.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| 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. |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| BALANCE SHEET - continued |
| 31st March 2020 |
| 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 by: |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2020 |
| 1. | STATUTORY INFORMATION |
| Thermatech Heating Services Ltd is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Improvements to property | - |
| Equipment | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st March 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| to | Motor |
| property | Equipment | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st April 2019 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31st March 2020 |
| DEPRECIATION |
| At 1st April 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31st March 2020 |
| NET BOOK VALUE |
| At 31st March 2020 |
| At 31st March 2019 |
| 5. | STOCKS |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Closing stock | 3,360 | 4,300 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Trade debtors |
| Other debtors | 27,600 | 31,800 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Trade creditors |
| Taxation |
| Social security and other taxes |
| VAT | 1,177 | - |
| Other creditors |
| Directors' current accounts | 10,457 | 35,017 |
| Accrued expenses |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.3.20 | 31.3.19 |
| £ | £ |
| Deferred tax | 10,318 | 11,332 |
| THERMATECH HEATING SERVICES LTD (REGISTERED NUMBER: 03952256) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st March 2020 |
| 8. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1st April 2019 |
| Credit to Income Statement during year | ( |
) |
| Balance at 31st March 2020 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.20 | 31.3.19 |
| value: | £ | £ |
| Ordinary | £1 | 10,000 | 10,000 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st April 2019 |
| Profit for the year |
| Dividends | ( |
) |
| At 31st March 2020 |