R A Stinson Heating Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06836201 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

R A STINSON HEATING LIMITED

Page

Company information

1

Chartered accountants' report

2

Balance sheet

3

Notes to the financial statements

5

DIRECTORS:

R Stinson

Mrs L Stinson

SECRETARY:

Mrs L Stinson

REGISTERED OFFICE:

99 Woodmansterne Road

Carshalton

Surrey

SM5 4EG

REGISTERED NUMBER:

06836201 (England and Wales)

ACCOUNTANTS:

Z group

Ibex House

162-164 Arthur Road

Wimbledon Park

London

SW19 8AQ

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and

the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of R A Stinson Heating Limited for the year ended 31 March 2019 on pages nil to nil from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R A Stinson Heating Limited, as a body, in accordance with the terms of our engagement letter dated 19 April 2017. Our work has been undertaken solely to prepare for your approval the financial statements of R A Stinson Heating Limited and state those matters that we have agreed to state to the Board of Directors of R A Stinson Heating Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R A Stinson Heating Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R A Stinson Heating Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R A Stinson Heating Limited. You consider that R A Stinson Heating Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R A Stinson Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Z group

Ibex House

162-164 Arthur Road

Wimbledon Park

London

SW19 8AQ

30 December 2019

FIXED ASSETS

Tangible assets

4

5,281

9,434

CURRENT ASSETS

Debtors

5

179,225

89,888

Cash at bank and in hand

210,565

141,573

389,790

231,461

CREDITORS

Amounts falling due within one year

6

95,678

49,535

NET CURRENT ASSETS

294,112

181,926

TOTAL ASSETS LESS CURRENT LIABILITIES

299,393

191,360

PROVISIONS FOR LIABILITIES

90

679

NET ASSETS

299,303

190,681

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

299,203

190,581

SHAREHOLDERS' FUNDS

299,303

190,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 December 2019 and were signed on its behalf by:

R Stinson - Director

1.	STATUTORY INFORMATION

R A Stinson Heating Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

TURNOVER

Turnover represents the value of goods and services provided under contracts to the extent that there is a right

to consideration and is recorded at the value of the consideration due.Where a contract has only been partially

completed at the balance sheet date turnover represents the value of the service provided to date based on a

proportion of the total expected consideration at completion.

TANGIBLE FIXED ASSETS

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

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

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.

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 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2018

30,494

1,127

31,621

Additions

-

544

544

At 31 March 2019

30,494

1,671

32,165

DEPRECIATION

At 1 April 2018

21,060

1,127

22,187

Charge for year

4,561

136

4,697

At 31 March 2019

25,621

1,263

26,884

NET BOOK VALUE

At 31 March 2019

4,873

408

5,281

At 31 March 2018

9,434

-

9,434

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

95,089

33,900

Other debtors

84,136

55,988

179,225

89,888

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

29,188

11,479

Corporation tax

45,685

14,795

Social security and other taxes

5,493

2,616

VAT

-

442

Directors' current accounts

211

4,213

Accrued expenses

15,101

15,990

95,678

49,535

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.19

31.3.18

£

£

Within one year

7,179

-

Between one and five years

7,179

-

14,358

-