Warmtronics Ltd

Warmtronics Ltd

WARMTRONICS LTD - Company Information

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1 January 2021 false No description of principal activity Taxfiler 2022.8.2 11129943business:PrivateLimitedCompanyLtd2021-01-012021-12-31 111299432020-12-31 111299432021-01-012021-12-31 11129943business:AuditExemptWithAccountantsReport2021-01-012021-12-31 11129943business:FullAccounts2021-01-012021-12-31 111299432021-12-31 11129943business:Director12021-01-012021-12-31 11129943business:RegisteredOffice2021-01-012021-12-31 111299432020-12-31 11129943core:WithinOneYear2021-12-31 11129943core:WithinOneYear2020-12-31 11129943core:ShareCapital2021-12-31 11129943core:ShareCapital2020-12-31 11129943core:RetainedEarningsAccumulatedLosses2021-12-31 11129943core:RetainedEarningsAccumulatedLosses2020-12-31 11129943business:SmallEntities2021-01-012021-12-31 11129943countries:EnglandWales2021-01-012021-12-31 11129943core:PlantMachinery2021-01-012021-12-31 11129943core:IntangibleAssetsOtherThanGoodwill2020-12-31 11129943core:IntangibleAssetsOtherThanGoodwill2021-12-31 11129943core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-31 11129943core:ComputerEquipment2020-12-31 11129943core:ComputerEquipment2021-01-012021-12-31 11129943core:ComputerEquipment2021-12-31 111299432020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11129943 (England and Wales)
Warmtronics Ltd Unaudited accounts for the year ended 31 December 2021
Warmtronics Ltd Unaudited accounts Contents
Page
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Warmtronics Ltd Company Information for the year ended 31 December 2021
Director
Timothy C Bailey
Company Number
11129943 (England and Wales)
Registered Office
SUITE 7, WEST PARK OFFICES PARK LANE ALLERTON BYWATER CASTLEFORD WF10 2FY ENGLAND
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Warmtronics Ltd for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Warmtronics Ltd for the year ended 31 December 2021 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants 1 August 2022
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Warmtronics Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
20,155 
40,308 
Tangible assets
5
1,893 
- 
22,048 
40,308 
Current assets
Debtors
6
73,644 
3,351 
Cash at bank and in hand
4,732 
(31)
78,376 
3,320 
Creditors: amounts falling due within one year
7
(151,076)
(78,000)
Net current liabilities
(72,700)
(74,680)
Net liabilities
(50,652)
(34,372)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(50,653)
(34,373)
Shareholders' funds
(50,652)
(34,372)
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 August 2022 and were signed on its behalf by
Timothy C Bailey Director Company Registration No. 11129943
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Warmtronics Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Warmtronics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11129943. The registered office is SUITE 7, WEST PARK OFFICES PARK LANE, ALLERTON BYWATER, CASTLEFORD, WF10 2FY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2021
100,767 
At 31 December 2021
100,767 
Amortisation
At 1 January 2021
60,459 
Charge for the year
20,153 
At 31 December 2021
80,612 
Net book value
At 31 December 2021
20,155 
At 31 December 2020
40,308 
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Warmtronics Ltd Notes to the Accounts for the year ended 31 December 2021
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
- 
Additions
2,839 
At 31 December 2021
2,839 
Depreciation
Charge for the year
946 
At 31 December 2021
946 
Net book value
At 31 December 2021
1,893 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
12,462 
- 
Amounts due from group undertakings etc.
- 
3,351 
Accrued income and prepayments
61,182 
- 
73,644 
3,351 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
13,343 
- 
Amounts owed to group undertakings and other participating interests
- 
58,000 
Loans from directors
127,233 
- 
Accruals
500 
- 
Deferred income
10,000 
20,000 
151,076 
78,000 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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