Company Registration No. 05836091 (England and Wales)
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Unaudited accounts
for the year ended 30 June 2022
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Unaudited accounts
Contents
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Company Information
for the year ended 30 June 2022
Directors
Julie Jones
Hywel Vickers
Company Number
05836091 (England and Wales)
Registered Office
3 NEW MILL COURT
SWANSEA ENTERPRISE PARK
SWANSEA
SA7 9FG
UNITED KINGDOM
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Statement of financial position
as at
30 June 2022
Tangible assets
210,657
223,550
Inventories
10,000
80,000
Cash at bank and in hand
2,432
2,721
Creditors: amounts falling due within one year
(254,019)
(319,738)
Net current (liabilities)/assets
(17,477)
33,037
Total assets less current liabilities
193,180
256,587
Creditors: amounts falling due after more than one year
(213,194)
(246,037)
Provisions for liabilities
Other provisions
(1,963)
(1,963)
Net (liabilities)/assets
(21,977)
8,587
Profit and loss account
(22,077)
8,487
Shareholders' funds
(21,977)
8,587
For the year ending 30 June 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 4 January 2022 and were signed on its behalf by
Julie Jones
Director
Company Registration No. 05836091
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Notes to the Accounts
for the year ended 30 June 2022
GOWER GAS & OIL (HEATING SERVICES) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05836091. The registered office is 3 NEW MILL COURT, SWANSEA ENTERPRISE PARK, SWANSEA, SA7 9FG, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
2 % Straight Line
Plant & machinery
25% Reducing Balance
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2021
209,731
61,477
271,208
At 30 June 2022
209,731
61,477
271,208
At 1 July 2021
20,973
26,685
47,658
Charge for the year
4,195
8,698
12,893
At 30 June 2022
25,168
35,383
60,551
At 30 June 2022
184,563
26,094
210,657
At 30 June 2021
188,758
34,792
223,550
GOWER GAS & OIL (HEATING SERVICES) LIMITED
Notes to the Accounts
for the year ended 30 June 2022
Amounts falling due within one year
Trade debtors
49,860
61,000
Other debtors
174,250
209,054
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
95,518
102,301
Obligations under finance leases and hire purchase contracts
7,390
7,390
Trade creditors
37,805
65,989
Amounts owed to group undertakings and other participating interests
12,145
13,845
Taxes and social security
3,683
14,847
Other creditors
25,779
45,234
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Creditors: amounts falling due after more than one year
2022
2021
Bank loans
193,046
217,718
Obligations under finance leases and hire purchase contracts
20,148
28,319
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 8 (2021: 9).