Company registration number 12212688 (England and Wales)
ROBERT HEATH PROPERTY SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
ROBERT HEATH PROPERTY SERVICES LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
ROBERT HEATH PROPERTY SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Trade and other receivables
3
100
466,981
Net current assets
100
466,981
Equity
Called up share capital
4
100
100
Retained earnings
466,881
Total equity
100
466,981
The director of the company has elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 20 October 2023
Mr M L Heath
Director
Company registration number 12212688 (England and Wales)
ROBERT HEATH PROPERTY SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
Robert Heath Property Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Heath House, 264 Burlington Road, New Malden, Surrey, KT3 4NN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
With effect from 1 December 2020 the trade of the company was transferred to fellow subsidiary Robert Heath Heating Limited. The company was therefore dormant during the year and in the previous year.true
On this basis the director does not consider the company to be a going concern and the financial statements have not been prepared on the going concern basis.
1.3
Income statement
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Income statement is presented in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Trade and other receivables
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
100
466,981
ROBERT HEATH PROPERTY SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
4
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 10p each
1,000
1,000
100
100
5
Financial commitments, guarantees and contingent liabilities
Robert Heath Heating Limited had an invoice discounting facility in place with Shawbrook Bank Limited. It was secured by a composite guarantee and debenture being a fixed charge over the fixed and current assets of the company, its parent, Robert Heath Group Limited and its fellow subsidiaries Robert Heath Heating Limited and Robert Heath Technology Limited. This included a security over 264 Burlington Road, New Malden, Surrey (asset of which is held in the parent company).
This facility has been ceased since the year-end on 14th July 2023, with the relevant charges now removed.
6
Related party transactions
The company has taken advantage of the exemption in FRS 102 section 33 from the requirement to disclose transactions with group companies on the grounds that consolidated financial statements are prepared by the ultimate parent company. The consolidated financial statements of Robert Heath Group Limited are available from Heath House, 264 Burlington Road, New Malden, Surrey, KT3 4NN.
7
Parent company
The ultimate parent company is Robert Heath Group Limited, a company registered in England and Wales. The consolidated financial statements of Robert Heath Group Limited can be obtained from Heath House, 264 Burlington Road, New Malden, Surrey, KT3 4NN.
The ultimate controlling party is R B Heath, a director of the parent company.