2022-02-012023-01-312023-01-31false10544064HEG PROPERTY MAINTENANCE LTD2023-10-26iso4217:GBPxbrli:pure105440642022-02-01105440642023-01-31105440642022-02-012023-01-31105440642021-02-01105440642022-01-31105440642021-02-012022-01-3110544064bus:SmallEntities2022-02-012023-01-3110544064bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3110544064bus:AbridgedAccounts2022-02-012023-01-3110544064bus:PrivateLimitedCompanyLtd2022-02-012023-01-3110544064core:WithinOneYear2023-01-3110544064core:AfterOneYear2023-01-3110544064core:WithinOneYear2022-01-3110544064core:AfterOneYear2022-01-3110544064core:ShareCapital2023-01-3110544064core:SharePremium2023-01-3110544064core:RevaluationReserve2023-01-3110544064core:OtherReservesSubtotal2023-01-3110544064core:RetainedEarningsAccumulatedLosses2023-01-3110544064core:ShareCapital2022-01-3110544064core:SharePremium2022-01-3110544064core:RevaluationReserve2022-01-3110544064core:OtherReservesSubtotal2022-01-3110544064core:RetainedEarningsAccumulatedLosses2022-01-3110544064core:LandBuildings2023-01-3110544064core:PlantMachinery2023-01-3110544064core:Vehicles2023-01-3110544064core:FurnitureFittings2023-01-3110544064core:OfficeEquipment2023-01-3110544064core:NetGoodwill2023-01-3110544064core:IntangibleAssetsOtherThanGoodwill2023-01-3110544064core:ListedExchangeTraded2023-01-3110544064core:UnlistedNon-exchangeTraded2023-01-3110544064core:LandBuildings2022-01-3110544064core:PlantMachinery2022-01-3110544064core:Vehicles2022-01-3110544064core:FurnitureFittings2022-01-3110544064core:OfficeEquipment2022-01-3110544064core:NetGoodwill2022-01-3110544064core:IntangibleAssetsOtherThanGoodwill2022-01-3110544064core:ListedExchangeTraded2022-01-3110544064core:UnlistedNon-exchangeTraded2022-01-3110544064core:LandBuildings2022-02-012023-01-3110544064core:PlantMachinery2022-02-012023-01-3110544064core:Vehicles2022-02-012023-01-3110544064core:FurnitureFittings2022-02-012023-01-3110544064core:OfficeEquipment2022-02-012023-01-3110544064core:NetGoodwill2022-02-012023-01-3110544064core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110544064core:ListedExchangeTraded2022-02-012023-01-3110544064core:UnlistedNon-exchangeTraded2022-02-012023-01-3110544064core:MoreThanFiveYears2022-02-012023-01-3110544064core:Non-currentFinancialInstruments2023-01-3110544064core:Non-currentFinancialInstruments2022-01-3110544064dpl:CostSales2022-02-012023-01-3110544064dpl:DistributionCosts2022-02-012023-01-3110544064dpl:AdministrativeExpenses2022-02-012023-01-3110544064core:LandBuildings2022-02-012023-01-3110544064core:PlantMachinery2022-02-012023-01-3110544064core:Vehicles2022-02-012023-01-3110544064core:FurnitureFittings2022-02-012023-01-3110544064core:OfficeEquipment2022-02-012023-01-3110544064core:NetGoodwill2022-02-012023-01-3110544064core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110544064dpl:GroupUndertakings2022-02-012023-01-3110544064dpl:ParticipatingInterests2022-02-012023-01-3110544064dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3110544064core:ListedExchangeTraded2022-02-012023-01-3110544064dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3110544064core:UnlistedNon-exchangeTraded2022-02-012023-01-3110544064dpl:CostSales2021-02-012022-01-3110544064dpl:DistributionCosts2021-02-012022-01-3110544064dpl:AdministrativeExpenses2021-02-012022-01-3110544064core:LandBuildings2021-02-012022-01-3110544064core:PlantMachinery2021-02-012022-01-3110544064core:Vehicles2021-02-012022-01-3110544064core:FurnitureFittings2021-02-012022-01-3110544064core:OfficeEquipment2021-02-012022-01-3110544064core:NetGoodwill2021-02-012022-01-3110544064core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3110544064dpl:GroupUndertakings2021-02-012022-01-3110544064dpl:ParticipatingInterests2021-02-012022-01-3110544064dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3110544064core:ListedExchangeTraded2021-02-012022-01-3110544064dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3110544064core:UnlistedNon-exchangeTraded2021-02-012022-01-3110544064core:NetGoodwill2023-01-3110544064core:IntangibleAssetsOtherThanGoodwill2023-01-3110544064core:LandBuildings2023-01-3110544064core:PlantMachinery2023-01-3110544064core:Vehicles2023-01-3110544064core:FurnitureFittings2023-01-3110544064core:OfficeEquipment2023-01-3110544064core:AfterOneYear2023-01-3110544064core:WithinOneYear2023-01-3110544064core:ListedExchangeTraded2023-01-3110544064core:UnlistedNon-exchangeTraded2023-01-3110544064core:ShareCapital2023-01-3110544064core:SharePremium2023-01-3110544064core:RevaluationReserve2023-01-3110544064core:OtherReservesSubtotal2023-01-3110544064core:RetainedEarningsAccumulatedLosses2023-01-3110544064core:NetGoodwill2022-01-3110544064core:IntangibleAssetsOtherThanGoodwill2022-01-3110544064core:LandBuildings2022-01-3110544064core:PlantMachinery2022-01-3110544064core:Vehicles2022-01-3110544064core:FurnitureFittings2022-01-3110544064core:OfficeEquipment2022-01-3110544064core:AfterOneYear2022-01-3110544064core:WithinOneYear2022-01-3110544064core:ListedExch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HEG PROPERTY MAINTENANCE LTD

Registered Number
10544064
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

HEG PROPERTY MAINTENANCE LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

CLAY, Judy Helen
GARNER, Howard Edward

Registered Address

8 Princes Court
Bourne
PE10 9BQ

Registered Number

10544064 (England and Wales)
HEG PROPERTY MAINTENANCE LTD
Statement of Financial Position
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets64,8507,170
4,8507,170
Current assets
Debtors72,365985
2,365985
Creditors amounts falling due within one year8(18,573)(15,123)
Net current assets (liabilities)(16,208)(14,138)
Total assets less current liabilities(11,358)(6,968)
Creditors amounts falling due after one year(3,501)(4,900)
Provisions for liabilities(921)(1,362)
Net assets(15,780)(13,230)
Capital and reserves
Called up share capital22
Profit and loss account(15,782)(13,232)
Shareholders' funds(15,780)(13,230)
The financial statements were approved and authorised for issue by the Board of Directors on 26 October 2023, and are signed on its behalf by:
GARNER, Howard Edward
Director
Registered Company No. 10544064
HEG PROPERTY MAINTENANCE LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The primary operations of the business focused on property services and maintenance.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Government grants and other government assistance policy
Government grants were recognized under the performance model and all performance conditions have been met in full.
Going concern
The directors, having considered the company situation, continue in supporting the company and assume that the company will continue in operation for the foreseeable future.
5.Employee information

20232022
Average number of employees during the year22
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 2211,078
At 31 January 2311,078
Depreciation and impairment
At 01 February 223,908
Charge for year2,320
At 31 January 236,228
Net book value
At 31 January 234,850
At 31 January 227,170
7.Debtors

2023

2022

££
Trade debtors / trade receivables1,390885
Other debtors975-
Prepayments and accrued income-100
Total2,365985
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables7352
Bank borrowings and overdrafts1,4001,402
Other creditors17,10013,669
Total18,57315,123
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.