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REGISTERED NUMBER: 09450707 (England and Wales)















Heat Different Limited

Unaudited Financial Statements

for the year ended

28 February 2023






Heat Different Limited (Registered number: 09450707)

Contents of the Financial Statements
for the year ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5

Chartered Accountants' Report 6

Heat Different Limited

Company Information
for the year ended 28 February 2023







DIRECTORS: C A Forder
A R Kelf





REGISTERED OFFICE: 5 Europa Way
Norwich
Norfolk
NR1 2EN





REGISTERED NUMBER: 09450707 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY

Heat Different Limited (Registered number: 09450707)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 98,472 98,330

CURRENT ASSETS
Stocks 57,818 56,616
Debtors 5 110,355 85,348
Cash at bank 69 1,769
168,242 143,733
CREDITORS
Amounts falling due within one year 6 (180,170 ) (140,434 )
NET CURRENT (LIABILITIES)/ASSETS (11,928 ) 3,299
TOTAL ASSETS LESS CURRENT LIABILITIES 86,544 101,629

CREDITORS
Amounts falling due after more than one year 7 (49,271 ) (50,454 )

PROVISIONS FOR LIABILITIES (18,710 ) (18,683 )
NET ASSETS 18,563 32,492

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,463 32,392
SHAREHOLDERS' FUNDS 18,563 32,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 and authorised for issue on 10 November 2023 and were signed on its behalf by:





A R Kelf - Director


Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements
for the year ended 28 February 2023


1. STATUTORY INFORMATION

Heat Different 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2022 - 7 ) .

Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 25,383 99,235 9,278 133,896
Additions 2,205 26,492 - 28,697
At 28 February 2023 27,588 125,727 9,278 162,593
DEPRECIATION
At 1 March 2022 8,306 23,429 3,831 35,566
Charge for year 2,722 24,471 1,362 28,555
At 28 February 2023 11,028 47,900 5,193 64,121
NET BOOK VALUE
At 28 February 2023 16,560 77,827 4,085 98,472
At 28 February 2022 17,077 75,806 5,447 98,330

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 70,613 50,104
Other debtors 39,742 35,244
110,355 85,348

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 21,758 12,069
Hire purchase contracts 18,675 11,826
Trade creditors 90,498 82,324
Taxation and social security 30,583 32,215
Other creditors 18,656 2,000
180,170 140,434

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 8) 12,842 19,567
Hire purchase contracts 36,429 30,887
49,271 50,454

Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 14,891 -
Bank loans 6,867 12,069
Other loans 16,467 -
38,225 12,069

Amounts falling due between two and five years:
Bank loans - 2-5 years 12,842 19,567

9. RELATED PARTY DISCLOSURES

Included in other debtors is £2,048 (2022: £2,672) payable to the directors.

This is interest free and there are no fixed repayment terms.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its parent company; Different Group Ltd

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Heat Different Limited


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 Statement of Comprehensive Income 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 Heat Different Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet and the related notes 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 Heat Different Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Heat Different Limited and state those matters that we have agreed to state to the Board of Directors of Heat Different 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 Heat Different Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Heat Different 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 Heat Different Limited. You consider that Heat Different 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 Heat Different 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.






Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY


10 November 2023