IRIS Accounts Production v23.3.0.418 05149048 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051490482022-03-31051490482023-03-31051490482022-04-012023-03-31051490482021-03-31051490482021-04-012022-03-31051490482022-03-3105149048ns10:Originalns15:EnglandWales2022-04-012023-03-3105149048ns14:PoundSterlingns10:Original2022-04-012023-03-3105149048ns10:Originalns10:Director12022-04-012023-03-3105149048ns10:Original2022-04-012023-03-3105149048ns10:Original2023-03-3105149048ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3105149048ns10:Originalns10:SmallEntities2022-04-012023-03-3105149048ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3105149048ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105149048ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3105149048ns10:Originalns10:FullAccounts2022-04-012023-03-3105149048ns10:Originalns10:RegisteredOffice2022-04-012023-03-3105149048ns10:Original2022-03-3105149048ns10:Originalns5:CurrentFinancialInstruments2023-03-3105149048ns10:Originalns5:CurrentFinancialInstruments2022-03-3105149048ns5:ShareCapitalns10:Original2023-03-3105149048ns5:ShareCapitalns10:Original2022-03-3105149048ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3105149048ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105149048ns10:Originalns5:PlantMachinery2022-04-012023-03-3105149048ns10:Originalns5:MotorVehicles2022-04-012023-03-3105149048ns10:Originalns5:ComputerEquipment2022-04-012023-03-3105149048ns10:Original2021-04-012022-03-3105149048ns10:Originalns5:PlantMachinery2022-03-3105149048ns10:Originalns5:MotorVehicles2022-03-3105149048ns10:Originalns5:ComputerEquipment2022-03-3105149048ns10:Original2022-03-3105149048ns10:Originalns5:PlantMachinery2023-03-3105149048ns10:Originalns5:MotorVehicles2023-03-3105149048ns10:Originalns5:ComputerEquipment2023-03-3105149048ns10:Originalns5:PlantMachinery2022-03-3105149048ns10:Originalns5:MotorVehicles2022-03-3105149048ns10:Originalns5:ComputerEquipment2022-03-3105149048ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105149048ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 05149048 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HEATHROW AUTO ELECTRICAL LIMITED

HEATHROW AUTO ELECTRICAL LIMITED (REGISTERED NUMBER: 05149048)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

HEATHROW AUTO ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: M E Price





REGISTERED OFFICE: Unit 5 Horton Depot
Stanwell Road
Horton
Slough
Berkshire
SL3 9PE





REGISTERED NUMBER: 05149048 (England and Wales)





ACCOUNTANTS: Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ

HEATHROW AUTO ELECTRICAL LIMITED (REGISTERED NUMBER: 05149048)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,864 5,720

CURRENT ASSETS
Stocks 5 72,000 68,000
Debtors 6 82,224 67,282
Cash at bank and in hand 217,098 195,398
371,322 330,680
CREDITORS
Amounts falling due within one year 7 87,516 72,447
NET CURRENT ASSETS 283,806 258,233
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,670

263,953

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 286,669 263,952
SHAREHOLDERS' FUNDS 286,670 263,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 November 2023 and were signed by:





M E Price - Director


HEATHROW AUTO ELECTRICAL LIMITED (REGISTERED NUMBER: 05149048)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Heathrow Auto Electrical 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 - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 1,461 14,670 4,735 20,866
Additions - - 1,217 1,217
At 31 March 2023 1,461 14,670 5,952 22,083
DEPRECIATION
At 1 April 2022 1,461 9,084 4,601 15,146
Charge for year - 3,667 406 4,073
At 31 March 2023 1,461 12,751 5,007 19,219
NET BOOK VALUE
At 31 March 2023 - 1,919 945 2,864
At 31 March 2022 - 5,586 134 5,720

5. STOCKS
2023 2022
£    £   
Stocks 72,000 68,000

HEATHROW AUTO ELECTRICAL LIMITED (REGISTERED NUMBER: 05149048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 82,224 67,282

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 56,753 42,513
Tax 14,809 16,286
VAT 14,048 11,390
Other creditors 417 768
Accrued expenses 1,489 1,490
87,516 72,447

8. RESERVES
Retained
earnings
£   

At 1 April 2022 263,952
Profit for the year 60,417
Dividends (37,700 )
At 31 March 2023 286,669

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HEATHROW AUTO ELECTRICAL LIMITED

The following reproduces the text of the report prepared for the director 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 Income Statement and certain other primary statements and the Report of the Director 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 Heathrow Auto Electrical Limited for the year ended 31 March 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 director of Heathrow Auto Electrical Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Heathrow Auto Electrical Limited and state those matters that we have agreed to state to the director of Heathrow Auto Electrical Limited 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 Heathrow Auto Electrical Limited and its director for our work or for this report.

It is your duty to ensure that Heathrow Auto Electrical 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 Heathrow Auto Electrical Limited. You consider that Heathrow Auto Electrical 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 Heathrow Auto Electrical 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.






Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ


28 November 2023