Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Ewen Griffiths 17/03/2014 11 March 2024 The principal activity of the Company during the financial year was that of design consultancy. SC472668 2023-09-30 SC472668 bus:Director1 2023-09-30 SC472668 core:CurrentFinancialInstruments 2023-09-30 SC472668 core:CurrentFinancialInstruments 2022-09-30 SC472668 2022-09-30 SC472668 core:ShareCapital 2023-09-30 SC472668 core:ShareCapital 2022-09-30 SC472668 core:RetainedEarningsAccumulatedLosses 2023-09-30 SC472668 core:RetainedEarningsAccumulatedLosses 2022-09-30 SC472668 bus:OrdinaryShareClass1 2023-09-30 SC472668 2022-10-01 2023-09-30 SC472668 bus:FilletedAccounts 2022-10-01 2023-09-30 SC472668 bus:SmallEntities 2022-10-01 2023-09-30 SC472668 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 SC472668 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 SC472668 bus:Director1 2022-10-01 2023-09-30 SC472668 2021-10-01 2022-09-30 SC472668 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 SC472668 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 SC472668 1 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC472668 (Scotland)

HEART&FEINTS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH THE REGISTRAR

HEART&FEINTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023

Contents

HEART&FEINTS LIMITED

BALANCE SHEET

AS AT 30 SEPTEMBER 2023
HEART&FEINTS LIMITED

BALANCE SHEET (continued)

AS AT 30 SEPTEMBER 2023
30.09.2023 30.09.2022
£ £
Current assets
Debtors 3 391,716 313,300
Cash at bank and in hand 1,038,332 271,263
1,430,048 584,563
Creditors: amounts falling due within one year 4 ( 1,358,848) ( 545,121)
Net current assets 71,200 39,442
Total assets less current liabilities 71,200 39,442
Net assets 71,200 39,442
Capital and reserves
Called-up share capital 5 1 1
Profit and loss account 71,199 39,441
Total shareholder's funds 71,200 39,442

For the financial year ending 30 September 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Heart&Feints Limited (registered number: SC472668) were approved and authorised for issue by the Director on 11 March 2024. They were signed on its behalf by:

Ewen Griffiths
Director
HEART&FEINTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
HEART&FEINTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Heart&Feints Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Suite 2, Ground Floor, Orchard Brae House, 30 Queensferry Road, Edinburgh, EH4 2HS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

30.09.2023 30.09.2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

30.09.2023 30.09.2022
£ £
Trade debtors 318,688 243,924
Other debtors 73,028 69,376
391,716 313,300

4. Creditors: amounts falling due within one year

30.09.2023 30.09.2022
£ £
Trade creditors 32,093 23,157
Taxation and social security 8,216 8,982
Other creditors 1,318,539 512,982
1,358,848 545,121

5. Called-up share capital

30.09.2023 30.09.2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

6. Related party transactions

The company has taken advantage of the exemption available in FRS102 from the requirement to disclose related party transaction with parent company.

7. Ultimate controlling party

Heart & Feints Limited is a wholly-owned subsidiary of Contagious (UK) Limited, a company registered in the UK with the registered office address of Suite 2, Ground Floor, Orchard Brae House, 30 Queensferry Road, Edinburgh, EH4 2HS.