0 false false false false false false false false false false true false false true false true true No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,919,148 605,805 551,999 3,972,954 3,972,954 3,919,148 xbrli:pure xbrli:shares iso4217:GBP 07684549 2022-07-01 2023-06-30 07684549 2023-06-30 07684549 2022-06-30 07684549 2021-07-01 2022-06-30 07684549 2022-06-30 07684549 2021-06-30 07684549 bus:Director1 2022-07-01 2023-06-30 07684549 core:LandBuildings 2022-07-01 2023-06-30 07684549 core:WithinOneYear 2023-06-30 07684549 core:WithinOneYear 2022-06-30 07684549 core:AfterOneYear 2023-06-30 07684549 core:AfterOneYear 2022-06-30 07684549 core:ShareCapital 2023-06-30 07684549 core:ShareCapital 2022-06-30 07684549 core:RetainedEarningsAccumulatedLosses 2023-06-30 07684549 core:RetainedEarningsAccumulatedLosses 2022-06-30 07684549 core:LandBuildings 2023-06-30 07684549 core:LandBuildings 2022-06-30 07684549 core:LandBuildings 2022-06-30 07684549 bus:SmallEntities 2022-07-01 2023-06-30 07684549 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 07684549 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 07684549 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 07684549 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 07684549
HEATHROW CONTRACTORS LTD
Filleted Unaudited Financial Statements
30 June 2023
HEATHROW CONTRACTORS LTD
Statement of Financial Position
30 June 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
4
3,972,954
3,919,148
Current assets
Debtors
5
7,000
5,000
Cash at bank and in hand
65,904
8,319
--------
--------
72,904
13,319
Creditors: amounts falling due within one year
6
1,297,368
930,625
------------
---------
Net current liabilities
1,224,464
917,306
------------
------------
Total assets less current liabilities
2,748,490
3,001,842
Creditors: amounts falling due after more than one year
7
1,542,702
1,805,161
------------
------------
Net assets
1,205,788
1,196,681
------------
------------
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,205,688
1,196,581
------------
------------
Shareholders funds
1,205,788
1,196,681
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
HEATHROW CONTRACTORS LTD
Statement of Financial Position (continued)
30 June 2023
These financial statements were approved by the board of directors and authorised for issue on 28 March 2024 , and are signed on behalf of the board by:
J S SRAN
Director
Company registration number: 07684549
HEATHROW CONTRACTORS LTD
Notes to the Financial Statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 750 BATH ROAD, CRANFORD, TW5 9TY, UK.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Tangible assets
Land and buildings
£
Cost
At 1 July 2022
3,919,148
Additions
605,805
Disposals
( 551,999)
------------
At 30 June 2023
3,972,954
------------
Depreciation
At 1 July 2022 and 30 June 2023
------------
Carrying amount
At 30 June 2023
3,972,954
------------
At 30 June 2022
3,919,148
------------
Transfer of freehold property relates to transferring stock to freehold property.
5. Debtors
2023
2022
£
£
Other debtors
7,000
5,000
-------
-------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
3,863
4,657
Corporation tax
3,960
1,823
Other creditors
1,289,545
924,145
------------
---------
1,297,368
930,625
------------
---------
7. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
1,542,702
1,805,161
------------
------------
8. Directors' advances, credits and guarantees
Directors loan account relates to directors current account.
9. Related party transactions
The company was under the control of J S SRAN & R KAUR throughout the current and previous year. J S SRAN is the managing director holding 50% shares in the company the remaining 50% are held by R KAUR.