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REGISTERED NUMBER: 03486942 (England and Wales)















The UK Healey Centre Limited

Unaudited Financial Statements for the Year Ended 30 December 2023






The UK Healey Centre Limited (Registered number: 03486942)






Contents of the Financial Statements
for the Year Ended 30 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


The UK Healey Centre Limited (Registered number: 03486942)

Balance Sheet
30 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,045 8,719

CURRENT ASSETS
Stocks 10,000 10,500
Debtors 5 5,276 276
Cash at bank and in hand 4,992 11,557
20,268 22,333
CREDITORS
Amounts falling due within one year 6 15,077 15,115
NET CURRENT ASSETS 5,191 7,218
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,236

15,937

CAPITAL AND RESERVES
Called up share capital 24,000 24,000
Retained earnings (11,764 ) (8,063 )
12,236 15,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 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 24 July 2024 and were signed on its behalf by:





S A Jowett - Director


The UK Healey Centre Limited (Registered number: 03486942)

Notes to the Financial Statements
for the Year Ended 30 December 2023

1. STATUTORY INFORMATION

The UK Healey Centre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03486942

Registered office: 1 Church Road
Altofts
Normanton
West Yorkshire
WF6 2NN

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land & buildings - 2% on cost
Plant & machinery etc - 20% on reducing balance, 20% on cost and 10% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

The UK Healey Centre Limited (Registered number: 03486942)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2023

4. TANGIBLE FIXED ASSETS
Plant &
Land & machinery
buildings etc Totals
£    £    £   
COST
At 31 December 2022
and 30 December 2023 4,072 35,028 39,100
DEPRECIATION
At 31 December 2022 2,034 28,347 30,381
Charge for year 81 1,593 1,674
At 30 December 2023 2,115 29,940 32,055
NET BOOK VALUE
At 30 December 2023 1,957 5,088 7,045
At 30 December 2022 2,038 6,681 8,719

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant &
machinery
etc
£   
COST
At 31 December 2022
and 30 December 2023 24,690
DEPRECIATION
At 31 December 2022
and 30 December 2023 16,831
NET BOOK VALUE
At 30 December 2023 7,859
At 30 December 2022 7,859

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,276 276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,190 408
Trade creditors 8,759 4,127
Other taxation & social security 676 819
Other creditors 4,452 9,761
15,077 15,115