Company Registration No. 06441283 (England and Wales)
Heartlands Forklifts Limited
Unaudited accounts
for the year ended 31 December 2023
Heartlands Forklifts Limited
Company Information
for the year ended 31 December 2023
Company Number
06441283 (England and Wales)
Registered Office
Unit 2 Redfern Road
Tyseley
Birmingham
B11 2AL
Heartlands Forklifts Limited
Statement of financial position
as at 31 December 2023
Tangible assets
36,805
40,974
Cash at bank and in hand
14,814
106,075
Creditors: amounts falling due within one year
(14,308)
(32,367)
Net current assets
30,849
94,786
Total assets less current liabilities
67,654
135,760
Provisions for liabilities
Deferred tax
(6,993)
(7,785)
Called up share capital
1
1
Profit and loss account
60,660
127,974
Shareholders' funds
60,661
127,975
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 July 2024 and were signed on its behalf by
R Douglas
Director
Company Registration No. 06441283
Heartlands Forklifts Limited
Notes to the Accounts
for the year ended 31 December 2023
Heartlands Forklifts Limited is a private company, limited by shares, registered in England and Wales, registration number 06441283. The registered office is Unit 2 Redfern Road, Tyseley, Birmingham, B11 2AL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line basis
Motor vehicles
20% straight line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
32,000
At 31 December 2023
32,000
Heartlands Forklifts Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
119,577
8,288
127,865
At 31 December 2023
123,827
8,288
132,115
At 1 January 2023
78,603
8,288
86,891
Charge for the year
8,419
-
8,419
At 31 December 2023
87,022
8,288
95,310
At 31 December 2023
36,805
-
36,805
At 31 December 2022
40,974
-
40,974
Amounts falling due within one year
Trade debtors
24,535
17,208
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,765
27,280
Other creditors
8,543
5,087
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).