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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
Director
R Douglas
Company Number
06441283 (England and Wales)
Registered Office
Unit 2 Redfern Road Tyseley Birmingham B11 2AL
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Heartlands Forklifts Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,805 
40,974 
Current assets
Debtors
30,343 
21,078 
Cash at bank and in hand
14,814 
106,075 
45,157 
127,153 
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)
Net assets
60,661 
127,975 
Capital and reserves
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
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Heartlands Forklifts Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
32,000 
At 31 December 2023
32,000 
Amortisation
At 1 January 2023
32,000 
At 31 December 2023
32,000 
Net book value
At 31 December 2023
- 
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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 
Additions
4,250 
- 
4,250 
At 31 December 2023
123,827 
8,288 
132,115 
Depreciation
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 
Net book value
At 31 December 2023
36,805 
- 
36,805 
At 31 December 2022
40,974 
- 
40,974 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,535 
17,208 
Other debtors
5,808 
3,870 
30,343 
21,078 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,765 
27,280 
Other creditors
8,543 
5,087 
14,308 
32,367 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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