Heyzer Ltd 08356794 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is Provision of holding company services Digita Accounts Production Advanced 6.30.9574.0 true false true 08356794 2023-01-01 2023-12-31 08356794 2023-12-31 08356794 bus:OrdinaryShareClass1 2023-12-31 08356794 core:CurrentFinancialInstruments 2023-12-31 08356794 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 08356794 bus:SmallEntities 2023-01-01 2023-12-31 08356794 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08356794 bus:FilletedAccounts 2023-01-01 2023-12-31 08356794 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08356794 bus:RegisteredOffice 2023-01-01 2023-12-31 08356794 bus:ChairmanChiefExecutive 2023-01-01 2023-12-31 08356794 bus:Director2 2023-01-01 2023-12-31 08356794 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 08356794 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08356794 countries:EnglandWales 2023-01-01 2023-12-31 08356794 core:CostValuation 2022-12-31 08356794 2022-01-01 2022-12-31 08356794 2022-12-31 08356794 bus:OrdinaryShareClass1 2022-12-31 08356794 core:CurrentFinancialInstruments 2022-12-31 08356794 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08356794

Heyzer Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Heyzer Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Heyzer Ltd

Company Information

Chairman

Mr Angus Henry

Chief executive

Mr Angus Henry

Director

Mr Clive Pyzer

Registered office

24 The Hill
Northfleet
Kent
DA11 9EU

Accountants

Alexander Broad Lowe
Chartered Certified Accountants
3 Masons Field
Mannings Heath
Horsham
Sussex
RH13 6JP

 

Heyzer Ltd

(Registration number: 08356794)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

480,675

480,675

Current assets

 

Debtors

5

521

228

Cash at bank and in hand

 

629

695

 

1,150

923

Creditors: Amounts falling due within one year

6

(481,725)

(481,497)

Net current liabilities

 

(480,575)

(480,574)

Net assets

 

100

101

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

-

1

Shareholders' funds

 

100

101

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 June 2024
 

.........................................
Mr Angus Henry
Chairman and chief executive

 

Heyzer Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
24 The Hill
Northfleet
Kent
DA11 9EU
England

These financial statements were authorised for issue by the director on 27 June 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Heyzer Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Investments

2023
£

2022
£

Investments in subsidiaries

480,675

480,675

 

Heyzer Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Subsidiaries

£

Cost or valuation

At 1 January 2023

480,675

Provision

Carrying amount

At 31 December 2023

480,675

At 31 December 2022

480,675

5

Debtors

Current

2023
£

2022
£

Other debtors

521

228

 

521

228

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

470,817

470,604

Accruals and deferred income

 

14

-

Other creditors

 

10,894

10,893

 

481,725

481,497

7

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100