1 January 2023 false No description of principal activity Taxfiler 2024.5 13821118business:PrivateLimitedCompanyLtd2023-01-012023-12-31 138211182022-12-31 138211182023-01-012023-12-31 13821118business:AuditExemptWithAccountantsReport2023-01-012023-12-31 13821118business:FilletedAccounts2023-01-012023-12-31 138211182023-12-31 13821118business:Director12023-01-012023-12-31 13821118business:RegisteredOffice2023-01-012023-12-31 138211182022-12-31 13821118core:WithinOneYear2023-12-31 13821118core:WithinOneYear2022-12-31 13821118core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13821118core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13821118core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13821118core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13821118core:PreviouslyStatedAmount2023-12-31 13821118core:PreviouslyStatedAmount2022-12-31 13821118business:SmallEntities2023-01-012023-12-31 13821118countries:EnglandWales2023-01-012023-12-31 13821118core:PlantMachinery2023-01-012023-12-31 13821118core:PlantMachinery2022-12-31 13821118core:PlantMachinery2023-12-31 138211182021-12-292022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13821118 (England and Wales)
HERAKLIS CONSTRUCTION LTD Unaudited accounts for the year ended 31 December 2023
HERAKLIS CONSTRUCTION LTD Unaudited accounts Contents
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HERAKLIS CONSTRUCTION LTD Company Information for the year ended 31 December 2023
Director
Ilirjan Sahatciu
Company Number
13821118 (England and Wales)
Registered Office
APEX HOUSE, GRAND ARCADE 2ND FLOOR LONDON N12 0EH ENGLAND
Accountants
Agents For Accounting Ltd Apex House, 2nd Floor Grand Arcade London N12 0EH
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HERAKLIS CONSTRUCTION LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
183 
275 
Current assets
Debtors
961 
11,771 
Cash at bank and in hand
411 
2,042 
1,372 
13,813 
Creditors: amounts falling due within one year
(13,905)
(13,315)
Net current (liabilities)/assets
(12,533)
498 
Total assets less current liabilities
(12,350)
773 
Provisions for liabilities
Deferred tax
(35)
(52)
Net (liabilities)/assets
(12,385)
721 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,485)
621 
Shareholders' funds
(12,385)
721 
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 20 September 2024 and were signed on its behalf by
Ilirjan Sahatciu Director Company Registration No. 13821118
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HERAKLIS CONSTRUCTION LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
HERAKLIS CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 13821118. The registered office is APEX HOUSE, GRAND ARCADE, 2ND FLOOR, LONDON, N12 0EH, ENGLAND.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
Straight Line Method - 25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
367 
At 31 December 2023
367 
Depreciation
At 1 January 2023
92 
Charge for the year
92 
At 31 December 2023
184 
Net book value
At 31 December 2023
183 
At 31 December 2022
275 
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HERAKLIS CONSTRUCTION LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,810 
Other debtors
961 
961 
961 
11,771 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,691 
3,441 
Loans from directors
11,974 
9,424 
Accruals
240 
450 
13,905 
13,315 
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
8
Loans to directors
During the year, compan owed £11,974 to the director of the company.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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