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REGISTERED NUMBER: 07462828 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 March 2024

for

Heath Construction Building Contractors
Ltd

Heath Construction Building Contractors
Ltd (Registered number: 07462828)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Heath Construction Building Contractors
Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr Mark O'Farrell
Mrs Victoria O'Farrell





REGISTERED OFFICE: ASM House
103A Keymer Road
Hassocks
West Sussex
BN6 8QL





REGISTERED NUMBER: 07462828 (England and Wales)

Heath Construction Building Contractors
Ltd (Registered number: 07462828)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,079 4,099

CURRENT ASSETS
Stocks - 56,183
Debtors 5 2,313 6,851
Cash at bank and in hand 47,527 33,602
49,840 96,636
CREDITORS
Amounts falling due within one year 6 31,043 68,363
NET CURRENT ASSETS 18,797 28,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,876

32,372

CREDITORS
Amounts falling due after more than one year 7 21,667 31,667
NET ASSETS 1,209 705

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 8 1,204 700
SHAREHOLDERS' FUNDS 1,209 705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Heath Construction Building Contractors
Ltd (Registered number: 07462828)

Balance Sheet - continued
31 March 2024


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 2 October 2024 and were signed on its behalf by:





Mr Mark O'Farrell - Director


Heath Construction Building Contractors
Ltd (Registered number: 07462828)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Heath Construction Building Contractors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Heath Construction Building Contractors
Ltd (Registered number: 07462828)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 13,208
Additions 1,340
At 31 March 2024 14,548
DEPRECIATION
At 1 April 2023 9,109
Charge for year 1,360
At 31 March 2024 10,469
NET BOOK VALUE
At 31 March 2024 4,079
At 31 March 2023 4,099

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 4,538
Other debtors 2,313 2,313
2,313 6,851

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,409 48,725
Taxation and social security 21,496 19,042
Other creditors 138 596
31,043 68,363

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 21,667 31,667

Heath Construction Building Contractors
Ltd (Registered number: 07462828)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 700
Profit for the year 19,504
Dividends (19,000 )
At 31 March 2024 1,204

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Mark O'Farrell.