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REGISTERED NUMBER: 09450707 (England and Wales)















Heat Different Limited

Unaudited Financial Statements

for the year ended

29 February 2024






Heat Different Limited (Registered number: 09450707)

Contents of the Financial Statements
for the year ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5

Chartered Accountants' Report 6

Heat Different Limited

Company Information
for the year ended 29 February 2024







DIRECTORS: C A Forder
A R Kelf





REGISTERED OFFICE: 5 Europa Way
Norwich
Norfolk
NR1 2EN





REGISTERED NUMBER: 09450707 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY

Heat Different Limited (Registered number: 09450707)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 75,510 98,472

CURRENT ASSETS
Stocks 59,404 57,818
Debtors 5 120,943 110,355
Cash at bank 70 69
180,417 168,242
CREDITORS
Amounts falling due within one year 6 (189,349 ) (180,170 )
NET CURRENT LIABILITIES (8,932 ) (11,928 )
TOTAL ASSETS LESS CURRENT LIABILITIES 66,578 86,544

CREDITORS
Amounts falling due after more than one year 7 (32,602 ) (49,271 )

PROVISIONS FOR LIABILITIES (14,347 ) (18,710 )
NET ASSETS 19,629 18,563

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,529 18,463
SHAREHOLDERS' FUNDS 19,629 18,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 21 June 2024 and were signed on its behalf by:





A R Kelf - Director


Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements
for the year ended 29 February 2024


1. STATUTORY INFORMATION

Heat Different Limited 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements - continued
for the year ended 29 February 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 27,588 125,727 9,278 162,593
DEPRECIATION
At 1 March 2023 11,028 47,900 5,193 64,121
Charge for year 2,484 19,457 1,021 22,962
At 29 February 2024 13,512 67,357 6,214 87,083
NET BOOK VALUE
At 29 February 2024 14,076 58,370 3,064 75,510
At 28 February 2023 16,560 77,827 4,085 98,472

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,194 70,613
Other debtors 65,749 39,742
120,943 110,355

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 19,042 21,758
Hire purchase contracts 14,976 18,675
Trade creditors 94,923 90,498
Taxation and social security 36,389 30,583
Other creditors 24,019 18,656
189,349 180,170

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) 7,450 12,842
Hire purchase contracts 25,152 36,429
32,602 49,271

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 12,803 14,891
Bank loans 6,239 6,867
Other loans 21,511 16,467
40,553 38,225

Heat Different Limited (Registered number: 09450707)

Notes to the Financial Statements - continued
for the year ended 29 February 2024


8. LOANS - continued
2024 2023
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 7,450 12,842

9. RELATED PARTY DISCLOSURES

Included in other debtors is £30,428 (2023: £2,672) payable to the directors.

This is interest free and there are no fixed repayment terms.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its parent company; Different Group Ltd

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Heat Different Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Heat Different Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Heat Different Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Heat Different Limited and state those matters that we have agreed to state to the Board of Directors of Heat Different Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heat Different Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Heat Different Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Heat Different Limited. You consider that Heat Different Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Heat Different Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haines Watts
Chartered Accountants
Yare House
62-64 Thorpe Road
Norwich
Norfolk
NR1 1RY


21 June 2024