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REGISTERED NUMBER: 06244445 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

HEATH ESTATES LTD

HEATH ESTATES LTD (REGISTERED NUMBER: 06244445)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

HEATH ESTATES LTD

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J D Worthington





SECRETARY: J D Worthington





REGISTERED OFFICE: Suite 139
61 Victoria Road
Surbiton
KT6 4JX





REGISTERED NUMBER: 06244445 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

HEATH ESTATES LTD (REGISTERED NUMBER: 06244445)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 126,753 126,753

CURRENT ASSETS
Debtors 5 1,000 1,000
Cash at bank 6,622 6,622
7,622 7,622
CREDITORS
Amounts falling due within one year 6 148,167 147,567
NET CURRENT LIABILITIES (140,545 ) (139,945 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,792 ) (13,192 )

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 (14,792 ) (14,192 )
SHAREHOLDERS' FUNDS (13,792 ) (13,192 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 November 2024 and were signed by:





J D Worthington - Director


HEATH ESTATES LTD (REGISTERED NUMBER: 06244445)

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

1. STATUTORY INFORMATION

HEATH ESTATES 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.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 126,753
NET BOOK VALUE
At 31 May 2024 126,753
At 31 May 2023 126,753

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 1,000 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 148,167 147,567

7. SECURED DEBTS

At the balance sheet date, in respect of National Westminster Bank PLC there exists fixed and floating charges over the Limited Company. Additionally the charge covers all property and assets present and future including goodwill, uncalled capital, buildings, fixtures and fixed plant and machinery.

Also, at the balance sheet date, in respect of National Westminster Bank PLC there exists a fixed charge on 35 Buckingham Avenue, Thornton Heath, Surrey for the benefit of all covenants and rights concerning the property and plant machinery fixtures fittings furniture equipment implements and utensils the goodwill of any business carried on at the property and the proceeds of any insurance affecting the property or assets.

HEATH ESTATES LTD (REGISTERED NUMBER: 06244445)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 June 2023 (14,192 )
Deficit for the year (600 )
At 31 May 2024 (14,792 )

10. RELATED PARTY DISCLOSURES

Included in other creditors is a loan of £43,150 (£43,150 - 2023) owed to Mr J D Worthington who is a director of the company.

Also included is an amount of £101,272 (£101,272 - 2023) due to SPW Estates Limited, a company owning a majority of the share capital in this company.

11. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
HEATH ESTATES LTD (Registered number: 06244445)

The following reproduces the text of the report prepared for the director 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 Income Statement and certain other primary statements and the Report of the Director 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 HEATH ESTATES LTD for the year ended 31 May 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 director of HEATH ESTATES LTD in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of HEATH ESTATES LTD and state those matters that we have agreed to state to the director of HEATH ESTATES LTD 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 HEATH ESTATES LTD and its director for our work or for this report.

It is your duty to ensure that HEATH ESTATES LTD 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 loss of HEATH ESTATES LTD. You consider that HEATH ESTATES LTD 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 HEATH ESTATES LTD. 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.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


14 November 2024