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REGISTERED NUMBER: 11214692 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Heritatum Collectibles Limited

Heritatum Collectibles Limited (Registered number: 11214692)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Heritatum Collectibles Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: B Pitcher





REGISTERED OFFICE: 50 Hill View Road
Rusthall
Tunbridge Wells
Kent
TN4 8UH





REGISTERED NUMBER: 11214692 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Heritatum Collectibles Limited (Registered number: 11214692)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 35 248

CURRENT ASSETS
Stocks 25,322 27,012
Debtors 5 7,963 19,692
Cash at bank 52,572 85,780
85,857 132,484
CREDITORS
Amounts falling due within one year 6 (47,619 ) (68,845 )
NET CURRENT ASSETS 38,238 63,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,273

63,887

CREDITORS
Amounts falling due after more than one year 7 (29,515 ) (34,624 )
NET ASSETS 8,758 29,263

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 8,757 29,262
SHAREHOLDERS' FUNDS 8,758 29,263

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 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.

Heritatum Collectibles Limited (Registered number: 11214692)

Balance Sheet - continued
29 February 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 director and authorised for issue on 29 November 2024 and were signed by:





B Pitcher - Director


Heritatum Collectibles Limited (Registered number: 11214692)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Heritatum Collectibles 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 25% on cost

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

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

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

Heritatum Collectibles Limited (Registered number: 11214692)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 852
DEPRECIATION
At 1 March 2023 604
Charge for year 213
At 29 February 2024 817
NET BOOK VALUE
At 29 February 2024 35
At 28 February 2023 248

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,536 19,692
Tax Debtors 4,372 -
VAT 55 -
7,963 19,692

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bounce Back Loan 5,110 4,984
Trade creditors 15,686 11,798
Corporation tax 75 12,264
VAT - 393
Other creditors - 80
Directors' current accounts 25,558 38,466
Accrued expenses 1,190 860
47,619 68,845

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Loan more than 1 year 29,515 34,624

Heritatum Collectibles Limited (Registered number: 11214692)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. RESERVES
Retained
earnings
£   

At 1 March 2023 29,262
Deficit for the year (20,505 )
At 29 February 2024 8,757

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B Pitcher by virtue of holding 100% share capital of the company and being the director of the company.