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REGISTERED NUMBER: 03709280 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

HESTON SERVICES LIMITED

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HESTON SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: C S Lamb





SECRETARY: E A Lamb





REGISTERED OFFICE: 3 Blacklands Crescent
Forest Row
East Sussex
RH18 5NN





REGISTERED NUMBER: 03709280 (England and Wales)





ACCOUNTANTS: Charles Lamb
Chartered Accountants
3 Blacklands Crescent
Forest Row
East Sussex
RH18 5NN

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118 -
Investment property 5 639,641 633,347
639,759 633,347

CURRENT ASSETS
Debtors 6 564 540
Cash at bank 1,379 1,933
1,943 2,473
CREDITORS
Amounts falling due within one year 7 84,075 83,969
NET CURRENT LIABILITIES (82,132 ) (81,496 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

557,627

551,851

CREDITORS
Amounts falling due after more than one
year

8

(170,381

)

(170,193

)

PROVISIONS FOR LIABILITIES (30,098 ) (26,832 )
NET ASSETS 357,148 354,826

CAPITAL AND RESERVES
Called up share capital 80,000 80,000
Retained earnings 277,148 274,826
SHAREHOLDERS' FUNDS 357,148 354,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


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 24 February 2025 and were signed by:





C S Lamb - Director


HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Heston Services 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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2022 12,572
Additions 157
At 31 August 2023 12,729
DEPRECIATION
At 1 September 2022 12,572
Charge for year 39
At 31 August 2023 12,611
NET BOOK VALUE
At 31 August 2023 118
At 31 August 2022 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022 633,347
Revaluations 6,294
At 31 August 2023 639,641
NET BOOK VALUE
At 31 August 2023 639,641
At 31 August 2022 633,347

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2015 49,875
Valuation in 2016 60,419
Valuation in 2017 59,081
Valuation in 2018 (5,125 )
Valuation in 2019 (2,820 )
Valuation in 2020 55,485
Valuation in 2021 (13,487 )
Valuation in 2022 83,144
Valuation in 2023 6,294
Cost 346,775
639,641

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 346,775 346,775

Investment property was valued on an open market basis basis on 31 August 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 335 -
Other debtors 229 540
564 540

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,592 4,239
Other creditors 78,483 79,730
84,075 83,969

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 170,381 170,193

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 170,381 170,193

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans 170,381 170,193

The mortgage is secured by a fixed charge over one of the company's investment properties and by a guarantee given by C S Lamb, the director.

HESTON SERVICES LIMITED (REGISTERED NUMBER: 03709280)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

10. RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to Charles Lamb Professional Services Limited of £76,536, which is unsecured, interest free and repayable on demand. This company is owned by C S Lamb, the director.

Included in other creditors is an amount of £124 due to E A Lamb, the director's wife, which is unsecured and repayable on demand. Interest at 2% is charged on all amounts due to the company, but the loan is otherwise interest free.