Company Registration No. 11316788 (England and Wales)
Heston Cars London Limited
Unaudited accounts
for the year ended 31 July 2024
Heston Cars London Limited
Unaudited accounts
Contents
Heston Cars London Limited
Company Information
for the year ended 31 July 2024
Company Number
11316788 (England and Wales)
Registered Office
H C L Prestige Car Supermarket
594-596 London Road
Ashford
Middlesex
TW15 3AF
England
Heston Cars London Limited
Statement of financial position
as at 31 July 2024
Intangible assets
14,246
14,246
Tangible assets
446,396
209,538
Inventories
1,103,837
891,366
Cash at bank and in hand
191,695
160,443
Creditors: amounts falling due within one year
(210,489)
(191,249)
Net current assets
1,642,946
1,320,588
Total assets less current liabilities
2,103,588
1,544,372
Creditors: amounts falling due after more than one year
(1,394,019)
(1,012,469)
Net assets
709,569
531,903
Called up share capital
158,100
158,100
Profit and loss account
551,469
373,803
Shareholders' funds
709,569
531,903
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 January 2025 and were signed on its behalf by
Furqan Mahmood
Director
Company Registration No. 11316788
Heston Cars London Limited
Notes to the Accounts
for the year ended 31 July 2024
Heston Cars London Limited is a private company, limited by shares, registered in England and Wales, registration number 11316788. The registered office is H C L Prestige Car Supermarket, 594-596 London Road, Ashford, Middlesex, TW15 3AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Other
Heston Cars London Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
76,634
74,599
67,529
14,533
233,295
Additions
5,122
24,473
244,908
2,211
276,714
At 31 July 2024
81,756
99,072
312,437
16,744
510,009
At 1 August 2023
7,008
1,244
12,056
3,449
23,757
Charge for the year
13,705
9,710
13,386
3,055
39,856
At 31 July 2024
20,713
10,954
25,442
6,504
63,613
At 31 July 2024
61,043
88,118
286,995
10,240
446,396
At 31 July 2023
69,626
73,355
55,473
11,084
209,538
Amounts falling due within one year
Trade debtors
87,143
123,197
Accrued income and prepayments
135,001
48,148
Other debtors
283,592
238,592
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
98,750
102,569
Taxes and social security
34,227
47,076
Other creditors
43,406
23,849
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
442,718
194,408
Obligations under finance leases and hire purchase contracts
160,610
147,411
Other creditors
696,221
562,853
Loans from directors
94,470
107,797
9
Average number of employees
During the year the average number of employees was 8 (2023: 6).