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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
Page
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Heston Cars London Limited Company Information for the year ended 31 July 2024
Director
Furqan Mahmood
Company Number
11316788 (England and Wales)
Registered Office
H C L Prestige Car Supermarket 594-596 London Road Ashford Middlesex TW15 3AF England
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Heston Cars London Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
14,246 
14,246 
Tangible assets
446,396 
209,538 
460,642 
223,784 
Current assets
Inventories
1,103,837 
891,366 
Debtors
557,903 
460,028 
Cash at bank and in hand
191,695 
160,443 
1,853,435 
1,511,837 
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 
Capital and reserves
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
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Heston Cars London Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
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 
£ 
Cost
At 1 August 2023
14,246 
At 31 July 2024
14,246 
Amortisation
At 1 August 2023
- 
At 31 July 2024
- 
Net book value
At 31 July 2024
14,246 
At 31 July 2023
14,246 
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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 
Depreciation
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 
Net book value
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 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
52,167 
50,091 
Trade debtors
87,143 
123,197 
Accrued income and prepayments
135,001 
48,148 
Other debtors
283,592 
238,592 
557,903 
460,028 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
34,106 
17,755 
Trade creditors
98,750 
102,569 
Taxes and social security
34,227 
47,076 
Other creditors
43,406 
23,849 
210,489 
191,249 
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 
1,394,019 
1,012,469 
9
Average number of employees
During the year the average number of employees was 8 (2023: 6).
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