Company registration number 03752359 (England and Wales)
HEH (DEVON) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
HEH (DEVON) LIMITED
COMPANY INFORMATION
Directors
Mr D N Lane
Mrs C A Lane
Secretary
Mrs C A Lane
Company number
03752359
Registered office
Lower Trelake Business Park
Tedburn Road, Whitestone
Exeter
Devon
United Kingdom
EX4 2HF
Accountants
Streets Bush Limited
2 Barnfield Crescent
Exeter
EX1 1QT
HEH (DEVON) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
HEH (DEVON) LIMITED
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
463,719
534,803
Cash at bank and in hand
35,189
21,248
498,908
556,051
Creditors: amounts falling due within one year
4
(64,510)
(64,671)
Net current assets
434,398
491,380
Capital and reserves
Called up share capital
5,000
5,000
Retained earnings
429,398
486,380
Total equity
434,398
491,380
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
HEH (DEVON) LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 17 March 2025 and are signed on its behalf by:
Mr D N Lane
Mrs C A Lane
Director
Director
Company Registration No. 03752359
HEH (DEVON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information
HEH (Devon) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lower Trelake Business Park, Tedburn Road, Whitestone, Exeter, Devon, United Kingdom, EX4 2HF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
HEH (DEVON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 4 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
463,719
534,803
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
64,510
64,671
5
Related party transactions
Included in other creditors are amounts loaned from a company under the control of the directors of £63,133 as at the year end. The loan is interest free and carries no fixed terms of repayment.
Included in other debtors are amounts loaned to a company under the control of a close family member of the directors of £408,063 as at the year end. The loan is interest free and carries no fixed terms of repayment.
Included in other debtors are amounts owed by the directors of £55,656 as at the year end. This loan is interest free and carries no fixed terms of repayment.