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REGISTERED NUMBER: 14651468 (England and Wales)















Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Heatd Ltd

Heatd Ltd (Registered number: 14651468)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Heatd Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTOR: T J Steventon





REGISTERED OFFICE: 794 High Street
Kingswinford
West Midlands
DY6 8BQ





REGISTERED NUMBER: 14651468 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

Heatd Ltd (Registered number: 14651468)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,218 18,692

CURRENT ASSETS
Debtors 5 22,724 4,831
Cash at bank - 2,055
22,724 6,886
CREDITORS
Amounts falling due within one year 6 41,073 21,177
NET CURRENT LIABILITIES (18,349 ) (14,291 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,131 ) 4,401

CREDITORS
Amounts falling due after more than one year 7 5,417 11,791
NET LIABILITIES (15,548 ) (7,390 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (15,648 ) (7,490 )
SHAREHOLDERS' FUNDS (15,548 ) (7,390 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 8 April 2025 and were signed by:





T J Steventon - Director


Heatd Ltd (Registered number: 14651468)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Heatd Ltd 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.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Heatd Ltd (Registered number: 14651468)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 - 20,995 665 21,660
Additions 559 - - 559
Disposals - (10,995 ) - (10,995 )
At 28 February 2025 559 10,000 665 11,224
DEPRECIATION
At 1 March 2024 - 2,749 219 2,968
Charge for year 140 2,500 147 2,787
Eliminated on disposal - (2,749 ) - (2,749 )
At 28 February 2025 140 2,500 366 3,006
NET BOOK VALUE
At 28 February 2025 419 7,500 299 8,218
At 29 February 2024 - 18,246 446 18,692

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 11,538 3,727
Other debtors 1,349 1,104
Directors' current accounts 9,837 -
22,724 4,831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 11,126 2,645
Other loans 15,686 12,000
Hire purchase contracts - 2,396
Trade creditors 5,986 1,759
Tax 4,275 -
VAT 3,420 1,559
Directors' current accounts - 289
Accrued expenses 580 529
41,073 21,177

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans - 2-5 years 5,417 6,855
Hire purchase contracts - 4,936
5,417 11,791

Heatd Ltd (Registered number: 14651468)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2024 (7,490 )
Profit for the year 13,842
Dividends (22,000 )
At 28 February 2025 (15,648 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is T J Steventon.