Company registration number: 04972682
Unaudited financial statements
for the year ended 31 December 2024
for
Heming Services Limited
Pages for filing with the Registrar
Company registration number: 04972682
Heming Services Limited
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 - 151,396
- 151,396
Current assets
Stocks 95,000 82,800
Debtors 228,419 266,513
Cash at bank and in hand 161,380 151,842
484,799 501,155
Creditors: amounts falling due within one
year
(117,827) (244,376)
Net current assets 366,972 256,779
Total assets less current liabilities 366,972 408,175
Creditors: Amounts falling due after more
than one year
5 (74,018) (99,538)
NET ASSETS 292,954 308,637
Capital and reserves
Called up share capital 3 3
Profit and loss account 292,951 308,634
TOTAL EQUITY 292,954 308,637
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04972682
Heming Services Limited
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 29 April 2025 and signed on its behalf by:
Mr P Heming, Director
29 April 2025
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Heming Services Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Heming Services Limited is a private company registered in England and Wales. Its registered number is 04972682. The company is limited by shares. Its registered office is Heming Services Ltd, Collin Lane, Broadway, Worcestershire, WR12 7PE.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Computer equipment - 15% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Heming Services Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 14 (2023 - 15).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 170,544
Disposals (170,544)
At 31 December 2024 -
Depreciation
At 1 January 2024 19,148
Eliminated on disposal (19,148)
At 31 December 2024 -
Net book value
At 31 December 2024 -
At 31 December 2023 151,396
5 Creditors: amounts falling due after more than five years
2024 2023
£ £
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Heming Services Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
5 Creditors: amounts falling due after more than five years - continued
2024 2023
£ £
Repayable by instalments
Bank loans 5,270 10,648
Hire purchase and finance leases 26,668 46,667
31,938 57,315
6 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023.
2024 2023
£ £
R & Mrs P Heming
Balance outstanding at start of year 7,200 7,598
Amounts advanced 426 -
Amounts repaid - (398)
Balance outstanding at end of year 7,626 7,200
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