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REGISTERED NUMBER: 10338814 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

HERONS GROUP LIMITED

HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HERONS GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: H M Heron
H Abdul-Rahman
Ms H R Heron





REGISTERED OFFICE: Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE





REGISTERED NUMBER: 10338814 (England and Wales)





ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE

HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 4,541 4,764
Investment property 4 3,719,010 3,669,829
3,723,551 3,674,593

CURRENT ASSETS
Debtors 5 16,176 13,871
Cash at bank and in hand 120,892 133,225
137,068 147,096
CREDITORS
Amounts falling due within one year 6 (105,007 ) (74,223 )
NET CURRENT ASSETS 32,061 72,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,755,612

3,747,466

CREDITORS
Amounts falling due after more than one year 7 (479,536 ) (487,316 )

PROVISIONS FOR LIABILITIES (821 ) (854 )
NET ASSETS 3,275,255 3,259,296

CAPITAL AND RESERVES
Called up share capital 636 636
Share premium 3,179,700 3,179,700
Retained earnings 94,919 78,960
3,275,255 3,259,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)

BALANCE SHEET - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:





H Abdul-Rahman - Director


HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 16,702
Additions 968
At 31 August 2024 17,670
DEPRECIATION
At 1 September 2023 11,938
Charge for year 1,191
At 31 August 2024 13,129
NET BOOK VALUE
At 31 August 2024 4,541
At 31 August 2023 4,764

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 3,669,829
Additions 49,181
At 31 August 2024 3,719,010
NET BOOK VALUE
At 31 August 2024 3,719,010
At 31 August 2023 3,669,829

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 16,176 13,871

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,314 156
Taxation and social security 7,619 10,184
Other creditors 94,074 63,883
105,007 74,223

HERONS GROUP LIMITED (REGISTERED NUMBER: 10338814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 479,536 487,316