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Company Registration No. 06767723 (England and Wales)
Heart of the Country Ltd Unaudited accounts for the year ended 31 December 2024
Heart of the Country Ltd Unaudited accounts Contents
Page
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Heart of the Country Ltd Company Information for the year ended 31 December 2024
Directors
Ben Stubbs Toby Stubbs Simon Stubbs Lesley Stubbs
Company Number
06767723 (England and Wales)
Registered Office
Home Farm Old London Road Swinfen Lichfield WS14 9QR UK
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Heart of the Country Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
219,183 
230,719 
Tangible assets
4,203 
5,603 
223,386 
236,322 
Current assets
Inventories
175,281 
148,859 
Debtors
179,776 
356,530 
Cash at bank and in hand
513,484 
319,842 
868,541 
825,231 
Creditors: amounts falling due within one year
(296,270)
(282,269)
Net current assets
572,271 
542,962 
Net assets
795,657 
779,284 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
795,457 
779,084 
Shareholders' funds
795,657 
779,284 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 20 April 2025 and were signed on its behalf by
Ben Stubbs Director Company Registration No. 06767723
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Heart of the Country Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Heart of the Country Ltd is a private company, limited by shares, registered in England and Wales, registration number 06767723. The registered office is Home Farm, Old London Road, Swinfen, Lichfield, WS14 9QR, UK.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: 25% reducing balance. Goodwill 5% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. 5% reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
498,000 
At 31 December 2024
498,000 
Amortisation
At 1 January 2024
267,281 
Charge for the year
11,536 
At 31 December 2024
278,817 
Net book value
At 31 December 2024
219,183 
At 31 December 2023
230,719 
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Heart of the Country Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
14,554 
20,700 
4,041 
39,295 
At 31 December 2024
14,554 
20,700 
4,041 
39,295 
Depreciation
At 1 January 2024
14,053 
16,360 
3,279 
33,692 
Charge for the year
125 
1,085 
190 
1,400 
At 31 December 2024
14,178 
17,445 
3,469 
35,092 
Net book value
At 31 December 2024
376 
3,255 
572 
4,203 
At 31 December 2023
501 
4,340 
762 
5,603 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
80,561 
162,224 
Accrued income and prepayments
13,534 
103,003 
Other debtors
17,068 
8,980 
111,163 
274,207 
Amounts falling due after more than one year
Other debtors
68,613 
82,323 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
35,392 
49,476 
Trade creditors
133,412 
110,165 
Taxes and social security
13,738 
5,421 
Other creditors
133 
1,935 
Accruals
113,595 
115,272 
296,270 
282,269 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Transactions with related parties
Pear Tree Creperie debtor £67857 Heart of the Country (Holdings Ltd) debtor £756
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Heart of the Country Ltd Notes to the Accounts for the year ended 31 December 2024
10
Controlling party
Heart of the Country Holdings Ltd. Home Farm. WS14 9QR
11
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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