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REGISTERED NUMBER: 05310916 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HEYFORD DEVELOPMENTS LIMITED

HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEYFORD DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J A Tomlinson
E Tomlinson





SECRETARY: J A Tomlinson





REGISTERED OFFICE: Elmcroft, 9, Welcombe Road
Stratford-Upon-Avon
Warwickshire
CV37 6UJ





REGISTERED NUMBER: 05310916 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
Corner Oak
1 Homer Road
Solihull
B91 3QG

HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 521,501 528,471
Investments 5 29,433 13,333
550,934 541,804

CURRENT ASSETS
Stocks 1,176,592 1,674,683
Debtors 6 128,692 137,646
Cash at bank 279,773 114,975
1,585,057 1,927,304
CREDITORS
Amounts falling due within one year 7 394,144 476,647
NET CURRENT ASSETS 1,190,913 1,450,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,741,847

1,992,461

PROVISIONS FOR LIABILITIES 3,167 4,409
NET ASSETS 1,738,680 1,988,052

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,738,580 1,987,952
SHAREHOLDERS' FUNDS 1,738,680 1,988,052

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

BALANCE SHEET - continued
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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





J A Tomlinson - Director


HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

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


1. STATUTORY INFORMATION

Heyford Developments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

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


2. ACCOUNTING POLICIES - continued

Investments
Investments held as fixed assets are shown at fair value with changes in value being recognised through the Profit and Loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 503,500 20,000 31,802 53,531 608,833
DEPRECIATION
At 1 January 2024 - 12,667 18,394 49,301 80,362
Charge for year - 2,000 3,913 1,057 6,970
At 31 December 2024 - 14,667 22,307 50,358 87,332
NET BOOK VALUE
At 31 December 2024 503,500 5,333 9,495 3,173 521,501
At 31 December 2023 503,500 7,333 13,408 4,230 528,471

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024 13,333
Additions 16,100
At 31 December 2024 29,433
NET BOOK VALUE
At 31 December 2024 29,433
At 31 December 2023 13,333

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,610 -
Other debtors 127,082 137,646
128,692 137,646

HEYFORD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 05310916)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,325 18,589
Taxation and social security 4,618 50,810
Other creditors 383,201 407,248
394,144 476,647