IRIS Accounts Production v25.1.4.42 00964988 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh009649882024-03-31009649882025-03-31009649882024-04-012025-03-31009649882023-03-31009649882023-04-012024-03-31009649882024-03-3100964988ns15:EnglandWales2024-04-012025-03-3100964988ns14:PoundSterling2024-04-012025-03-3100964988ns10:Director12024-04-012025-03-3100964988ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3100964988ns10:SmallEntities2024-04-012025-03-3100964988ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3100964988ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3100964988ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3100964988ns10:FullAccounts2024-04-012025-03-3100964988ns10:OrdinaryShareClass12024-04-012025-03-3100964988ns10:Director22024-04-012025-03-3100964988ns10:Director32024-04-012025-03-3100964988ns10:Director42024-04-012025-03-3100964988ns10:CompanySecretary12024-04-012025-03-3100964988ns10:RegisteredOffice2024-04-012025-03-3100964988ns5:CurrentFinancialInstruments2025-03-3100964988ns5:CurrentFinancialInstruments2024-03-3100964988ns5:ShareCapital2025-03-3100964988ns5:ShareCapital2024-03-3100964988ns5:RetainedEarningsAccumulatedLosses2025-03-3100964988ns5:RetainedEarningsAccumulatedLosses2024-03-3100964988ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-012025-03-3100964988ns5:LeaseholdImprovements2024-04-012025-03-3100964988ns5:PlantMachinery2024-04-012025-03-3100964988ns5:FurnitureFittings2024-04-012025-03-3100964988ns5:ComputerEquipment2024-04-012025-03-3100964988ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3100964988ns5:LeaseholdImprovements2024-03-3100964988ns5:PlantMachinery2024-03-3100964988ns5:LandBuildingsns5:ShortLeaseholdAssets2025-03-3100964988ns5:LeaseholdImprovements2025-03-3100964988ns5:PlantMachinery2025-03-3100964988ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3100964988ns5:LeaseholdImprovements2024-03-3100964988ns5:PlantMachinery2024-03-3100964988ns5:FurnitureFittings2024-03-3100964988ns5:ComputerEquipment2024-03-3100964988ns5:FurnitureFittings2025-03-3100964988ns5:ComputerEquipment2025-03-3100964988ns5:FurnitureFittings2024-03-3100964988ns5:ComputerEquipment2024-03-3100964988ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3100964988ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3100964988ns10:OrdinaryShareClass12025-03-31
REGISTERED NUMBER: 00964988 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Heatherose Limited

Heatherose Limited (Registered number: 00964988)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Heatherose Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: J Ross
P Dalton
J Richmond
J J Ross





SECRETARY: J Ross





REGISTERED OFFICE: Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ





REGISTERED NUMBER: 00964988 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Heatherose Limited (Registered number: 00964988)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,042 16,858

CURRENT ASSETS
Stocks 250,000 278,609
Debtors 5 557,124 677,294
Cash at bank and in hand 635,316 327,461
1,442,440 1,283,364
CREDITORS
Amounts falling due within one year 6 468,202 437,017
NET CURRENT ASSETS 974,238 846,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

999,280

863,205

PROVISIONS FOR LIABILITIES 5,751 3,454
NET ASSETS 993,529 859,751

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 993,429 859,651
SHAREHOLDERS' FUNDS 993,529 859,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 21 July 2025 and were signed on its behalf by:





J Ross - Director


Heatherose Limited (Registered number: 00964988)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Heatherose 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.

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.
Short leasehold - 33% on reducing balance
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on 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.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

Heatherose Limited (Registered number: 00964988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2024 1,895 14,095 14,708
Additions - - 6,517
At 31 March 2025 1,895 14,095 21,225
DEPRECIATION
At 1 April 2024 1,895 5,963 10,763
Charge for year - 1,989 1,570
At 31 March 2025 1,895 7,952 12,333
NET BOOK VALUE
At 31 March 2025 - 6,143 8,892
At 31 March 2024 - 8,132 3,945

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 4,391 19,381 54,470
Additions 1,137 8,076 15,730
At 31 March 2025 5,528 27,457 70,200
DEPRECIATION
At 1 April 2024 1,250 17,741 37,612
Charge for year 780 3,207 7,546
At 31 March 2025 2,030 20,948 45,158
NET BOOK VALUE
At 31 March 2025 3,498 6,509 25,042
At 31 March 2024 3,141 1,640 16,858

Heatherose Limited (Registered number: 00964988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 544,696 665,134
Other debtors 12,428 12,160
557,124 677,294

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 206,651 254,051
Amounts owed to group undertakings 37,281 17,061
Taxation and social security 169,977 159,317
Other creditors 54,293 6,588
468,202 437,017

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100