1 August 2024 false Taxfiler 2024.6 14991964 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 14991964 2024-07-31 14991964 2024-08-01 2025-07-31 14991964 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 14991964 business:FilletedAccounts 2024-08-01 2025-07-31 14991964 2025-07-31 14991964 2024-07-31 14991964 core:WithinOneYear 2025-07-31 14991964 core:WithinOneYear 2024-07-31 14991964 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 14991964 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 14991964 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 14991964 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 14991964 core:PreviouslyStatedAmount 2025-07-31 14991964 core:PreviouslyStatedAmount 2024-07-31 14991964 business:SmallEntities 2024-08-01 2025-07-31 14991964 business:Director1 2024-08-01 2025-07-31 14991964 countries:EnglandWales 2024-08-01 2025-07-31 14991964 business:RegisteredOffice 2024-08-01 2025-07-31 14991964 core:MotorVehicles 2024-08-01 2025-07-31 14991964 core:ComputerEquipment 2024-08-01 2025-07-31 14991964 core:MotorVehicles 2024-07-31 14991964 core:ComputerEquipment 2024-07-31 14991964 core:MotorVehicles 2025-07-31 14991964 core:ComputerEquipment 2025-07-31 14991964 business:OrdinaryShareClass1 2024-08-01 2025-07-31 14991964 business:OrdinaryShareClass1 2023-07-10 2024-07-31 14991964 2023-07-10 2024-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14991964 (England and Wales)
Heathrow Freight Services Ltd Unaudited accounts for the year ended 31 July 2025
Heathrow Freight Services Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
Heathrow Freight Services Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
45,260
31,415
Current assets
Debtors
5
128,781
697
Cash at bank and in hand
14,085
3,677
142,866
4,374
Creditors: amounts falling due within one year
6
(132,415)
(47,919)
Net current assets/(liabilities)
10,451
(43,545)
Net assets/(liabilities)
55,711
(12,130)
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
55,709
(12,132)
Shareholders' funds
55,711
(12,130)
For the year ending 31 July 2025 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 12 September 2025 and were signed on its behalf by
Syed Muhammad Aamir Jafri Director Company Registration No. 14991964
- 3 -
Heathrow Freight Services Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Heathrow Freight Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14991964. The registered office is Unit 1, Bath Road, Sipson, West Drayton, UB7 0EX, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33.33% straight line basis
Computer equipment
33.33% straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 4 -
Heathrow Freight Services Ltd Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
43,150
-
43,150
Additions
35,064
3,897
38,961
Disposals
(9,500)
-
(9,500)
At 31 July 2025
68,714
3,897
72,611
Depreciation
At 1 August 2024
11,735
-
11,735
Charge for the year
16,000
935
16,935
On disposals
(1,319)
-
(1,319)
At 31 July 2025
26,416
935
27,351
Net book value
At 31 July 2025
42,298
2,962
45,260
At 31 July 2024
31,415
-
31,415
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
128,781
-
Other debtors
-
697
128,781
697
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
47,280
5,755
Trade creditors
9,530
-
Taxes and social security
6,737
-
Other creditors
1,000
442
Loans from directors
66,488
40,542
Accruals
1,380
1,180
132,415
47,919
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Controlling party
The company is controlled by the shareholders by virtue of their shareholding.
9
Average number of employees
During the year the average number of employees was 1 (2024: 0).
- 5 -