H C Hetherington & Co Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01194142 (England and Wales)

H C HETHERINGTON & CO LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S A Hetherington

SECRETARY:

Mrs S A Hetherington

REGISTERED OFFICE:

31 Portman Road,

Kings Heath,

Birmingham

West Midlands

B13 0SH

REGISTERED NUMBER:

01194142 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

-

Investment property

5

500,000

CURRENT ASSETS

Debtors

6

17,318

12,826

Cash at bank

45,367

78,463

62,685

91,289

CREDITORS

Amounts falling due within one year

7

90,531

140,657

NET CURRENT LIABILITIES

(27,846

)

(49,368

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

472,154

450,632

PROVISIONS FOR LIABILITIES

78,537

NET ASSETS

393,617

372,095

CAPITAL AND RESERVES

Called up share capital

5,001

Revaluation reserve

8

250,680

Fair value reserve

8

81,000

Retained earnings

56,936

35,414

SHAREHOLDERS' FUNDS

393,617

372,095

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 director acknowledges her 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 director and authorised for issue on 29 September 2025 and were signed by:

Mrs S A Hetherington - Director

1.	STATUTORY INFORMATION

H C Hetherington & Co 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

4,682

DEPRECIATION

At 1 January 2024

and 31 December 2024

4,682

NET BOOK VALUE

At 31 December 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

500,000

NET BOOK VALUE

At 31 December 2024

500,000

At 31 December 2023

500,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

15,575

10,665

Prepayments and accrued income

1,743

2,161

17,318

12,826

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Corporation tax

5,069

5,181

Directors' current accounts

70,976

120,990

Accruals and other creditors

14,486

90,531

140,657

8.

RESERVES

Fair

Revaluation

value

reserve

Totals

£

At 1 January 2024

and 31 December 2024

250,680

81,000

331,680