REGISTERED NUMBER: SC795638 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 JANUARY 2024 TO 31 JANUARY 2025

FOR

HEARTHS OF EDINBURGH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr V Kisnah

REGISTERED OFFICE:

24a Ainslie Place

Edinburgh

EH3 6AJ

BUSINESS ADDRESS:

Apartment 709

Quarry Building

15 Middlewood Street

Salford

M5 4YW

REGISTERED NUMBER:

SC795638 (Scotland)

ACCOUNTANTS:

Mitchell Edwards

Chartered Certified Accountants

24A Ainslie Place

Edinburgh

EH3 6AJ

BANKERS:

HSBC

118 Princes Street

Edinburgh

EH2 4AA

CURRENT ASSETS

Debtors

4

68

Cash at bank

219,569

219,637

CREDITORS

Amounts falling due within one year

5

221,606

NET CURRENT LIABILITIES

(1,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,969

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(1,970

)

(1,969

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 23 September 2025 and were signed by:

Dr V Kisnah - Director

1.	STATUTORY INFORMATION

Hearths Of Edinburgh Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.

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.

The company is insolvent at the balance sheet date, with net liabilities of £1,969. The continued trading of the company is dependant upon the financial support of the director, who has confirmed that they will continue to provide funding to the company as required for a period of at least 12 months from the date of approval of these financial statements.

Accordingly, the financial statements have been prepared on a going concern basis. If such support were not made available, the company would be unable to continue in operational existence.

Taxation

Taxation for the period 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 period 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 period was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

68

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

221,606

6.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the balance on a loan from a close family member amounted to £120,000. The loan is unsecured, interest free and repayable on demand.