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Company Registration No. 11730086 (England and Wales)
Heaps Development Limited Unaudited accounts for the year ended 30 June 2025
Heaps Development Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Heaps Development Limited Company Information for the year ended 30 June 2025
Directors
Neil McNeil Shirley McNeil
Company Number
11730086 (England and Wales)
Registered Office
Heaps Farm Mottram Old Road Stalybridge SK15 2TE
Accountants
Elevate Accounting Solutions Limited 14 John Bradshaw Court Alexandria Way Congleton CW12 1LB
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Heaps Development Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
140,574
140,574
Current assets
Inventories
260,862
219,885
Debtors
5
504
744
Cash at bank and in hand
10,457
518
271,823
221,147
Creditors: amounts falling due within one year
6
(624,986)
(573,007)
Net current liabilities
(353,163)
(351,860)
Net liabilities
(212,589)
(211,286)
Capital and reserves
Called up share capital
200
200
Profit and loss account
(212,789)
(211,486)
Shareholders' funds
(212,589)
(211,286)
For the year ending 30 June 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 23 October 2025 and were signed on its behalf by
Neil McNeil Director Company Registration No. 11730086
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Heaps Development Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Heaps Development Limited is a private company, limited by shares, registered in England and Wales, registration number 11730086. The registered office is Heaps Farm, Mottram Old Road, Stalybridge, SK15 2TE.
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. 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:
Land & buildings
No depreciation
Inventories
In respect of work in progress, cost includes a relevant proportion of development costs according to the stage of completion.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 July 2024
140,574
At 30 June 2025
140,574
Depreciation
At 30 June 2025
-
Net book value
At 30 June 2025
140,574
At 30 June 2024
140,574
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Heaps Development Limited Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
504
744
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
542
Other creditors
15,000
-
Loans from directors
609,986
572,465
624,986
573,007
7
Controlling party
Until 30th August 2022, there was no controlling party. From 30th August 2022, Neil & Shirley McNeil were the ultimate controlling party.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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