The Heath Hall Sports & Social Ltd

The Heath Hall Sports & Social Ltd
Statement of Financial Position
As at 30 November 2024

	Notes	2024 £	2023 £
Fixed assets
Intangible fixed assets	3	3,600	4,200
Tangible fixed assets	4	383	511
		3,983	4,711
Current assets
Debtors	5	108,493	107,782
Cash at bank and in hand		318	348
		108,811	108,130
Creditors: amount falling due within one year	6	(1,014)	(4,276)
Net current assets		107,797	103,854

Total assets less current liabilities		111,780	108,565
Provisions for liabilities	7	(130)	(130)
Net assets		111,650	108,435

Capital and reserves
Called up share capital	8	3	3
Profit and loss account		111,647	108,432
Shareholders' funds		111,650	108,435

For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 04 November 2025 and were signed on its behalf by:

-------------------------------
Ian John William Ross
Director

The Heath Hall Sports & Social Ltd
Notes to the Financial Statements
For the year ended 30 November 2024

General Information

The Heath Hall Sports & Social Ltd is a private company, limited by shares, registered in England and Wales, registration number 07037143, registration address Penny Lane Business Centre, 374 Smithdown Road, Liverpool, Merseyside, L15 5AN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 December 2023	12,000	12,000
Additions	-	-
Disposals	-	-
At 30 November 2024	12,000	12,000
Amortisation
At 01 December 2023	7,800	7,800
Charge for year	600	600
On disposals	-	-
At 30 November 2024	8,400	8,400
Net book values
At 30 November 2024	3,600	3,600
At 30 November 2023	4,200	4,200

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 December 2023	19,483	19,483
Additions	-	-
Disposals	-	-
At 30 November 2024	19,483	19,483
Depreciation
At 01 December 2023	18,972	18,972
Charge for year	128	128
On disposals	-	-
At 30 November 2024	19,100	19,100
Net book values
Closing balance as at 30 November 2024	383	383
Opening balance as at 01 December 2023	511	511

Debtors: amounts falling due within one year

	2024 £		2023 £
Trade Debtors	108,493		107,782
	108,493		107,782

Creditors: amount falling due within one year

	2024 £	2023 £
Corporation Tax	925	1,759
Directors' Current Accounts	-	2,427
VAT	89	90
	1,014	4,276

Provisions for liabilities

	2024 £		2023 £
Deferred Tax	130		130
	130		130

Share Capital

Authorised
1 Ordinary share of £1.00 each
1 A Ordinary share of £1.00 each
1 B Ordinary share of £1.00 each

Allotted, called up and fully paid	2024 £	2023 £
1 Ordinary share of £1.00 each	1	1
1 A Ordinary share of £1.00 each	1	1
1 B Ordinary share of £1.00 each	1	1
	3	3

Registered Number: 07037143
England and Wales
Filleted Accounts

for the year ended 30 November 2024
for
THE HEATH HALL SPORTS & SOCIAL LTD