Heritage Interactive Ltd Accounts






Heritage Interactive Ltd

	Company No. 07121549
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was design, development and implementation of interactive technology.




Directors

The Directors who served at any time during the year were as follows:

James Brearley
William Yerkess








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

James Brearley
Director
14 November 2025

at	31 March 2025
Company No.		07121549	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	130,429	15,390


				130,429	15,390
Current assets

	Debtors		5	358,996	466,831

	Cash at bank and in hand			622,144	428,880
				981,140	895,711
Creditors: Amount falling due within one year			6	(445,566)	(217,645)
Net current assets				535,574	678,066
Total assets less current liabilities				666,003	693,456
Creditors: Amounts falling due after more than one year			7	(93,042)	-
Provisions for liabilities
	Deferred taxation			(32,610)	(3,850)

Net assets				540,351	689,606

Capital and reserves
	Called up share capital			11,220	11,220


	Capital redemption reserve		9	10	10
	Profit and loss account		9	529,121	678,376

Total equity				540,351	689,606



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 14 November 2025 and signed on its behalf by:
James Brearley
Director
14 November 2025

for the year ended 31 March 2025

General information

Heritage Interactive Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07121549

Its registered office is:

The Paddocks

Friars Well Estate

Wartnaby

Melton Mowbray

LE14 3HQ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The financial statements have been prepared on the going concern basis. The director is not aware of any material threats to the ability of the company to continue as a going concern for the foreseeable future.

Accounting policies

Turnover

Turnover represents the fair value of the consideration receivable in respect of services provided during the year. Where the outcome of a transaction can be estimated reliably, revenue associated with the transaction is recognised in the income statement by reference to the stage of completion at the year end.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Motor vehicles

25% Reducing balance

Furniture, fittings and equipment

25% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when:

(a) The contractual rights to the cash flows from the asset expire or are settled;

(b) Substantially all the risks and rewards of the ownership of the asset are transferred to another party; or

(c) Control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	9	9

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2024	596	-	54,235	54,831
		Additions	-	121,580	2,583	124,163



		At 31 March 2025	596	121,580	56,818	178,994
		Depreciation
		At 1 April 2024	577	-	38,864	39,441
		Charge for the year	19	5,066	4,039	9,124



		At 31 March 2025	596	5,066	42,903	48,565
		Net book values
		At 31 March 2025	-	116,514	13,915	130,429
		At 31 March 2024	19	-	15,371	15,390

5	Debtors
			2025	2024
			£	£
		Trade debtors	299,305	295,577
		Amounts owed by group undertakings	58,614	165,000



		Loans to directors	-	6,232
		Other debtors	713	22
		Prepayments and accrued income	364	-
			358,996	466,831

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£



		Obligations under finance lease and hire purchase contracts	10,558	-
		Trade creditors	234,358	97,242

		Taxes and social security	46,835	119,920
		Loans from directors	-	373
		Other creditors	1,452	110
		Accruals and deferred income	152,363	-
			445,566	217,645

7	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£



		Obligations under finance lease and hire purchase contracts	93,042	-




			93,042	-

Share Capital

Share capital consists of 11,220 Ordinary Shares of £1 each, which are fully paid.

9	Reserves
			Capital redemption reserve	Total other reserves
			£	£



		Transfers	10	10
		At 31 March 2024 and 1 April 2024	10	10



		At 31 March 2025	10	10


		Capital redemption reserve - records the nominal value of shares repurchased by the company.

		Profit and loss account - includes all current and prior period retained profits and losses.

10	Related party transactions
	During the year, the following loans to directors subsisted
	The details are as follows:


		2025	2024
	J Brearley	£	£
	Balance at 1 April 2024	6,232	7,014
	Amounts advanced	48,334	2,129
	Amounts repaid	(54,566)	(2,911)
	Balance at 31 March 2025	-	6,232

	W Yerkess
	Balance at 1 April 2024	(373)	(878)
	Amounts advanced	7,000	878
	Amounts repaid	(6,627)	(373)
	Balance at 31 March 2025	-	(373)














	N Brearley
	Balance at 1 April 2024	4,000	-
	Amounts advanced	-	4,000
	Amounts repaid	(4,000)	-
	Balance at 31 March 2025	-	-

	These balances are free of interest, unsecured and repayable upon demand.

	Transactions with parent undertaking
	At 31 March 2025 a balance of £59,614 (£166,000) was due to the company from the company's parent company.
	The balance is unsecured, free of interest and is repayable upon demand.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	233,127	251,024

			233,127	251,024

		Dividends by type:

		Equity dividends	233,127	251,024
			233,127	251,024