REGISTERED NUMBER: 05333574 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HEATHROW LDV LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M.R. West

REGISTERED OFFICE:

6

Merling Close

Chessington

Surrey

KT9 2GB

REGISTERED NUMBER:

05333574 (England and Wales)

ACCOUNTANTS:

TaxAgility Limited

1st Floor

Isabella House

12 Union Court

Richmond upon Thames

London

TW9 1AA

FIXED ASSETS

Property, plant and equipment

4

16,399

210

CURRENT ASSETS

Inventories

1,920,884

2,182,183

Debtors

5

4,399,007

3,883,532

Cash at bank

1,875,065

2,894,014

8,194,956

8,959,729

CREDITORS

Amounts falling due within one year

6

(4,836,526

)

(5,204,314

)

NET CURRENT ASSETS

3,358,430

3,755,415

TOTAL ASSETS LESS CURRENT LIABILITIES

3,374,829

3,755,625

PROVISIONS FOR LIABILITIES

(4,099

)

-

NET ASSETS

3,370,730

3,755,625

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

3,370,630

3,755,525

SHAREHOLDERS' FUNDS

3,370,730

3,755,625

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 26 November 2025 and were signed by:

Mr M.R. West - Director

1.	STATUTORY INFORMATION

Heathrow LDV 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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

5,054

2,044

36,503

43,601

Additions

-

-

21,825

21,825

Disposals

-

-

(36,503

)

(36,503

)

At 31 March 2025

5,054

2,044

21,825

28,923

DEPRECIATION

At 1 April 2024

5,028

2,031

36,332

43,391

Charge for year

6

3

5,456

5,465

Eliminated on disposal

-

-

(36,332

)

(36,332

)

At 31 March 2025

5,034

2,034

5,456

12,524

NET BOOK VALUE

At 31 March 2025

20

10

16,369

16,399

At 31 March 2024

26

13

171

210

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,573,302

3,490,774

Other debtors

825,705

392,758

4,399,007

3,883,532

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,796,875

4,140,262

Taxation and social security

(156,404

)

175,208

Other creditors

1,196,055

888,844

4,836,526

5,204,314

7.

RESERVES

Retained

earnings

£

At 1 April 2024

3,755,525

Deficit for the year

(384,842

)

PYA - reserve adjustment

(53

)

At 31 March 2025

3,370,630

8.	RELATED PARTY DISCLOSURES

It is confirmed that the director’s current account is debited with personal transactions and credited with director's remuneration.

The loan is unsecured, interest free and no repayment terms have been agreed. The balance owing to the director is £10,000 (2024:£ Nil)

9.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr & Mrs West, who are equal shareholders in the business.