Company Registration No. NI673653 (Northern Ireland)
Heffron Developments Limited
Unaudited accounts
for the year ended 31 March 2025
Heffron Developments Limited
Statement of financial position
as at 31 March 2025
Creditors: amounts falling due within one year
(50)
(50)
Called up share capital
100
100
Shareholders' funds
100
100
For the year ending 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 director acknowledges his 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 and authorised for issue on 4 December 2025 and were signed on its behalf by
Patrick Heffron
Director
Company Registration No. NI673653
Heffron Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Heffron Developments Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI673653. The registered office is 13 Main Street, Hillsborough, BT26 6AE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Having reviewed the resources available, the director believes that the company has adequate resources available to enable it to continue in operational existence for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Investments held as fixed assets are stated at cost less provision for any diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the financial period in which it is receivable.
4
Investments
Other investments
Valuation at 1 April 2024
50
Valuation at 31 March 2025
50
Fixed asset investments include equity shares in: (Control)
Neptune Group Limited (50%)
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
50
50
Heffron Developments Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
90 Ordinary A shares of £1 each
90
90
10 Ordinary B shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).