Company registration number 01406841 (England and Wales)
HEATHMOSS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
HEATHMOSS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
HEATHMOSS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
6
500,000
500,000
Current assets
Debtors
7
450
-
0
Cash at bank and in hand
25,831
42,927
26,281
42,927
Creditors: amounts falling due within one year
Taxation and social security
7,552
8,663
Other creditors
103,317
118,106
110,869
126,769
Net current liabilities
(84,588)
(83,842)
Net assets
415,412
416,158
Capital and reserves
Called up share capital
8
100
100
Other reserves
156,260
156,260
Profit and loss reserves
259,052
259,798
Total equity
415,412
416,158
HEATHMOSS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial 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.

T he members have not required the company to obtain an audit of its financial statements 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 financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 December 2025 and are signed on its behalf by:
Mr J Donnelly
Director
Company registration number 01406841 (England and Wales)
HEATHMOSS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
Share capital
Fair value reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 April 2023
100
181,260
255,915
437,275
Year ended 31 March 2024:
Loss and total comprehensive income
-
-
(19,117)
(19,117)
Dividends
4
-
-
(2,000)
(2,000)
Transfers
-
(25,000)
25,000
-
Balance at 31 March 2024
100
156,260
259,798
416,158
Year ended 31 March 2025:
Profit and total comprehensive income
-
-
254
254
Dividends
4
-
-
(1,000)
(1,000)
Balance at 31 March 2025
100
156,260
259,052
415,412
HEATHMOSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
1
Accounting policies
Company information

Heathmoss Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lane Head Farm, Spark Bridge, Ulverston, Cumbria, LA12 8BX.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

HEATHMOSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

HEATHMOSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
191
1,380
4
Dividends
2025
2024
£
£
Final paid
1,000
2,000
HEATHMOSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
5
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2024 and 31 March 2025
32,680
Depreciation and impairment
At 1 April 2024 and 31 March 2025
32,680
Carrying amount
At 31 March 2025
-
0
At 31 March 2024
-
0
6
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
500,000

The investment property was valued by the directors based on recent offer to purchase.

7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
450
-
0
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
51
51
51
51
Ordinary B Shares of £1 each
49
49
49
49
100
100
100
100
9
Fair value reserve
2025
2024
£
£
At the beginning of the year
156,260
181,260
Additions
-
(25,000)
At the end of the year
156,260
156,260
2025-03-31 2024-04-01 false false false 10 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr J Donnelly Mrs J Donnelly 01406841 2024-04-01 2025-03-31 01406841 2025-03-31 01406841 2024-03-31 01406841 core:CurrentFinancialInstruments 2025-03-31 01406841 core:CurrentFinancialInstruments 2024-03-31 01406841 core:ShareCapital 2025-03-31 01406841 core:ShareCapital 2024-03-31 01406841 core:OtherMiscellaneousReserve 2025-03-31 01406841 core:OtherMiscellaneousReserve 2024-03-31 01406841 core:RetainedEarningsAccumulatedLosses 2025-03-31 01406841 core:RetainedEarningsAccumulatedLosses 2024-03-31 01406841 core:ShareCapital 2023-03-31 01406841 core:RetainedEarningsAccumulatedLosses 2023-03-31 01406841 core:ShareCapitalOrdinaryShareClass1 2025-03-31 01406841 core:ShareCapitalOrdinaryShareClass1 2024-03-31 01406841 core:ShareCapitalOrdinaryShareClass2 2025-03-31 01406841 core:ShareCapitalOrdinaryShareClass2 2024-03-31 01406841 core:ShareCapitalOrdinaryShares 2025-03-31 01406841 core:ShareCapitalOrdinaryShares 2024-03-31 01406841 bus:Director1 2024-04-01 2025-03-31 01406841 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 01406841 2023-04-01 2024-03-31 01406841 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 01406841 core:FurnitureFittings 2024-04-01 2025-03-31 01406841 core:UKTax 2024-04-01 2025-03-31 01406841 core:UKTax 2023-04-01 2024-03-31 01406841 core:FurnitureFittings 2024-03-31 01406841 core:FurnitureFittings 2025-03-31 01406841 core:FurnitureFittings 2024-03-31 01406841 2024-03-31 01406841 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 01406841 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 01406841 bus:OrdinaryShareClass1 2025-03-31 01406841 bus:OrdinaryShareClass1 2024-03-31 01406841 bus:OrdinaryShareClass2 2025-03-31 01406841 bus:OrdinaryShareClass2 2024-03-31 01406841 bus:AllOrdinaryShares 2025-03-31 01406841 bus:AllOrdinaryShares 2024-03-31 01406841 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01406841 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01406841 bus:FRS102 2024-04-01 2025-03-31 01406841 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 01406841 bus:Director2 2024-04-01 2025-03-31 01406841 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP