Registration number: 3516064

N A Heath Contracting Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

N A Heath Contracting Limited

Company Information

Directors

N Heath L E Heath

Registered office

Unit 23 Tokenspire Business Park Hull Road Woodmansey Beverley HU17 0TB

N A Heath Contracting Limited

(Registration number: 3516064)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	128,307	163,817
Current assets
Stocks	6	75,456	110,000
Debtors	7	1,478,815	1,259,646
Cash at bank and in hand		389,661	308,616
		1,943,932	1,678,262
Creditors: Amounts falling due within one year	8	(793,870)	(799,246)
Net current assets		1,150,062	879,016
Total assets less current liabilities		1,278,369	1,042,833
Creditors: Amounts falling due after more than one year	8	(9,016)	(12,211)
Provisions for liabilities		(26,058)	(34,551)
Net assets		1,243,295	996,071
Capital and reserves
Called up share capital		100	100
Retained earnings		1,243,195	995,971
Shareholders' funds		1,243,295	996,071

For the financial 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.

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; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 September 2025 and signed on its behalf by:
 

......................................... N Heath Director

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 3516064.

The address of its registered office is:
Unit 23
Tokenspire Business Park
Hull Road
Woodmansey
Beverley
HU17 0TB

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of general construction and civil engineering services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% on reducing balance
Fixtures and fittings	15% on reducing balance
Plant and machinery	20% on reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Fully amortised under FRS102

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for goods sold in the ordinary course of business.

Trade debtors are recognised initially at the transaction price less any bad debts. A provision for the bad debts of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 27 (2024 - 27).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	150,000	150,000
At 31 March 2025	150,000	150,000
Amortisation
At 1 April 2024	150,000	150,000
At 31 March 2025	150,000	150,000
Carrying amount
At 31 March 2025	-	-

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	12,771	211,094	171,624	395,489
At 31 March 2025	12,771	211,094	171,624	395,489
Depreciation
At 1 April 2024	6,381	149,785	75,506	231,672
Charge for the year	959	15,327	19,224	35,510
At 31 March 2025	7,340	165,112	94,730	267,182
Carrying amount
At 31 March 2025	5,431	45,982	76,894	128,307
At 31 March 2024	6,390	61,309	96,118	163,817

6

Stocks

	2025 £	2024 £
Work in progress	40,000	40,000
Other inventories	35,456	70,000
	75,456	110,000

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Debtors

	Note	2025 £	2024 £
Trade debtors		395,414	196,180
Amounts owed by Company undertakings and undertakings in which the Company has a participating interest	10	770,217	841,064
Prepayments		14,925	14,342
Other debtors		298,259	208,060
		1,478,815	1,259,646

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	6,991	148,646
Trade creditors		553,184	589,810
Taxation and social security		207,174	32,853
Accruals and deferred income		26,271	25,304
Other creditors		250	2,633
		793,870	799,246

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	9,016	12,211

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	9,016	12,211

N A Heath Contracting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	3,195	22,708
Other borrowings	3,796	125,938
	6,991	148,646

The hire purchase obligations are secured on the assets they relate to, other borrowings relate to an unsecured short term loan.

10	Related party transactions

The company's immediate parent is Heath Holdings Beverley Limited, copies of the financial statements are available from Heath Holdings Beverley Limited registered office; Unit 23, Tokenspire Business Park, Hull Road, Woodmansey, Beverley, HU17 0TB.

The company has taken advantage of the exemption in FRS102 Section 1A from disclosing transactions with its parent.

LEH Plant Hire Limted

(a Company owned by and also under the directorship of L Heath)

At the year end, the amount due to LEH Plant Hire Limited by N A Heath Contracting Limited was £17,303 (2024: £54,627). The amount is unsecured, interest-free and repayable on demand.

Transactions with Directors

2025	At 1 April 2024 £	Advances to Director £	Repayments by Director £	At 31 March 2025 £
N Heath
Unsecured, interest free loan, repayable on demand	(37,317)	(291,532)	205,000	(123,849)
L E Heath
Unsecured, Interest free loan, repayable on demand	(104,939)	(99,295)	105,000	(99,234)