Filleted

Registration number: 05639589

Listed Heritage Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	4 to 9

Listed Heritage Limited

Company Information

Directors

Mrs Jennifer Susan Perryman Mr Ian Keith Perryman

Registered office

Suite 3 & 6, Block B Llys Y Barcud Cross Hands SA14 6RX

Listed Heritage Limited

(Registration number: 05639589)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	5	5,000	5,000
Tangible assets	6	181,193	182,371
		186,193	187,371
Current assets
Stocks	7	519,192	491,723
Cash at bank and in hand		8,090	65,739
		527,282	557,462
Creditors: Amounts falling due within one year	8	(756,704)	(774,561)
Net current liabilities		(229,422)	(217,099)
Total assets less current liabilities		(43,229)	(29,728)
Creditors: Amounts falling due after more than one year	8	(2,291)	(9,291)
Net liabilities		(45,520)	(39,019)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(45,620)	(39,119)
Total equity		(45,520)	(39,019)

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Listed Heritage Limited

(Registration number: 05639589)
Balance Sheet as at 31 March 2025

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

......................................... Mrs Jennifer Susan Perryman Director

Listed Heritage Limited

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

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Suite 3 & 6,
Block B Llys Y Barcud
Cross Hands
SA14 6RX

These financial statements were authorised for issue by the Board on 19 December 2025.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet 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
Plant and machinery	25% Reducing Balance
Motor vehicles	25% Reducing Balance
Land and buildings	No depreciation

Listed Heritage Limited

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

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
Website	No amortisation

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.

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.

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.

Listed Heritage Limited

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

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	1,179	1,572

Listed Heritage Limited

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

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	5,000	5,000
At 31 March 2025	5,000	5,000
Amortisation
Carrying amount
At 31 March 2025	5,000	5,000
At 31 March 2024	5,000	5,000

Revalued assets for the year ended 31 March 2024

6	Tangible assets

	Land and buildings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	177,656	50,752	13,383	241,791
At 31 March 2025	177,656	50,752	13,383	241,791
Depreciation
At 1 April 2024	-	47,042	12,378	59,420
Charge for the year	-	927	251	1,178
At 31 March 2025	-	47,969	12,629	60,598
Carrying amount
At 31 March 2025	177,656	2,783	754	181,193
At 31 March 2024	177,656	3,710	1,005	182,371

Included within the net book value of land and buildings above is £177,656 (2024 - £177,656) in respect of freehold land and buildings.
 

7

Stocks

	2025 £	2024 £
Work in progress	246,587	219,118
Other inventories	272,605	272,605
	519,192	491,723

Listed Heritage Limited

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

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdrafts	10	7,000	7,000
Directors' loan accounts	11	748,131	766,061
Other creditors		1,573	1,500
		756,704	774,561