HEIGHLINER LIMITED


Director	SHANNON, Gordon


Company Secretary	SHANNON, Gordon


Registered Address	128 City Road
	London
	EC1V 2NX


Registered Number	13309742 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,389		2,112
			2,389		2,112
Current assets
Debtors	4	232		40,628
Cash at bank and on hand		3,855		10,071
		4,087		50,699
Creditors amounts falling due within one year	5	(67,766)		(100,952)
Net current assets (liabilities)			(63,679)		(50,253)
Total assets less current liabilities			(61,290)		(48,141)
Net assets			(61,290)		(48,141)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(61,390)		(48,241)
Shareholders' funds			(61,290)		(48,141)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 December 2025, and are signed on its behalf by:

SHANNON, Gordon
Director
Registered Company No. 13309742

HEIGHLINER LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The Company has negative reserves at the balance sheet date. The director continues to provide financial support by way of a director’s loan and has confirmed an intention to do so for at least twelve months from the date of approval of these financial statements. Accordingly, the director considers the going concern basis of preparation to be appropriate.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all fixed assets as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		3

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	6,580	6,580
Additions	2,568	2,568
At 31 March 25	9,148	9,148
Depreciation and impairment
At 01 April 24	4,468	4,468
Charge for year	2,291	2,291
At 31 March 25	6,759	6,759
Net book value
At 31 March 25	2,389	2,389
At 31 March 24	2,112	2,112

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	39,331
Other debtors	-	100
Prepayments and accrued income	232	1,197
Total	232	40,628

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	21,801
Bank borrowings and overdrafts	320	4,201
Taxation and social security	656	18,715
Other creditors	66,790	56,235
Total	67,766	100,952


	At the balance sheet date, the company owed £65,745 (2024: £55,826) to the Director and this amount is included within Other creditors. The loan is unsecured, interest free and repayable on demand.