Heim Build Ltd - Filleted accounts

Registered number

SC728125

Heim Build Ltd

Unaudited Filleted Accounts

31 March 2025

Heim Build Ltd
Registered number:		SC728125
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		71,959			82,668

Current assets
Stocks		78,850			61,913
Debtors	4	12,968			39,875
Cash at bank and in hand		18,824			119,875
		110,642			221,663

Creditors: amounts falling due within one year	5	(87,385)			(156,563)

Net current assets			23,257			65,100

Total assets less current liabilities			95,216			147,768


Provisions for liabilities			(13,672)			(15,707)


Net assets			81,544			132,061

Capital and reserves
Called up share capital			76			100
Capital redemption reserve			24			-
Profit and loss account			81,444			131,961

Shareholders' funds			81,544			132,061

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Macleod
Director
Approved by the board on 23 December 2025

Heim Build Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			Over the life of the lease or 20% per annum
				reducing balance basis
	Plant and machinery			20% per annum on a reducing balance basis
	Motor vehicles			25% per annum on a reducing balance basis

	Stocks and work in progress
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. Work in progress is valued at the recoverable amount of the services provided at the year end date.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined benefit contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		7


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	3,246		94,658		32,596		130,500
	Additions	-		6,426		2,000		8,426
	At 31 March 2025	3,246		101,084		34,596		138,926

	Depreciation
	At 1 April 2024	1,168		32,403		14,261		47,832
	Charge for the year	416		13,736		4,983		19,135
	At 31 March 2025	1,584		46,139		19,244		66,967

	Net book value
	At 31 March 2025	1,662		54,945		15,352		71,959
	At 31 March 2024	2,078		62,255		18,335		82,668


4	Debtors					2025		2024
£							£

	Trade debtors					9,659		33,944
	Other debtors					3,309		5,931
						12,968		39,875


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					9,550		12,104
	Taxation and social security costs					16,040		12,044
	Other creditors					61,795		132,415
						87,385		156,563


6	Share buyback and cancellation of shares

	On 5 April 2024 the company made an off market purchase of 24 of its ordinary £1 shares at a price of £950 per share from a resigning Director and shareholder. These shares were subsequently cancelled on 29 April 2024.


7	Other information

	Heim Build Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Kylerona Farm
	Ardersier
	Inverness
	IV2 7QZ