New Heritage Limited - Filleted accounts

Registered number

07900514

New Heritage Limited

Filleted Accounts

31 August 2025

New Heritage Limited
Registered number:		07900514
Balance Sheet Amended
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		3,813,642			3,885,485

Current assets
Stocks		79,263			60,954
Debtors	5	414,495			135,154
Cash at bank and in hand		16,503			19,986
		510,261			216,094

Creditors: amounts falling due within one year	6	(3,027,733)			(2,808,049)

Net current liabilities			(2,517,472)			(2,591,955)

Total assets less current liabilities			1,296,170			1,293,530

Creditors: amounts falling due after more than one year	7		(726,404)			(787,943)

Provisions for liabilities			(14,871)			(14,869)


Net assets			554,895			490,718

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			553,895			489,718

Shareholders' funds			554,895			490,718

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.




R L Suglani
Director
Approved by the board on 13 May 2026

New Heritage Limited
Notes to the Accounts Amended
for the year ended 31 August 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. The company recognises revenue from services 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative 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:

	Freehold buildings	1/2 % straight line
	Plant and machinery	10% reducing balance
	Intergral features	1/2 % reducing balance

	Stocks
	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts A provision for the impairment of receivables is established when there is objective evidence that the company will not be able to collect all amounts due acording to the original terms of the receivables.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Going Concern


	"The company meets its day to day working capital requirements through an overdraft and bank loan facility. The current economic conditions create uncertainty particularly over the level of demand for the company products and the availability of bank finance in the foreseeable future. The company's cash flow projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facility. Company has held discussion with its bankers about its future borrowing needs and no matters have been drawn to its attention to suggest that renewal may not be forthcoming on acceptable terms. The company has received loans from the associated companny repayable on demand.,However, directors are confident that they do not rely on these loans for their day to day working capital and they can operate under the current facility available."

3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		6


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 September 2024	3,188,077		1,372,590		4,560,667
	Additions	-		8,827		8,827
	Disposals	-		(27,885)		(27,885)
	At 31 August 2025	3,188,077		1,353,532		4,541,609

	Depreciation
	At 1 September 2024	160,237		514,945		675,182
	Charge for the year	15,140		52,199		67,339
	On disposals	-		(14,554)		(14,554)
	At 31 August 2025	175,377		552,590		727,967

	Net book value
	At 31 August 2025	3,012,700		800,942		3,813,642
	At 31 August 2024	3,027,840		857,645		3,885,485


5	Debtors			2025		2024
£					£

	Trade debtors			373,019		115,963
	Other debtors			41,476		19,191
				414,495		135,154


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

	Bank loans and overdrafts			108,156		114,216
	Trade creditors			297,907		92,055
	Amounts due to associated Company			2,465,000		2,506,000
	Taxation and social security costs			41,746		40,811
	Other creditors			114,924		54,967
				3,027,733		2,808,049


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			726,404		787,943


8	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			875,823		875,823

	Bank Loan is secured by fixed and floating charge over the company's assets. Amounts, amounts due to associated company are undated, unsecured, interest fee and repayable on demand


9	Other information

	New Heritage Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 49 Bridge Trading Estate
	Bridge Street North
	Smethwick
	West Midlands
	B66 2BZ