REGISTERED NUMBER: 07542539 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Heritage Worldwide Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

M Fahy

REGISTERED OFFICE:

Unit 2

Cedar Parc

Doddington

Lincoln

LN6 4RR

REGISTERED NUMBER:

07542539 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Heritage Worldwide Limited for the year ended 28 February 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Heritage Worldwide Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Heritage Worldwide Limited and state those matters that we have agreed to state to the director of Heritage Worldwide Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Heritage Worldwide Limited and its director for our work or for this report.

It is your duty to ensure that Heritage Worldwide Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Heritage Worldwide Limited. You consider that Heritage Worldwide Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Heritage Worldwide Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

3 June 2026

FIXED ASSETS

Tangible assets

4

42,118

53,388

CURRENT ASSETS

Stocks

61,084

55,067

Debtors

5

108,042

118,092

Cash at bank

1,892

10,646

171,018

183,805

CREDITORS

Amounts falling due within one year

6

87,463

75,347

NET CURRENT ASSETS

83,555

108,458

TOTAL ASSETS LESS CURRENT LIABILITIES

125,673

161,846

CREDITORS

Amounts falling due after more than one year

7

(42,496

)

(58,474

)

PROVISIONS FOR LIABILITIES

(10,710

)

(9,626

)

NET ASSETS

72,467

93,746

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

72,464

93,743

SHAREHOLDERS' FUNDS

72,467

93,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2026 and were signed by:

M Fahy - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

5% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 March 2025

8,413

17,533

12,416

Additions

-

95

665

Disposals

-

(9,545

)

(3,201

)

At 28 February 2026

8,413

8,083

9,880

DEPRECIATION

At 1 March 2025

2,390

9,355

9,274

Charge for year

421

3,459

841

Eliminated on disposal

-

(9,331

)

(2,870

)

At 28 February 2026

2,811

3,483

7,245

NET BOOK VALUE

At 28 February 2026

5,602

4,600

2,635

At 28 February 2025

6,023

8,178

3,142

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

33,948

11,407

83,717

Additions

-

1,263

2,023

Disposals

-

(5,651

)

(18,397

)

At 28 February 2026

33,948

7,019

67,343

DEPRECIATION

At 1 March 2025

566

8,744

30,329

Charge for year

6,676

1,175

12,572

Eliminated on disposal

-

(5,475

)

(17,676

)

At 28 February 2026

7,242

4,444

25,225

NET BOOK VALUE

At 28 February 2026

26,706

2,575

42,118

At 28 February 2025

33,382

2,663

53,388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

4,048

6,960

Other debtors

103,994

111,132

108,042

118,092

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

37,675

45,737

Hire purchase contracts

8,756

7,943

Trade creditors

15,932

11,342

Taxation and social security

18,343

9,051

Other creditors

6,757

1,274

87,463

75,347

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

24,779

32,189

Hire purchase contracts

17,717

26,285

42,496

58,474

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

8,112

15,522

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary voting

£1

2

2

1

Ordinary B Voting

£1

1

1

3

3

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

M Fahy

Balance outstanding at start of year

78,963

94,304

Amounts advanced

53,105

50,257

Amounts repaid

(54,615

)

(65,598

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

77,453

78,963