Company Registration No. 11316788 (England and Wales)
Heston Cars London Limited
Unaudited accounts
for the year ended 31 July 2025
Heston Cars London Limited
Statement of financial position
as at 31 July 2025
Intangible assets
14,246
14,246
Tangible assets
438,358
446,396
Inventories
2,361,526
1,103,837
Cash at bank and in hand
142,592
191,695
Creditors: amounts falling due within one year
(398,081)
(210,489)
Net current assets
2,673,578
1,642,946
Total assets less current liabilities
3,126,182
2,103,588
Creditors: amounts falling due after more than one year
(2,314,065)
(1,394,019)
Net assets
812,117
709,569
Called up share capital
158,100
158,100
Profit and loss account
654,017
551,469
Shareholders' funds
812,117
709,569
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2026 and were signed on its behalf by
Furqan Mahmood
Director
Company Registration No. 11316788
Heston Cars London Limited
Notes to the Accounts
for the year ended 31 July 2025
Heston Cars London Limited is a private company, limited by shares, registered in England and Wales, registration number 11316788. The registered office is H C L Prestige Car Supermarket, 594-596 London Road, Ashford, Middlesex, TW15 3AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% straight line method
Motor vehicles
10% straight line
Fixtures & fittings
Over use life of asset
Computer equipment
18% straight line method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Heston Cars London Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
81,756
99,072
312,437
16,744
510,009
Additions
2,851
95,719
25,186
1,242
124,998
Disposals
-
(99,072)
-
-
(99,072)
At 31 July 2025
84,607
95,719
337,623
17,986
535,935
At 1 August 2024
20,713
10,954
25,442
6,504
63,613
Charge for the year
15,229
9,571
16,881
3,237
44,918
On disposals
-
(10,954)
-
-
(10,954)
At 31 July 2025
35,942
9,571
42,323
9,741
97,577
At 31 July 2025
48,665
86,148
295,300
8,245
438,358
At 31 July 2024
61,043
88,118
286,995
10,240
446,396
Amounts falling due within one year
Trade debtors
61,892
87,143
Accrued income and prepayments
140,357
135,001
Other debtors
308,501
283,592
Heston Cars London Limited
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
198,590
-
Trade creditors
99,702
98,750
Taxes and social security
62,087
34,227
Other creditors
5,483
43,406
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
594,131
442,718
Obligations under finance leases and hire purchase contracts
140,486
160,610
Other creditors
1,547,884
696,221
Loans from directors
31,564
94,470
9
Average number of employees
During the year the average number of employees was 7 (2024: 8).