Heritage Dwellings Limited

Heritage Dwellings Limited
Directors' Report
For the year ended 31 January 2026

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 January 2026

Principal activities

The principal activity of the company during the year was the acquisition, letting and management of residential investment property.

Directors

The directors who served the company throughout the year were as follows:

Adijat Abimbola ADAMS

Tolulope Iyabo OLAKANPO

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Adijat Abimbola ADAMS
Director

Date approved: 14 August 2026

Heritage Dwellings Limited
Balance Sheet
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	610,318	-
		610,318	-
Current assets
Debtors	4	(144)	(144)
Cash at bank and in hand		810	-
		666	(144)
Creditors: amount falling due within one year	5	(1,815)	(162)
Net current assets		(1,149)	(306)

Total assets less current liabilities		609,169	(306)
Creditors: amount falling due after more than one year	6	(622,773)	-
Net assets		(13,604)	(306)

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		(13,606)	(308)
Shareholders' funds		(13,604)	(306)

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 14 August 2026 and were signed on its behalf by:

-------------------------------
Adijat Abimbola ADAMS
Director

Heritage Dwellings Limited
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

Heritage Dwellings Limited is a private company, limited by shares, registered in England and Wales, registration number 15474287, registration address 24 Lloyds Way, Beckenham, Bromley, BR3 3QS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties should be recognised initially at cost less their estimated residual value, over their expected useful lives on the following basis:

The useful economic life of the investment property was not provided by the director. Based on typical economic lives of UK commercial/residential buildings (40- 60 years), a 50year life (2% straight line) has been applied. This is considered reasonable and consistent with industry practice.

Investment property comprises property held to earn rental income and/or for capital appreciation.

Investment property is initially recognised at cost, including the purchase price and directly attributable acquisition costs. Subsequent to initial recognition, the property is carried at cost less accumulated depreciation and any accumulated impairment losses.

The directors have adopted a depreciation policy of 2% per annum on a straight-line basis, reflecting an estimated useful economic life of 50 years. This estimate has been determined after considering the nature, condition and expected economic life of the property and is reviewed periodically to ensure it remains appropriate.

In preparing the corporation tax computation, where a detailed cost breakdown of qualifying fixtures and integral features within the investment property has not been made available by the directors, a reasonable apportionment has been applied to estimate qualifying expenditure for capital allowance purposes. The apportionment has been based on recognised industry benchmarks as follows:

Fixtures and fittings: 5% of the purchase price.
Integral features: 10% of the purchase price.

These percentages have been adopted as a reasonable estimate in the absence of a detailed capital allowances survey or contractor's cost analysis. The capital allowance claim is therefore based on management estimates and available information at the reporting date.

2.	Average number of employees during the year is Average number of employees during the year was 1 (2025 : 0).

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 February 2025	-	-
Additions	622,773	622,773
Disposals	-	-
At 31 January 2026	622,773	622,773
Depreciation
At 01 February 2025	-	-
Charge for year	12,455	12,455
On disposals	-	-
At 31 January 2026	12,455	12,455
Net book values
Closing balance as at 31 January 2026	610,318	610,318
Opening balance as at 01 February 2025	-	-

Debtors: amounts falling due within one year

	2026 £		2025 £
Prepayments & Accrued Income	(144)		(144)
	(144)		(144)

Creditors: amount falling due within one year

	2026 £	2025 £
Accrued Expenses	930	-
Other Creditors	1	-
Directors' Current Accounts	884	162
	1,815	162

Creditors: amount falling due after more than one year

	2026 £	2025 £
Mortgage Loan	413,684	-
Directors' Loan Accounts	209,089	-
	622,773	-

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Class A shares of £1.00 each	2		2
	2		2


Registered Number: 15474287
England and Wales
HERITAGE DWELLINGS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 February 2025 End date: 31 January 2026