HERON'S PET WORLD LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Czapla

Mrs I D Czapla

REGISTERED OFFICE:

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

REGISTERED NUMBER:

11122645 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

44,192

56,757

44,192

56,757

CURRENT ASSETS

Stocks

200,000

90,000

Debtors

6

553,600

408,145

Cash at bank

48,285

55,370

801,885

553,515

CREDITORS

Amounts falling due within one year

7

630,005

430,256

NET CURRENT ASSETS

171,880

123,259

TOTAL ASSETS LESS CURRENT LIABILITIES

216,072

180,016

CREDITORS

Amounts falling due after more than one year

8

(61,326

)

(81,908

)

PROVISIONS FOR LIABILITIES

10

(11,000

)

(14,200

)

NET ASSETS

143,746

83,908

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

143,646

83,808

SHAREHOLDERS' FUNDS

143,746

83,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by:

K Czapla - Director

1.	STATUTORY INFORMATION

Heron'S Pet World Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 10 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

11,000

AMORTISATION

At 1 April 2025

and 31 March 2026

11,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

20,354

42,822

40,552

103,728

Additions

-

269

1,980

2,249

Disposals

-

(718

)

-

(718

)

At 31 March 2026

20,354

42,373

42,532

105,259

DEPRECIATION

At 1 April 2025

11,244

16,364

19,363

46,971

Charge for year

2,278

6,551

5,662

14,491

Eliminated on disposal

-

(395

)

-

(395

)

At 31 March 2026

13,522

22,520

25,025

61,067

NET BOOK VALUE

At 31 March 2026

6,832

19,853

17,507

44,192

At 31 March 2025

9,110

26,458

21,189

56,757

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

6,274

6,265

Other debtors

547,326

401,880

553,600

408,145

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

29,500

31,148

Trade creditors

146,117

43,881

Taxation and social security

132,824

148,061

Other creditors

321,564

207,166

630,005

430,256

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

61,326

81,908

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

61,539

58,450

Between one and five years

3,861

-

65,400

58,450

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

11,000

14,200

Deferred

tax

£

Balance at 1 April 2025

14,200

Provided during year

(3,200

)

Accelerated capital allowances

Balance at 31 March 2026

11,000

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary share

£1

100

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors loans opened the year owing the company £271,927 with advances provided during of the year of £260,205 and credits of £100,480 with the balance at closing being £431,652 owed to the company by the directors.

Interest is charged on loans to directors at HMRC approved rates. The amount charged during the year was £13,729. (2025: £5,297)