Heatherbank Civils Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12342216 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

FOR

HEATHERBANK CIVILS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R L Dane

Mrs D M Dane

R Simms

REGISTERED OFFICE:

Un9 Armstrong House

First Avenue

Finningley

Doncaster

South Yorkshire

DN9 3GA

REGISTERED NUMBER:

12342216 (England and Wales)

ACCOUNTANTS:

A Wigglesworth And Company Ltd

Armstrong House

First Avenue

Finningley

Doncaster

South Yorkshire

DN9 3GA

CURRENT ASSETS

Debtors

4

111,230

138,858

Cash in hand

100

99

111,330

138,957

CREDITORS

Amounts falling due within one year

5

9,132

27,015

NET CURRENT ASSETS

102,198

111,942

TOTAL ASSETS LESS CURRENT LIABILITIES

102,198

111,942

CAPITAL AND RESERVES

Called up share capital

100

99

Retained earnings

6

102,098

111,843

102,198

111,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2022 and were signed on its behalf by:

R L Dane - Director

1.	STATUTORY INFORMATION

Heatherbank Civils 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed by associates

72,780

98,189

Directors' current accounts

38,450

40,669

111,230

138,858

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax

7,332

26,235

Accrued expenses

1,800

780

9,132

27,015

6.

RESERVES

Retained

earnings

£

At 1 March 2021

111,843

Profit for the year

31,255

Dividends

(41,000

)

At 28 February 2022

102,098

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2022 and the period ended 28 February 2021:

2022

2021

£

£

R Simms

Balance outstanding at start of year

40,669

-

Amounts advanced

38,449

40,669

Amounts repaid

(40,669

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

38,449

40,669

Interest of £381 has been charged on the overdrawn director's loan account.