IRIS Accounts Production v22.1.0.628 11060944 director 1.12.20 30.11.21 30.11.21 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure110609442020-11-30110609442021-11-30110609442020-12-012021-11-30110609442019-11-30110609442019-12-012020-11-30110609442020-11-3011060944ns16:EnglandWales2020-12-012021-11-3011060944ns15:PoundSterling2020-12-012021-11-3011060944ns11:Director12020-12-012021-11-3011060944ns11:PrivateLimitedCompanyLtd2020-12-012021-11-3011060944ns11:SmallEntities2020-12-012021-11-3011060944ns11:AuditExempt-NoAccountantsReport2020-12-012021-11-3011060944ns11:SmallCompaniesRegimeForDirectorsReport2020-12-012021-11-3011060944ns11:SmallCompaniesRegimeForAccounts2020-12-012021-11-3011060944ns11:FullAccounts2020-12-012021-11-301106094412020-12-012021-11-3011060944ns11:OrdinaryShareClass12020-12-012021-11-3011060944ns11:RegisteredOffice2020-12-012021-11-3011060944ns6:CurrentFinancialInstruments2021-11-3011060944ns6:CurrentFinancialInstruments2020-11-3011060944ns6:ShareCapital2021-11-3011060944ns6:ShareCapital2020-11-3011060944ns6:RetainedEarningsAccumulatedLosses2021-11-3011060944ns6:RetainedEarningsAccumulatedLosses2020-11-3011060944ns6:IntangibleAssetsOtherThanGoodwill2020-12-012021-11-3011060944ns6:DevelopmentCostsCapitalisedDevelopmentExpenditure2020-12-012021-11-3011060944ns6:FurnitureFittings2020-12-012021-11-3011060944ns6:ComputerEquipment2020-12-012021-11-3011060944ns6:IntangibleAssetsOtherThanGoodwill2020-11-3011060944ns6:IntangibleAssetsOtherThanGoodwill2021-11-3011060944ns6:IntangibleAssetsOtherThanGoodwill2020-11-3011060944ns6:FurnitureFittings2020-11-3011060944ns6:ComputerEquipment2020-11-3011060944ns6:FurnitureFittings2021-11-3011060944ns6:ComputerEquipment2021-11-3011060944ns6:FurnitureFittings2020-11-3011060944ns6:ComputerEquipment2020-11-3011060944ns6:WithinOneYearns6:CurrentFinancialInstruments2021-11-3011060944ns6:WithinOneYearns6:CurrentFinancialInstruments2020-11-3011060944ns11:OrdinaryShareClass12021-11-30
REGISTERED NUMBER: 11060944 (England and Wales)




















Financial Statements

for the Year Ended 30 November 2021

for

HSY INVESTMENT UK LTD

HSY INVESTMENT UK LTD (REGISTERED NUMBER: 11060944)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HSY INVESTMENT UK LTD

Company Information
for the Year Ended 30 November 2021







DIRECTOR: Ms S Y M Ho





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 11060944 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

HSY INVESTMENT UK LTD (REGISTERED NUMBER: 11060944)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,378 2,755
Tangible assets 5 168 4,634
Investment property 6 393,615 408,298
395,161 415,687

CURRENT ASSETS
Debtors 7 3,613 3,295
Cash at bank 17,795 17,248
21,408 20,543
CREDITORS
Amounts falling due within one year 8 (412,054 ) (439,040 )
NET CURRENT LIABILITIES (390,646 ) (418,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,515

(2,810

)

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 4,415 (2,910 )
SHAREHOLDERS' FUNDS 4,515 (2,810 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 22 August 2022 and were signed by:




Ms S Y M Ho - Director


HSY INVESTMENT UK LTD (REGISTERED NUMBER: 11060944)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

HSY Investment UK 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.

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 as modified by the revaluation of certain assets.

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

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.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 3 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

HSY INVESTMENT UK LTD (REGISTERED NUMBER: 11060944)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2020
and 30 November 2021 6,886
AMORTISATION
At 1 December 2020 4,131
Charge for year 1,377
At 30 November 2021 5,508
NET BOOK VALUE
At 30 November 2021 1,378
At 30 November 2020 2,755

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2020
and 30 November 2021 12,079 1,320 13,399
DEPRECIATION
At 1 December 2020 8,052 713 8,765
Charge for year 4,026 440 4,466
At 30 November 2021 12,078 1,153 13,231
NET BOOK VALUE
At 30 November 2021 1 167 168
At 30 November 2020 4,027 607 4,634

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2020 408,298
Revaluations (14,683 )
At 30 November 2021 393,615
NET BOOK VALUE
At 30 November 2021 393,615
At 30 November 2020 408,298

HSY INVESTMENT UK LTD (REGISTERED NUMBER: 11060944)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

6. INVESTMENT PROPERTY - continued

Fair value at 30 November 2021 is represented by:
£   
Valuation in 2021 (14,683 )
Cost 408,298
393,615

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors 2,937 2,649
Other debtors 676 646
3,613 3,295

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade creditors 120 759
Taxation and social security 8,629 2,062
Other creditors 403,305 436,219
412,054 439,040

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.21 30.11.20
value: £    £   
100 Ordinary £1 100 100

10. GOING CONCERN

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.