2022-02-012023-01-312023-01-31false10579754HI-Q HOMES LTD2023-09-2168209iso4217:GBPxbrli:pure105797542022-02-01105797542023-01-31105797542022-02-012023-01-31105797542021-02-01105797542022-01-31105797542021-02-012022-01-3110579754bus:SmallEntities2022-02-012023-01-3110579754bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3110579754bus:AbridgedAccounts2022-02-012023-01-3110579754bus:PrivateLimitedCompanyLtd2022-02-012023-01-3110579754core:WithinOneYear2023-01-3110579754core:AfterOneYear2023-01-3110579754core:WithinOneYear2022-01-3110579754core:AfterOneYear2022-01-3110579754core:ShareCapital2023-01-3110579754core:SharePremium2023-01-3110579754core:RevaluationReserve2023-01-3110579754core:OtherReservesSubtotal2023-01-3110579754core:RetainedEarningsAccumulatedLosses2023-01-3110579754core:ShareCapital2022-01-3110579754core:SharePremium2022-01-3110579754core:RevaluationReserve2022-01-3110579754core:OtherReservesSubtotal2022-01-3110579754core:RetainedEarningsAccumulatedLosses2022-01-3110579754core:LandBuildings2023-01-3110579754core:PlantMachinery2023-01-3110579754core:Vehicles2023-01-3110579754core:FurnitureFittings2023-01-3110579754core:OfficeEquipment2023-01-3110579754core:NetGoodwill2023-01-3110579754core:IntangibleAssetsOtherThanGoodwill2023-01-3110579754core:ListedExchangeTraded2023-01-3110579754core:UnlistedNon-exchangeTraded2023-01-3110579754core:LandBuildings2022-01-3110579754core:PlantMachinery2022-01-3110579754core:Vehicles2022-01-3110579754core:FurnitureFittings2022-01-3110579754core:OfficeEquipment2022-01-3110579754core:NetGoodwill2022-01-3110579754core:IntangibleAssetsOtherThanGoodwill2022-01-3110579754core:ListedExchangeTraded2022-01-3110579754core:UnlistedNon-exchangeTraded2022-01-3110579754core:LandBuildings2022-02-012023-01-3110579754core:PlantMachinery2022-02-012023-01-3110579754core:Vehicles2022-02-012023-01-3110579754core:FurnitureFittings2022-02-012023-01-3110579754core:OfficeEquipment2022-02-012023-01-3110579754core:NetGoodwill2022-02-012023-01-3110579754core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110579754core:ListedExchangeTraded2022-02-012023-01-3110579754core:UnlistedNon-exchangeTraded2022-02-012023-01-3110579754core:MoreThanFiveYears2022-02-012023-01-3110579754core:Non-currentFinancialInstruments2023-01-3110579754core:Non-currentFinancialInstruments2022-01-3110579754dpl:CostSales2022-02-012023-01-3110579754dpl:DistributionCosts2022-02-012023-01-3110579754dpl:AdministrativeExpenses2022-02-012023-01-3110579754core:LandBuildings2022-02-012023-01-3110579754core:PlantMachinery2022-02-012023-01-3110579754core:Vehicles2022-02-012023-01-3110579754core:FurnitureFittings2022-02-012023-01-3110579754core:OfficeEquipment2022-02-012023-01-3110579754core:NetGoodwill2022-02-012023-01-3110579754core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110579754dpl:GroupUndertakings2022-02-012023-01-3110579754dpl:ParticipatingInterests2022-02-012023-01-3110579754dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3110579754core:ListedExchangeTraded2022-02-012023-01-3110579754dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3110579754core:UnlistedNon-exchangeTraded2022-02-012023-01-3110579754dpl:CostSales2021-02-012022-01-3110579754dpl:DistributionCosts2021-02-012022-01-3110579754dpl:AdministrativeExpenses2021-02-012022-01-3110579754core:LandBuildings2021-02-012022-01-3110579754core:PlantMachinery2021-02-012022-01-3110579754core:Vehicles2021-02-012022-01-3110579754core:FurnitureFittings2021-02-012022-01-3110579754core:OfficeEquipment2021-02-012022-01-3110579754core:NetGoodwill2021-02-012022-01-3110579754core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3110579754dpl:GroupUndertakings2021-02-012022-01-3110579754dpl:ParticipatingInterests2021-02-012022-01-3110579754dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3110579754core:ListedExchangeTraded2021-02-012022-01-3110579754dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3110579754core:UnlistedNon-exchangeTraded2021-02-012022-01-3110579754core:NetGoodwill2023-01-3110579754core:IntangibleAssetsOtherThanGoodwill2023-01-3110579754core:LandBuildings2023-01-3110579754core:PlantMachinery2023-01-3110579754core:Vehicles2023-01-3110579754core:FurnitureFittings2023-01-3110579754core:OfficeEquipment2023-01-3110579754core:AfterOneYear2023-01-3110579754core:WithinOneYear2023-01-3110579754core:ListedExchangeTraded2023-01-3110579754core:UnlistedNon-exchangeTraded2023-01-3110579754core:ShareCapital2023-01-3110579754core:SharePremium2023-01-3110579754core:RevaluationReserve2023-01-3110579754core:OtherReservesSubtotal2023-01-3110579754core:RetainedEarningsAccumulatedLosses2023-01-3110579754core:NetGoodwill2022-01-3110579754core:IntangibleAssetsOtherThanGoodwill2022-01-3110579754core:LandBuildings2022-01-3110579754core:PlantMachinery2022-01-3110579754core:Vehicles2022-01-3110579754core:FurnitureFittings2022-01-3110579754core:OfficeEquipment2022-01-3110579754core:AfterOneYear2022-01-3110579754core:WithinOneYear2022-01-3110579754core:ListedExchangeTraded2022-01-3110579754core:UnlistedNon-exchangeTraded2022-01-3110579754core:ShareCapital2022-01-3110579754core:SharePremium2022-01-3110579754core:RevaluationReserve2022-01-3110579754core:OtherReservesSubtotal2022-01-3110579754core:RetainedEarningsAccumulatedLosses2022-01-3110579754core:NetGoodwill2021-02-0110579754core:IntangibleAssetsOtherThanGoodwill2021-02-0110579754core:LandBuildings2021-02-0110579754core:PlantMachinery2021-02-0110579754core:Vehicles2021-02-0110579754core:FurnitureFittings2021-02-0110579754core:OfficeEquipment2021-02-0110579754core:AfterOneYear2021-02-0110579754core:WithinOneYear2021-02-0110579754core:ListedExchangeTraded2021-02-0110579754core:UnlistedNon-exchangeTraded2021-02-0110579754core:ShareCapital2021-02-0110579754core:SharePremium2021-02-0110579754core:RevaluationReserve2021-02-0110579754core:OtherReservesSubtotal2021-02-0110579754core:RetainedEarningsAccumulatedLosses2021-02-0110579754core:AfterOneYear2022-02-012023-01-3110579754core:WithinOneYear2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:CostValuation2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-3110579754core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3110579754core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3110579754core:Non-currentFinancialInstrumentscore:CostValuation2022-01-3110579754core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-3110579754core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-3110579754bus:Director12022-02-012023-01-3110579754bus:Director22022-02-012023-01-31105797541bus:Director12022-02-01105797541bus:Director12022-02-012023-01-31105797541bus:Director12023-01-31105797542022-02-01105797542022-02-012023-01-31105797542023-01-31

HI-Q HOMES LTD

Registered Number
10579754
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

HI-Q HOMES LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

AUJLA, Arvinder Singh
AUJLA, Sukhjinder Kaur

Registered Address

Unit C Anchor House School Lane
Chandler's Ford
Eastleigh
SO53 4DY

Registered Number

10579754 (England and Wales)
HI-Q HOMES LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52,443,2402,443,240
2,443,2402,443,240
Current assets
Cash at bank and on hand69,01562,569
69,01562,569
Creditors amounts falling due within one year7(1,301,130)(1,287,794)
Net current assets (liabilities)(1,232,115)(1,225,225)
Total assets less current liabilities1,211,1251,218,015
Net assets1,211,1251,218,015
Capital and reserves
Called up share capital1,0001,000
Profit and loss account1,210,1251,217,015
Shareholders' funds1,211,1251,218,015
The financial statements were approved and authorised for issue by the Board of Directors on 21 September 2023, and are signed on its behalf by:
AUJLA, Arvinder Singh
Director
AUJLA, Sukhjinder Kaur
Director

Registered Company No. 10579754
HI-Q HOMES LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
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.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 222,443,240
Additions79,981
Revaluations(79,981)
At 31 January 232,443,240
Net book value
At 31 January 232,443,240
At 31 January 222,443,240
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
AUJLA, Arvinder Singh(664,300)00(664,300)
(664,300)00(664,300)
7.Creditors within one year

2023

2022

££
Amounts owed to related parties1,289,1241,277,724
Other creditors10,9269,080
Accrued liabilities and deferred income1,080990
Total1,301,1301,287,794
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.