07248316falseproperty investment and rental2022-01-012022-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director12022-01-012022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-01-012022-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-01-012022-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-01-012022-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/2022-01-012022-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FRS1022022-01-012022-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-01-012022-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-01-012022-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07248316

High Floor Rentals Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2022

Prepared By:
Forbes Watson Limited
Accountants
The Old Bakery
Green Street
Lytham
Lancashire
FY8 5LG

High Floor Rentals Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2022
DIRECTORS
Roman Eroshin
SECRETARY
Saad Ahmed
REGISTERED OFFICE
21 Navigation Business Village
Navigation Way
Preston
Lancashire
PR2 2YP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07248316
ACCOUNTANTS
Forbes Watson Limited
Accountants
The Old Bakery
Green Street
Lytham
Lancashire
FY8 5LG

High Floor Rentals Ltd

ACCOUNTS
FOR THEYEARENDED31/12/2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

High Floor Rentals Ltd

BALANCE SHEET AT 31/12/2022
20222021
Notes££
FIXED ASSETS
Tangible assets27,488,5197,316,194
Investment Assets35,029,5534,288,599
12,518,07211,604,793
CURRENT ASSETS
Debtors5297,457183,594
Cash at bank and in hand67,679475,153
365,136658,747
CREDITORS: Amounts falling due within one year6679,664223,817
NET CURRENT (LIABILITIES) / ASSETS(314,528)434,930
TOTAL ASSETS LESS CURRENT LIABILITIES12,203,54412,039,723
PROVISIONS FOR LIABILITIES AND CHARGES8166,331133,613
NET ASSETS12,037,21311,906,110
CAPITAL AND RESERVES
Called up share capital911,450,10011,450,100
Profit and loss account587,113456,010
SHAREHOLDERS' FUNDS12,037,21311,906,110
For the year ending 31/12/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/11/2023 and signed on their behalf by
.............................
Roman Eroshin
Director

High Floor Rentals Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2022
1. ACCOUNTING POLICIES
1a. General Information
High Floor Rentals Limited (the company) is a limited company domiciled and incorporated in England.
The address of the company's registered office is 21 Navigation Business Village, Navigation Way, Preston, Lancashire, PR2 2YP.
The presentational currency is £ sterling, and amounts are rounded to the nearest £1.
1b. Basis Of Accounting FRS 1021 a
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1c. Consolidation
The company and its subsidiary form a small group. The company is therefore not required to produce consolidated financial statements. These financial statements present information about the company as a single entity.
1d. Going Concern
After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Depreciation
Tangible assets are stated on the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Plant And Machinerystraight line20%
1g. Investment Properties
Investment properties are included in the financial statements at fair value with changes in fair value being recognised in profit and loss. The company engages independent valuation specialists to determine fair value at each year end.
1h. Investments
Investment in the subsidiary undertaking is held at cost less accumulated impairment loss.
1i. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

High Floor Rentals Ltd

1j. Creditors
Short term trade creditors are measurd at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
1k. Cash And Cash Equivalents
Cash and cash equivalents comprises of cash on hand which is subject to an insignificant risk of change in value.
1l. Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 01/01/2022130,600130,600
At 31/12/2022130,600130,600
Depreciation
At 01/01/2022105,499105,499
For the year244244
At 31/12/2022105,743105,743
Net Book Amounts
At 31/12/202224,85724,857
At 31/12/202125,10125,101
3. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/01/20224,288,5994,288,599
Additions740,954740,954
At 31/12/20225,029,5535,029,553
Amortisation
Net Book Amounts
At 31/12/20225,029,5535,029,553
At 31/12/20214,288,5994,288,599

High Floor Rentals Ltd

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/01/20227,291,0937,291,093
Revaluation172,569172,569
At 31/12/20227,463,6627,463,662
5. DEBTORS 20222021
££
Amounts falling due within one year
UK corporation tax31,192-
Other debtors266,265183,594
297,457183,594
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
UK corporation tax-6,671
Other taxation and social security54,07558,217
Directors current account10,70910,709
Other creditors614,880148,220
679,664223,817
7. EMPLOYEES
20222021
No.No.
Average number of employees--
8. PROVISIONS FOR LIABILITIES 20222021
££
Deferred taxation166,331133,613
166,331133,613

High Floor Rentals Ltd

9. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
11450100 Ordinary share of £1 each1145010011450100
11,450,10011,450,100
New shares issued during period:
Ordinary share of £1 each1000000
-1,000,000