Company Registration No. 11677491 (England and Wales)
Hi Commercial Ltd
Unaudited accounts
for the year ended 30 November 2023
Hi Commercial Ltd
Unaudited accounts
Contents
Hi Commercial Ltd
Company Information
for the year ended 30 November 2023
Directors
Anne Linda Walters
Richard John Medforth
Luke Alexander Byron
Company Number
11677491 (England and Wales)
Registered Office
Office G14 Ergo Bridgehead Business Park
Boothferry Road
Hessle
HU13 0GD
England
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Hi Commercial Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
39,290
48,571
Cash at bank and in hand
154,557
247,991
Creditors: amounts falling due within one year
(57,239)
(41,165)
Net current assets
384,933
278,629
Net assets
424,223
327,200
Called up share capital
100
100
Profit and loss account
424,123
327,100
Shareholders' funds
424,223
327,200
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2024 and were signed on its behalf by
Anne Linda Walters
Director
Company Registration No. 11677491
Hi Commercial Ltd
Notes to the Accounts
for the year ended 30 November 2023
Hi Commercial Ltd is a private company, limited by shares, registered in England and Wales, registration number 11677491. The registered office is Office G14 Ergo Bridgehead Business Park, Boothferry Road , Hessle, HU13 0GD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
45,412
8,811
10,320
64,543
At 30 November 2023
45,412
8,811
14,415
68,638
At 1 December 2022
9,477
3,590
2,905
15,972
Charge for the year
9,082
881
3,413
13,376
At 30 November 2023
18,559
4,471
6,318
29,348
At 30 November 2023
26,853
4,340
8,097
39,290
At 30 November 2022
35,935
5,221
7,415
48,571
Hi Commercial Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
87,615
71,803
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
47,592
30,318
7
Average number of employees
During the year the average number of employees was 9 (2022: 9).