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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
Page
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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
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Hi Commercial Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,290 
48,571 
Current assets
Debtors
287,615 
71,803 
Cash at bank and in hand
154,557 
247,991 
442,172 
319,794 
Creditors: amounts falling due within one year
(57,239)
(41,165)
Net current assets
384,933 
278,629 
Net assets
424,223 
327,200 
Capital and reserves
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
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Hi Commercial Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
- 
- 
4,095 
4,095 
At 30 November 2023
45,412 
8,811 
14,415 
68,638 
Depreciation
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 
Net book value
At 30 November 2023
26,853 
4,340 
8,097 
39,290 
At 30 November 2022
35,935 
5,221 
7,415 
48,571 
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Hi Commercial Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
87,615 
71,803 
Other debtors
200,000 
- 
287,615 
71,803 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
47,592 
30,318 
Accruals
9,647 
10,847 
57,239 
41,165 
7
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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