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REGISTERED NUMBER: 05828436 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 31 DECEMBER 2023

FOR

HPIB LTD

HPIB LTD (REGISTERED NUMBER: 05828436)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 July 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HPIB LTD

COMPANY INFORMATION
for the period 1 July 2023 to 31 December 2023







DIRECTORS: A Farnworth
P Willis
J A Isles





REGISTERED OFFICE: Chiltern House
181 Bristol Avenue
Blackpool
Lancashire
FY2 0FP





REGISTERED NUMBER: 05828436 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
Chartered Accountants
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

HPIB LTD (REGISTERED NUMBER: 05828436)

BALANCE SHEET
31 December 2023

2023 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 28,000 34,000
Investments 5 15,000 15,000
43,000 49,000

CURRENT ASSETS
Debtors 6 1,574 1,574
Cash at bank 16 18
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,590

50,592

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 44,490 50,492
44,590 50,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





J A Isles - Director


HPIB LTD (REGISTERED NUMBER: 05828436)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 July 2023 to 31 December 2023

1. STATUTORY INFORMATION

Hpib 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 2 ).

HPIB LTD (REGISTERED NUMBER: 05828436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 July 2023 to 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 31 December 2023 120,000
AMORTISATION
At 1 July 2023 86,000
Charge for period 6,000
At 31 December 2023 92,000
NET BOOK VALUE
At 31 December 2023 28,000
At 30 June 2023 34,000

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 31 December 2023 15,000
NET BOOK VALUE
At 31 December 2023 15,000
At 30 June 2023 15,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Amounts owed by group undertakings 1,574 1,574

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Rowlands and Hames 2019 Limited.

The registered office of Rowlands and Hames 2019 Limited is Chiltern House, Bristol Avenue, Blackpool, Lancashire, FY2 0FP.