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REGISTERED NUMBER: 10070235 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HIGHBROOK INVESTORS UK LTD

HIGHBROOK INVESTORS UK LTD (REGISTERED NUMBER: 10070235)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HIGHBROOK INVESTORS UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







Directors: B R Carr
S Cornell





Registered office: 6-8 James Street
London
England
W1U 1ED





Registered number: 10070235 (England and Wales)






HIGHBROOK INVESTORS UK LTD (REGISTERED NUMBER: 10070235)

BALANCE SHEET
31 MARCH 2023

31/3/23 31/3/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 55,386 76,838

CURRENT ASSETS
Debtors 5 1,095,254 984,494
Cash at bank 229,350 58,776
1,324,604 1,043,270
CREDITORS
Amounts falling due within one year 6 (145,221 ) (185,997 )
NET CURRENT ASSETS 1,179,383 857,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,234,769

934,111

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,234,768 934,110
SHAREHOLDERS' FUNDS 1,234,769 934,111

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 March 2024 and were signed on its behalf by:





S Cornell - Director


HIGHBROOK INVESTORS UK LTD (REGISTERED NUMBER: 10070235)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Highbrook Investors UK 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.

The presentation currency of the financial statements is the Pound Sterling (£) and the financial statements have been rounded to the nearest Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings-Straight line over 5 years
Computer equipment-Straight line over 5 years
Improvements to property -Straight line over 5 - 15 years

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Taxation
Taxation for the year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

HIGHBROOK INVESTORS UK LTD (REGISTERED NUMBER: 10070235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
Cost or valuation
At 1 April 2022 119,468 5,483 124,951
Revaluations 7,387 339 7,726
At 31 March 2023 126,855 5,822 132,677
Depreciation
At 1 April 2022 47,787 326 48,113
Charge for year 26,060 854 26,914
Revaluation adjustments 2,266 (2 ) 2,264
At 31 March 2023 76,113 1,178 77,291
Net book value
At 31 March 2023 50,742 4,644 55,386
At 31 March 2022 71,681 5,157 76,838

Cost or valuation at 31 March 2023 is represented by:

Improvements Fixtures
to and
property fittings Totals
£    £    £   
Valuation in 2023 7,387 339 7,726
Cost 119,468 5,483 124,951
126,855 5,822 132,677

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 4,547 -
Amounts owed by group undertakings 882,490 735,098
Other debtors 208,217 249,396
1,095,254 984,494

HIGHBROOK INVESTORS UK LTD (REGISTERED NUMBER: 10070235)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade creditors 4,035 64,274
Taxation and social security 88,025 75,416
Other creditors 53,161 46,307
145,221 185,997

7. ULTIMATE CONTROLLING PARTY

Highbrook Investment Management LP (incorporated in United States of America) is regarded by the directors as being the company`s ultimate parent company.

The largest and smallest group in which the results of the company are consolidated is that by Highbrook Investment Management LP, a private company incorporated in the United States of America, with its principle place of business at 360 South Rosemary Avenue, Suite 1020, West Palm Beach , FL 33401.