2022-08-01 2023-07-31 false Capium Accounts Production 1.1 06647409 bus:AbridgedAccounts 2022-08-01 2023-07-31 06647409 bus:FRS102 2022-08-01 2023-07-31 06647409 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 06647409 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 06647409 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06647409 2022-08-01 2023-07-31 06647409 2023-07-31 06647409 bus:RegisteredOffice 2022-08-01 2023-07-31 06647409 core:WithinOneYear 2023-07-31 06647409 core:AfterOneYear 2023-07-31 06647409 bus:Director1 2022-08-01 2023-07-31 06647409 bus:Director1 2023-07-31 06647409 bus:Director1 2021-08-01 2022-07-31 06647409 2021-08-01 06647409 bus:CompanySecretary1 2022-08-01 2023-07-31 06647409 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 06647409 2021-08-01 2022-07-31 06647409 2022-07-31 06647409 core:WithinOneYear 2022-07-31 06647409 core:AfterOneYear 2022-07-31 06647409 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 06647409 core:PlantMachinery 2022-08-01 2023-07-31 06647409 core:PlantMachinery 2023-07-31 06647409 core:PlantMachinery 2022-07-31 06647409 core:FurnitureFittings 2022-08-01 2023-07-31 06647409 core:FurnitureFittings 2023-07-31 06647409 core:FurnitureFittings 2022-07-31 06647409 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 06647409 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 06647409 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 06647409 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 06647409 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 06647409 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 06647409 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 06647409 core:Non-currentFinancialInstruments 2023-07-31 06647409 core:Non-currentFinancialInstruments 2022-07-31 06647409 core:ShareCapital 2023-07-31 06647409 core:ShareCapital 2022-07-31 06647409 core:RetainedEarningsAccumulatedLosses 2023-07-31 06647409 core:RetainedEarningsAccumulatedLosses 2022-07-31 06647409 dpl:Item1 2022-08-01 06647409 dpl:Item1 2023-07-31 06647409 dpl:Item1 2021-08-01 06647409 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06647409


 

 

 

HI RESOURCES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 453    677 
453    677 
Current assets      
Cash at bank and in hand 24,456    20,502 
Creditors: amount falling due within one year (9,878)   (1,691)
Net current assets 14,578    18,811 
 
Total assets less current liabilities 15,031    19,488 
Creditors: amount falling due after more than one year (14,000)   (15,000)
Net assets 1,031    4,488 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 1,030    4,487 
Shareholder's funds 1,031    4,488 
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 23 April 2024 and were signed by:


-------------------------------
Hussain Iqbal
Director
1
General Information
HI RESOURCES LIMITED is a private company, limited by shares, registered in , registration number 06647409, registration address 109 Willow Avenue, Edgbaston, Birmingham, B17 8HN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 33% Reducing Balance
Fixtures and Fittings 33% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Total
  £   £   £
At 01 August 2022 3,450    3,100    6,550 
Additions    
Disposals    
At 31 July 2023 3,450    3,100    6,550 
Depreciation
At 01 August 2022 3,172    2,701    5,873 
Charge for year 92    132    224 
On disposals    
At 31 July 2023 3,264    2,833    6,097 
Net book values
Closing balance as at 31 July 2023 186    267    453 
Opening balance as at 01 August 2022 278    399    677 


2