for the Period Ended 30 June 2023
Balance sheet | |
Notes |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Fixed assets | |||
Intangible assets: | 3 | | |
Tangible assets: | 4 | | |
Investments: | 5 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 6 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | ( | ( | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | ( | ( | |
Provision for liabilities: | ( | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Other reserves: | | | |
Profit and loss account: | | | |
Shareholders funds: | | |
The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2023
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 June 2023
Total | |
---|---|
Cost | £ |
At 01 July 2022 | |
Additions | |
At 30 June 2023 | |
Net book value | |
At 30 June 2023 | |
At 30 June 2022 | |
for the Period Ended 30 June 2023
Total | |
---|---|
Cost | £ |
At 01 July 2022 | |
Additions | |
At 30 June 2023 | |
Net book value | |
At 30 June 2023 | |
At 30 June 2022 | |
for the Period Ended 30 June 2023
1. Description of InvestmentsFixed investments consist primarily of long-term equity investments in other companies and strategic partnerships held by HP TECHNOLOGIES GROUP LIMITED (the "Company"). These investments are classified as non-current assets on the balance sheet.2. Accounting TreatmentFixed investments are initially recognized at cost, which includes the purchase price and any directly attributable acquisition costs. Subsequently, investments are measured at fair value through profit or loss (FVTPL) in accordance with International Financial Reporting Standards (IFRS).3. Valuation MethodologyThe fair value of fixed investments is determined using market-based valuation techniques, including quoted market prices in active markets whenever available. When quoted market prices are not available, fair value is estimated using valuation models, such as discounted cash flow analysis, comparable company analysis, or other appropriate methods.4. Changes in Fair ValueChanges in the fair value of fixed investments are recognized in profit or loss in the period in which they occur. These changes are reported as gains or losses on the income statement under the line item "Gains/(Losses) on Investments."5. ImpairmentFixed investments are assessed for impairment at each reporting date to determine if there is any indication of a significant or prolonged decline in their fair value. If such impairment indicators exist, the recoverable amount of the investment is estimated, and any impairment loss is recognized in profit or loss.6. Dividend IncomeDividend income from fixed investments is recognized in profit or loss when the right to receive payment is established, typically when the dividend is declared by the investee company.7. DisclosureThe fair value of fixed investments is disclosed in the notes to the financial statements. Additional disclosures may include information about the nature and extent of the Company's investments, significant ownership interests, and any restrictions on the ability to access or dispose of these investments.8. Risks and UncertaintiesInvestments in equity securities are subject to market risks, including fluctuations in market prices and changes in economic conditions. The Company regularly monitors the performance of its investments and assesses the impact of market conditions on their fair value.
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Debtors due after more than one year: | | |
for the Period Ended 30 June 2023
for the Period Ended 30 June 2023
for the Period Ended 30 June 2023