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REGISTERED NUMBER: 08734322 (England and Wales)














Financial Statements for the Year Ended 31 October 2023

for

H.M.I Investments Limited

H.M.I Investments Limited (Registered number: 08734322)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

H.M.I Investments Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr H Irow





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 08734322 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

H.M.I Investments Limited (Registered number: 08734322)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,763 5,868

CURRENT ASSETS
Stocks 70,500 59,317
Debtors 5 17,995 22,792
Cash at bank and in hand 5,043 4,607
93,538 86,716
CREDITORS
Amounts falling due within one year 6 81,302 73,565
NET CURRENT ASSETS 12,236 13,151
TOTAL ASSETS LESS CURRENT LIABILITIES 16,999 19,019

CREDITORS
Amounts falling due after more than one
year

7

16,655

18,342
NET ASSETS 344 677

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 342 675
SHAREHOLDERS' FUNDS 344 677

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

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

The director acknowledges his 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.

H.M.I Investments Limited (Registered number: 08734322)

Statement of Financial Position - continued
31 October 2023


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 director and authorised for issue on 31 July 2024 and were signed by:





Mr H Irow - Director


H.M.I Investments Limited (Registered number: 08734322)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

H.M.I Investments Limited 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

H.M.I Investments Limited (Registered number: 08734322)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 9,599 4,006 13,605
DEPRECIATION
At 1 November 2022 5,979 1,758 7,737
Charge for year 543 562 1,105
At 31 October 2023 6,522 2,320 8,842
NET BOOK VALUE
At 31 October 2023 3,077 1,686 4,763
At 31 October 2022 3,620 2,248 5,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 17,995 4,085
Other debtors - 18,707
17,995 22,792

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 5,472 7,100
Trade creditors 7,443 3,859
Amounts owed to associates 16,279 7,934
Taxation and social security 46,143 35,906
Other creditors 5,965 18,766
81,302 73,565

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 16,655 18,342

8. RELATED PARTY DISCLOSURES

The Director Mr H Irow is considered to be key management personnel.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
H.M.I Investments Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H.M.I Investments Limited for the year ended 31 October 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of H.M.I Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H.M.I Investments Limited and state those matters that we have agreed to state to the director of H.M.I Investments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H.M.I Investments Limited and its director for our work or for this report.

It is your duty to ensure that H.M.I Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of H.M.I Investments Limited. You consider that H.M.I Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H.M.I Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................