1 November 2022 false No description of principal activity Taxfiler 2024.5 12264221business:PrivateLimitedCompanyLtd2022-11-012023-10-31 122642212022-10-31 122642212022-11-012023-10-31 12264221business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 12264221business:FilletedAccounts2022-11-012023-10-31 122642212023-10-31 12264221business:Director12022-11-012023-10-31 12264221business:RegisteredOffice2022-11-012023-10-31 122642212022-10-31 12264221core:WithinOneYear2023-10-31 12264221core:WithinOneYear2022-10-31 12264221core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12264221core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12264221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12264221core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12264221core:PreviouslyStatedAmount2023-10-31 12264221core:PreviouslyStatedAmount2022-10-31 12264221business:SmallEntities2022-11-012023-10-31 12264221countries:EnglandWales2022-11-012023-10-31 12264221core:FurnitureFittings2022-10-31 12264221core:FurnitureFittings2022-11-012023-10-31 12264221core:FurnitureFittings2023-10-31 122642212021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12264221 (England and Wales)
HIGHLANE TEXTILES LIMITED Unaudited accounts for the year ended 31 October 2023
HIGHLANE TEXTILES LIMITED Unaudited accounts Contents
Page
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HIGHLANE TEXTILES LIMITED Company Information for the year ended 31 October 2023
Director
Ibrar HUSSAIN
Company Number
12264221 (England and Wales)
Registered Office
4 GREENHILL AVENUE ROCHDALE OL12 6QJ ENGLAND
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HIGHLANE TEXTILES LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
89 
Current assets
Inventories
6,525 
5,638 
Cash at bank and in hand
382 
255 
6,907 
5,893 
Creditors: amounts falling due within one year
(14,162)
(14,484)
Net current liabilities
(7,255)
(8,591)
Net liabilities
(7,255)
(8,502)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(7,256)
(8,503)
Shareholders' funds
(7,255)
(8,502)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Ibrar HUSSAIN Director Company Registration No. 12264221
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HIGHLANE TEXTILES LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
HIGHLANE TEXTILES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12264221. The registered office is 4 GREENHILL AVENUE, ROCHDALE, OL12 6QJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 November 2022
89 
Disposals
(89)
At 31 October 2023
- 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
- 
At 31 October 2022
89 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
6,680 
6,969 
Loans from directors
7,482 
7,515 
14,162 
14,484 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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