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REGISTERED NUMBER: 10458880 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

HRC INVESTMENTS LIMITED

HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HRC INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTOR: H R Chaudhary





SECRETARY: H R Chaudhary





REGISTERED OFFICE: 46 Main Street
Mexborough
South Yorkshire
S64 9DU





REGISTERED NUMBER: 10458880 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)

BALANCE SHEET
30TH NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 577 819
Investments 5 198,400 -
Investment property 6 1,196,152 615,000
1,395,129 615,819

CURRENT ASSETS
Debtors 7 - 379,124
Cash at bank 38,336 4,184
38,336 383,308
CREDITORS
Amounts falling due within one year 8 294,840 311,684
NET CURRENT (LIABILITIES)/ASSETS (256,504 ) 71,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,138,625

687,443

CREDITORS
Amounts falling due after more than one
year

9

(765,866

)

(332,801

)

PROVISIONS FOR LIABILITIES (49,195 ) (49,242 )
NET ASSETS 323,564 305,400

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 323,561 305,397
SHAREHOLDERS' FUNDS 323,564 305,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)

BALANCE SHEET - continued
30TH NOVEMBER 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 24th August 2024 and were signed by:





H R Chaudhary - Director


HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

HRC 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st December 2022
and 30th November 2023 829 898 1,727
DEPRECIATION
At 1st December 2022 612 296 908
Charge for year 43 199 242
At 30th November 2023 655 495 1,150
NET BOOK VALUE
At 30th November 2023 174 403 577
At 30th November 2022 217 602 819

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 198,400
At 30th November 2023 198,400
NET BOOK VALUE
At 30th November 2023 198,400

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2022 615,000
Additions 581,152
At 30th November 2023 1,196,152
NET BOOK VALUE
At 30th November 2023 1,196,152
At 30th November 2022 615,000

Fair value at 30th November 2023 is represented by:
£   
Valuation in 2018 88,709
Valuation in 2019 29,640
Valuation in 2020 50,000
Valuation in 2021 90,000
Cost 937,803
1,196,152

HRC INVESTMENTS LIMITED (REGISTERED NUMBER: 10458880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors - 379,124

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 13,475 15,375
Taxation and social security 4,307 3,317
Other creditors 277,058 292,992
294,840 311,684

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 765,866 332,801

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 717,816 274,551

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 779,341 348,176