Highview Holdings Limited 11714444 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is holding company Digita Accounts Production Advanced 6.30.9574.0 true Mr Phatahchand Ghanshamdas Mulchandani false true 11714444 2023-01-01 2023-12-31 11714444 2023-12-31 11714444 bus:OrdinaryShareClass1 2023-12-31 11714444 bus:OrdinaryShareClass2 2023-12-31 11714444 core:RetainedEarningsAccumulatedLosses 2023-12-31 11714444 core:ShareCapital 2023-12-31 11714444 core:CurrentFinancialInstruments 2023-12-31 11714444 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11714444 bus:FRS102 2023-01-01 2023-12-31 11714444 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11714444 bus:FullAccounts 2023-01-01 2023-12-31 11714444 bus:RegisteredOffice 2023-01-01 2023-12-31 11714444 bus:Director1 2023-01-01 2023-12-31 11714444 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 11714444 bus:OrdinaryShareClass2 2023-01-01 2023-12-31 11714444 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 11714444 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11714444 countries:EnglandWales 2023-01-01 2023-12-31 11714444 core:CostValuation 2022-12-31 11714444 2022-01-01 2022-12-31 11714444 2022-12-31 11714444 bus:OrdinaryShareClass1 2022-12-31 11714444 bus:OrdinaryShareClass2 2022-12-31 11714444 core:RetainedEarningsAccumulatedLosses 2022-12-31 11714444 core:ShareCapital 2022-12-31 11714444 core:CurrentFinancialInstruments 2022-12-31 11714444 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11714444

Highview Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Highview Holdings Limited

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Highview Holdings Limited

(Registration number: 11714444)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

3

200

200

Current assets

 

Debtors

4

605,000

605,000

Creditors: Amounts falling due within one year

5

(160)

(160)

Net current assets

 

604,840

604,840

Net assets

 

605,040

605,040

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

604,940

604,940

Shareholders' funds

 

605,040

605,040

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 2 September 2024
 

.........................................
Mr Phatahchand Ghanshamdas Mulchandani
Director

 

Highview Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Imperial House, 18 Eley Road
Edmonton
London
N18 3BB
United Kingdom

These financial statements were authorised for issue by the director on 2 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Highview Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2023
£

2022
£

Investments in subsidiaries

200

200

Subsidiaries

£

Cost or valuation

At 1 January 2023

200

Provision

Carrying amount

At 31 December 2023

200

At 31 December 2022

200

4

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

605,000

605,000

   

605,000

605,000

 

Highview Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

5

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

60

60

Directors current account

 

100

100

 

160

160

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Odinary A Share of £1 each

50

50

50

50

Odinary B Share of £1 each

50

50

50

50

100

100

100

100

7

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).