Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10293573 Mrs Fatima Hamid HMAF Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10293573 2022-12-31 10293573 2023-12-31 10293573 2023-01-01 2023-12-31 10293573 frs-core:Non-currentFinancialInstruments 2023-12-31 10293573 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 10293573 frs-core:ShareCapital 2023-12-31 10293573 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10293573 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10293573 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 10293573 frs-bus:SmallEntities 2023-01-01 2023-12-31 10293573 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10293573 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10293573 1 2023-01-01 2023-12-31 10293573 frs-bus:Director1 2023-01-01 2023-12-31 10293573 frs-countries:EnglandWales 2023-01-01 2023-12-31 10293573 2021-12-31 10293573 2022-12-31 10293573 2022-01-01 2022-12-31 10293573 frs-core:Non-currentFinancialInstruments 2022-12-31 10293573 frs-core:ShareCapital 2022-12-31 10293573 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10293573
Highbarrow Holdings Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10293573
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,441,944 5,353,272
5,441,944 5,353,272
CURRENT ASSETS
Debtors 5 52,695 243,686
Cash at bank and in hand 20,556 1,253
73,251 244,939
Creditors: Amounts Falling Due Within One Year (35,000 ) (38,241 )
NET CURRENT ASSETS (LIABILITIES) 38,251 206,698
TOTAL ASSETS LESS CURRENT LIABILITIES 5,480,195 5,559,970
Creditors: Amounts Falling Due After More Than One Year (5,853,555 ) (5,812,755 )
NET LIABILITIES (373,360 ) (252,785 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (373,361 ) (252,786 )
SHAREHOLDERS' FUNDS (373,360) (252,785)
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Page 2
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Fatima Hamid
Director
15 July 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Highbarrow Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10293573 . The registered office is 7 Poplar Road, Denham, Uxbridge, UB9 4AN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company had net liabilities of £252,786 (2021 - £180,419) as at the balance sheet date.
However, the directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors have assessed the impact of the global pandemic COVID 19 and taken steps to ensure that it will not have an impact on the company to operate profitably in the foreseeable future. The company is in a strong financial position and will remain so, in the opinion of the directors.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 5,353,272
Additions 88,672
As at 31 December 2023 5,441,944
Net Book Value
As at 31 December 2023 5,441,944
As at 1 January 2023 5,353,272
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5. Debtors
2023 2022
£ £
Due after more than one year
Amounts owed by associates 27,509 212,509
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
The company has taken advantage of the exemption available in FRS 102 (s33 ''Related Party Disclosure''), whereby it has not disclosed transactions with the parent company or any wholly owned subidiaries of the group.
8. Ultimate Controlling Party
The company's ultimate controlling party is HMAF Holdings Limited, a company incorporated in British Virgin Islands and registered at Trident Chambers PO Box 146 Road Town Tortola, British Virgin Islands by virtue of its ownership of 100% of the issued share capital in the company.
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