2023-01-012023-12-312023-12-31false12097116HPREF METS LONDON INVESTMENT 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HPREF METS LONDON INVESTMENT LIMITED

Registered Number
12097116
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

HPREF METS LONDON INVESTMENT LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

POWER, Charles Richard
WEBB, Nicholas James

Company Secretary

SCARISTA LIMITED

Registered Address

Hilton London Metropole
225 Edgware Road
London
W2 1JU

Registered Number

12097116 (England and Wales)
HPREF METS LONDON INVESTMENT LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investments3181,365,370181,365,370
181,365,370181,365,370
Current assets
Debtors4100100
100100
Net current assets (liabilities)100100
Total assets less current liabilities181,365,470181,365,470
Net assets181,365,470181,365,470
Capital and reserves
Called up share capital166,960,750166,960,750
Share premium14,404,72014,404,720
Shareholders' funds181,365,470181,365,470
The financial statements were approved and authorised for issue by the Board of Directors on 20 September 2024, and are signed on its behalf by:
WEBB, Nicholas James
Director
Registered Company No. 12097116
HPREF METS LONDON INVESTMENT LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20232022
Average number of employees during the year00
3.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 01 January 23181,365,370181,365,370
At 31 December 23181,365,370181,365,370
Net book value
At 31 December 23181,365,370181,365,370
At 31 December 22181,365,370181,365,370

Notes

1Investments in group undertakings and participating interests
4.Debtors: amounts due within one year

2023

2022

££
Amounts owed by group undertakings100100
Total100100