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Company Registration No. 10925380 (England and Wales)
Higherbrook Investments Ltd Unaudited accounts for the year ended 31 August 2024
Higherbrook Investments Ltd Unaudited accounts Contents
Page
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Higherbrook Investments Ltd Company Information for the year ended 31 August 2024
Director
Mr Kehinde Adetokunbo Oyenuga
Company Number
10925380 (England and Wales)
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Higherbrook Investments Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
425,976 
425,976 
Current assets
Cash at bank and in hand
4,556 
2,272 
Creditors: amounts falling due within one year
(157,763)
(254,853)
Net current liabilities
(153,207)
(252,581)
Total assets less current liabilities
272,769 
173,395 
Creditors: amounts falling due after more than one year
(321,718)
(222,383)
Net liabilities
(48,949)
(48,988)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(48,950)
(48,989)
Shareholders' funds
(48,949)
(48,988)
For the year ending 31 August 2024 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 28 December 2024 and were signed on its behalf by
Mr Kehinde Adetokunbo Oyenuga Director Company Registration No. 10925380
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Higherbrook Investments Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Higherbrook Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 10925380.
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:
Land & buildings
425976
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
425,976 
At 31 August 2024
425,976 
Depreciation
At 31 August 2024
- 
Net book value
At 31 August 2024
425,976 
At 31 August 2023
425,976 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
9 
- 
Other creditors
157,754 
254,853 
157,763 
254,853 
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Higherbrook Investments Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
321,718 
222,383 
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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