Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302The principal activity of the company was that of a holding company and rental income.2023-07-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09036783 2023-07-01 2024-06-30 09036783 2022-07-01 2023-06-30 09036783 2024-06-30 09036783 2023-06-30 09036783 c:Director1 2023-07-01 2024-06-30 09036783 d:Buildings 2023-07-01 2024-06-30 09036783 d:Buildings 2024-06-30 09036783 d:Buildings 2023-06-30 09036783 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09036783 d:PlantMachinery 2023-07-01 2024-06-30 09036783 d:PlantMachinery 2024-06-30 09036783 d:PlantMachinery 2023-06-30 09036783 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09036783 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09036783 d:FreeholdInvestmentProperty 2023-07-01 2024-06-30 09036783 d:FreeholdInvestmentProperty 2024-06-30 09036783 d:FreeholdInvestmentProperty 2023-06-30 09036783 d:CurrentFinancialInstruments 2024-06-30 09036783 d:CurrentFinancialInstruments 2023-06-30 09036783 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09036783 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09036783 d:ShareCapital 2024-06-30 09036783 d:ShareCapital 2023-06-30 09036783 d:RetainedEarningsAccumulatedLosses 2024-06-30 09036783 d:RetainedEarningsAccumulatedLosses 2023-06-30 09036783 c:OrdinaryShareClass1 2023-07-01 2024-06-30 09036783 c:OrdinaryShareClass1 2024-06-30 09036783 c:FRS102 2023-07-01 2024-06-30 09036783 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09036783 c:FullAccounts 2023-07-01 2024-06-30 09036783 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09036783 d:Subsidiary1 2023-07-01 2024-06-30 09036783 d:Subsidiary1 1 2023-07-01 2024-06-30 09036783 d:Subsidiary2 2023-07-01 2024-06-30 09036783 d:Subsidiary2 1 2023-07-01 2024-06-30 09036783 2 2023-07-01 2024-06-30 09036783 6 2023-07-01 2024-06-30 09036783 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09036783














HIGH HERTS HOLDING LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 JUNE 2024

 
HIGH HERTS HOLDING LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
HIGH HERTS HOLDING LTD
REGISTERED NUMBER:09036783

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
3,661,282
3,012,880

Investments
 6 
2
2

Investment property
 7 
327,056
479,440

  
3,988,340
3,492,322

Current assets
  

Debtors: amounts falling due within one year
 8 
1,025,070
1,019,140

Cash at bank and in hand
  
162,009
472,718

  
1,187,079
1,491,858

Creditors: amounts falling due within one year
 9 
(3,730,842)
(3,416,339)

Net current liabilities
  
 
 
(2,543,763)
 
 
(1,924,481)

  

Net assets
  
1,444,577
1,567,841


Capital and reserves
  

Called up share capital 
 10 
2
2

Profit and loss account
  
1,444,575
1,567,839

  
1,444,577
1,567,841


Page 1

 
HIGH HERTS HOLDING LTD
REGISTERED NUMBER:09036783
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 February 2025.




A Ershova
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HIGH HERTS HOLDING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

High Herts Holding Ltd is a limited liability company incorporated in England and Wales with its registered office at 6 Lowswood Close, Northwood, Middlesex, HA6 2XE.
The principal activity of the company was that of a holding company and rental income. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of rent receiveable during the period, exclusive of Value Added Tax.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Freehold property
-
Over 50 years
Plant and machinery
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss Account.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
HIGH HERTS HOLDING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Taxation

          Factors that may affect future tax charges

The company has tax losses of £208,459 to carry forward to utilise against future trading profits.

Page 4

 
HIGH HERTS HOLDING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 July 2023
2,852,518
423,362
3,275,880


Additions
723,805
46,779
770,584



At 30 June 2024

3,576,323
470,141
4,046,464



Depreciation


At 1 July 2023
65,819
197,182
263,001


Charge for the year on owned assets
53,941
68,240
122,181



At 30 June 2024

119,760
265,422
385,182



Net book value



At 30 June 2024
3,456,563
204,719
3,661,282



At 30 June 2023
2,786,699
226,181
3,012,880




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
3,456,563
2,786,699


Page 5

 
HIGH HERTS HOLDING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
2



At 30 June 2024
2





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Equitopia Ltd
England
Ordinary
100%
Equitopia Stud Ltd
England
Ordinary
100%


7.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
479,440


Disposals
(152,384)



At 30 June 2024
327,056

The 2024 valuations were made by the directors, on an open market value for existing use basis.

The directors are of the opinion that there has been no subsequent change to the value of the properties.




Page 6

 
HIGH HERTS HOLDING LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
1,025,070
939,021

Other debtors
-
80,119

1,025,070
1,019,140



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
3,726,042
3,411,899

Accruals and deferred income
4,800
4,440

3,730,842
3,416,339



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2  Ordinary shares of £1 each
2
2



11.


Controlling party

The company was under the control of its directors by virtue of their holding of the entire issued share capital.

 
Page 7