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REGISTERED NUMBER: 11694993 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

HI INVESTMENTS LTD

HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HI INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: Mr M A Wood





REGISTERED OFFICE: Innovation Centre Medway
Maidstone Road
Chatham
United Kingdom
ME5 9FD





REGISTERED NUMBER: 11694993 (England and Wales)





ACCOUNTANTS: React Business Services
Southbridge House
Southbridge Place
Croydon
CR0 4HA

HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 655,000 623,656
Investments 5 - 2,000
655,000 625,656

CURRENT ASSETS
Debtors 6 - 7,000
Cash at bank 12,190 3,817
12,190 10,817
CREDITORS
Amounts falling due within one year 7 199,507 197,506
NET CURRENT LIABILITIES (187,317 ) (186,689 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

467,683

438,967

CREDITORS
Amounts falling due after more than one
year

8

451,713

451,713
NET ASSETS/(LIABILITIES) 15,970 (12,746 )

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 31,343 -
Retained earnings (15,374 ) (12,747 )
15,970 (12,746 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)

BALANCE SHEET - continued
30 NOVEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





Mr M A Wood - Director


HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Hi Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 December 2023 623,656
Revaluations 31,344
At 30 November 2024 655,000
NET BOOK VALUE
At 30 November 2024 655,000
At 30 November 2023 623,656

HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 November 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 31,344 - 31,344
Cost 623,656 - 623,656
655,000 - 655,000

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2023 2,000
Disposals (2,000 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 2,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors - 7,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 1 -
Other creditors 199,506 197,506
199,507 197,506

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Other creditors 451,713 451,713

HI INVESTMENTS LTD (REGISTERED NUMBER: 11694993)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

9. RESERVES
Revaluation
reserve
£   
Property Revaluation 31,343

At 30 November 2024 31,343