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REGISTERED NUMBER: 14934241 (England and Wales)















Unaudited Financial Statements

for the Period 13 June 2023 to 30 June 2024

for

HPRE Limited

HPRE Limited (Registered number: 14934241)






Contents of the Financial Statements
for the Period 13 June 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HPRE Limited

Company Information
for the Period 13 June 2023 to 30 June 2024







DIRECTOR: T Siviter





REGISTERED OFFICE: Keepers Lane
The Wergs
Wolverhampton
WV6 8UA





BUSINESS ADDRESS: 33 St James's Square
Mayfair
London
SW1Y 4JS





REGISTERED NUMBER: 14934241 (England and Wales)





ACCOUNTANTS: Haines Watts Wolverhampton Limited
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA

HPRE Limited (Registered number: 14934241)

Balance Sheet
30 June 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 2,943
Tangible assets 5 46,932
49,875

CURRENT ASSETS
Cash at bank 37

CREDITORS
Amounts falling due within one year 6 48,757
NET CURRENT LIABILITIES (48,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,155

CREDITORS
Amounts falling due after more than one
year

7

39,000
NET LIABILITIES (37,845 )

CAPITAL AND RESERVES
Called up share capital 9 100
Retained earnings (37,945 )
SHAREHOLDERS' FUNDS (37,845 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

HPRE Limited (Registered number: 14934241)

Balance Sheet - continued
30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2025 and were signed by:





T Siviter - Director


HPRE Limited (Registered number: 14934241)

Notes to the Financial Statements
for the Period 13 June 2023 to 30 June 2024

1. STATUTORY INFORMATION

HPRE Limited 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.

The financial statements have been prepared on a going concern basis. The Director has reviewed and considered relevant information, including the annual budget and future cash flows in making his assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Director has concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Going concern
There was a net deficiency of assets at the balance sheet date, however the director has confirmed continued support and considers that the company can continue trading for the foreseeable future.
The major part of the company's working capital requirements are provided by a loan from the director which is repayable on demand. The director has indicated that this support will continue for the foreseeable future.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The turnover shown in the profit and loss account is the amount receivable for the provision of services falling within the Company's activities, net of rebates and trade discounts.

Turnover from the provision of services is recognised in the accounting period in which the Company obtains the right to consideration in exchange for its performance and when the amounts to be recognised are fixed or determinable and collectability is reasonably assured.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on cost
Computer equipment - 33% on cost


HPRE Limited (Registered number: 14934241)

Notes to the Financial Statements - continued
for the Period 13 June 2023 to 30 June 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as the financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 3,679
At 30 June 2024 3,679
AMORTISATION
Charge for period 736
At 30 June 2024 736
NET BOOK VALUE
At 30 June 2024 2,943

HPRE Limited (Registered number: 14934241)

Notes to the Financial Statements - continued
for the Period 13 June 2023 to 30 June 2024

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 55,582 699 56,281
At 30 June 2024 55,582 699 56,281
DEPRECIATION
Charge for period 9,116 233 9,349
At 30 June 2024 9,116 233 9,349
NET BOOK VALUE
At 30 June 2024 46,466 466 46,932

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 10,400
Other creditors 38,357
48,757

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 39,000

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Hire purchase contracts 49,400

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .