HIGHCLIFFE CAPITAL LTD

Company Registration Number:
14920932 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 07 June 2023

End date: 30 June 2024

HIGHCLIFFE CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

HIGHCLIFFE CAPITAL LTD

Balance sheet

As at 30 June 2024


Notes

13 months to 30 June 2024


£
Fixed assets
Investments: 3 1
Total fixed assets: 1
Current assets
Debtors: 4 2,827,155
Cash at bank and in hand: 148,229
Total current assets: 2,975,384
Creditors: amounts falling due within one year: 5 (2,973,976)
Net current assets (liabilities): 1,408
Total assets less current liabilities: 1,409
Total net assets (liabilities): 1,409
Capital and reserves
Called up share capital: 1
Profit and loss account: 1,408
Shareholders funds: 1,409

The notes form part of these financial statements

HIGHCLIFFE CAPITAL LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 March 2025
and signed on behalf of the board by:

Name: Warren Spokes
Status: Director

The notes form part of these financial statements

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Cash and cash equivalents Cash and cash equivalents comprise cash balances and call deposits. Financial assets - Trade and other debtors Trade and other debtors are recognised initially at transaction price less attributable transaction costs. The assets are subsequently carried at amortised cost using the effective interest method, less provision for impairment. At the end of each reporting period the financial assets are assessed for evidence of impairment. If an asset is impaired, the impairment loss is recognised in the profit or loss. Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities - trade and other creditors Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Taxation Tax on the profit or loss for the year comprises current tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income. Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years. Interest receivable and interest payable Interest payable and similar charges include interest payable and finance charges on finance leases recognised in profit or loss using the effective interest method. Other interest receivable and similar income include interest receivable on funds invested. Interest income and interest payable are recognised in profit or loss as they accrue, using the effective interest method.

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

13 months to 30 June 2024
Average number of employees during the period 0

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Fixed investments

The company holds 100% of the ordinary share capital in Al Caseta Limited, a company registered in England and Wales.

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

13 months to 30 June 2024
£
Debtors due after more than one year: 2,827,155

Amounts owed by group undertakings

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Amounts owed to other related undertakings

HIGHCLIFFE CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Related party transactions

Name of the related party: Nigel Spokes
Relationship:
Director
Description of the Transaction: Loan to the company
£
Balance at 30 June 2024 2,973,976

Other related parties include the shareholder of the company. There were no sales or purchases to related parties during this period.