HGIC Ltd

(Registration number: 13393425)
Balance Sheet as at 31 May 2024

	2024 £	2023 £
Fixed assets	5,082,152	5,082,152
Current assets	129,546	724,948
Creditors: Amounts falling due within one year	(2,302,128)	(2,285,623)
Net current liabilities	(2,172,582)	(1,560,675)
Total assets less current liabilities	2,909,570	3,521,477
Accruals and deferred income	(1,500)	(420)
	2,908,070	3,521,057
Capital and reserves	2,908,070	3,521,057

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
158 Cromwell Road
Salford
M6 6DE
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

HGIC Ltd

(Registration number: 13393425)
Balance Sheet as at 31 May 2024

3	Related party transactions

Transactions with the director

2024	At 1 June 2023 £	At 31 May 2024 £
I Cohen
Short term non-interest bearing loan	512,920	-
	-	-
	512,920	-

2023	At 1 June 2022 £	At 31 May 2023 £
I Cohen
Short term non-interest bearing loan	-	512,920
	-	512,920

HGIC Ltd

(Registration number: 13393425)
Balance Sheet as at 31 May 2024

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 March 2025
 

......................................... I Cohen Director