HARGREAVES SECURITIES LIMITED

Company Registration Number:
02974108 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

HARGREAVES SECURITIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

HARGREAVES SECURITIES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 9,025,062 8,779,581
Total fixed assets: 9,025,062 8,779,581
Current assets
Debtors:   6,079,443 5,700,348
Cash at bank and in hand: 719,158 536,551
Total current assets: 6,798,601 6,236,899
Creditors: amounts falling due within one year:   (4,246) (18,876)
Net current assets (liabilities): 6,794,355 6,218,023
Total assets less current liabilities: 15,819,417 14,997,604
Total net assets (liabilities): 15,819,417 14,997,604
Capital and reserves
Called up share capital: 17 17
Profit and loss account: 15,819,400 14,997,587
Shareholders funds: 15,819,417 14,997,604

The notes form part of these financial statements

HARGREAVES SECURITIES LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 02 April 2025
and signed on behalf of the board by:

Name: Elian Malia
Status: Director

The notes form part of these financial statements

HARGREAVES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

HARGREAVES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

HARGREAVES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed investments

A financial investment is a financial asset which is held by the Company for the accretion of wealth through distribution, for capital appreciation or for other similar benefits to the Company. A financial investment is recognised when a Company acquires a contractual right to receive cash or another financial asset from another entity, or to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the Company. An investment is initially measured at cost, comprising its purchase price and transaction costs that are directly attributable to the acquisition of the investment. After initial recognition, investments not quoted on an active market are carried under the cost model and measured at the lower of cost and fair value less costs to sell. Any adjustments to the carrying amount in this respect shall be recognised in the profit or loss for the period.

HARGREAVES SECURITIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Related party transactions

Name of the related party: Hargreaves Property Holdings (2015) limied
Relationship:
Unquoted Investmenst
Description of the Transaction: An investment in shares and loan notes
£
Balance at 01 January 2023 8,779,581
Balance at 31 December 2023 9,025,062