Company No:
Contents
Note | 31.08.2024 | 31.08.2023 | ||
£ | £ | |||
Current assets | ||||
Cash at bank and in hand |
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50,100 | 100 | |||
Creditors: amounts falling due within one year | 3 | (
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Net current assets | 100 | 100 | ||
Total assets less current liabilities | 100 | 100 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 4 |
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Total shareholders' funds |
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of High Ground Investments Ltd (registered number:
C W R Palmer
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
High Ground Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Little Wych, Burton Road, Bridport, DT6 4JG, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Year ended 31.08.2024 |
Period from 31.08.2022 to 31.08.2023 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors |
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31.08.2024 | 31.08.2023 | ||
£ | £ | ||
Other creditors |
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31.08.2024 | 31.08.2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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