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REGISTERED NUMBER: 11667677 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

HABREN INVESTMENT COMPANY LIMITED

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 AUGUST 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

HABREN INVESTMENT COMPANY LIMITED

COMPANY INFORMATION
for the year ended 31 AUGUST 2024







DIRECTORS: R L Crichton
Mrs E A Crichton





REGISTERED OFFICE: Apartment 52 Riverlight 2
Riverlight Quay
London
SW11 8AW





REGISTERED NUMBER: 11667677 (England and Wales)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 514,326 463,662
Investment property 5 255,000 255,000
769,326 718,662

CURRENT ASSETS
Debtors 6 - 11,246
Investments 7 80,000 80,000
Cash at bank 28,863 16,959
108,863 108,205
CREDITORS
Amounts falling due within one year 8 (840,064 ) (840,426 )
NET CURRENT LIABILITIES (731,201 ) (732,221 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,125

(13,559

)

PROVISIONS FOR LIABILITIES (2,307 ) -
NET ASSETS/(LIABILITIES) 35,818 (13,559 )

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 9 3,288 (33,739 )
Retained earnings 32,330 19,980
35,818 (13,559 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





R L Crichton - Director


HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 AUGUST 2024

1. STATUTORY INFORMATION

Habren Investment Company Limited is a private company, limited by shares, registered in England, registration number 11667677. The registered office is Apartment 52 Riverlight 2, Riverlight Quay, London, England, SW11 8AW.

The principal activity of the company is investments.

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 as modified by the revaluation of certain assets.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates
In preparing these financial statements, the directors are required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

The following judgements and estimates have had the most significant effects on amounts recognised in the financial statements:

Valuation of investment property
As noted below, investment property is included in the Statement of Financial Position at fair value. The valuation is based on the directors' consideration of several factors including previous professional valuations, local market conditions, estate agent valuations, and recent selling prices of similar properties.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Income Recognition
Income from rental property is recognised on a straight-line basis over the term of the relevant lease.

Listed Investments
Listed investments are measured at fair value with changes in fair value recognised in profit or loss.

The fair value is the price that would be received if an asset is sold in an orderly transaction between market participants at the measurement date. The fair value of assets traded in an active market is based on quoted market prices at the close of trading on the reporting date. For quoted financial assets the valuation is based on the closing bid price.

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances.

Creditors
Short term trade creditors are measured at the transaction price.

Provisions
Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 AUGUST 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 September 2023 463,662
Additions 23,990
Disposals (23,905 )
Revaluations 50,579
At 31 August 2024 514,326
NET BOOK VALUE
At 31 August 2024 514,326
At 31 August 2023 463,662

Cost or valuation at 31 August 2024 is represented by:

Other
investments
£   
Valuation in 2021 51,092
Valuation in 2022 (101,287 )
Valuation in 2023 5,210
Valuation in 2024 50,579
Cost 508,732
514,326

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 255,000
NET BOOK VALUE
At 31 August 2024 255,000
At 31 August 2023 255,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 11,246

HABREN INVESTMENT COMPANY LIMITED (REGISTERED NUMBER: 11667677)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 AUGUST 2024

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 80,000 80,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 219 627
Other creditors 839,845 839,799
840,064 840,426

9. RESERVES
Fair
value
reserve
£   
At 1 September 2023 (33,739 )
Fair value transfer 37,027

At 31 August 2024 3,288

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HABREN INVESTMENT COMPANY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Habren Investment Company Limited for the year ended 31 August 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Habren Investment Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Habren Investment Company Limited and state those matters that we have agreed to state to the Board of Directors of Habren Investment Company Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Habren Investment Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Habren Investment Company Limited. You consider that Habren Investment Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Habren Investment Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE


Date: .............................................