IRIS Accounts Production v25.1.3.33 07470905 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074709052023-11-30074709052024-11-30074709052023-12-012024-11-30074709052022-11-30074709052022-12-012023-11-30074709052023-11-3007470905ns15:EnglandWales2023-12-012024-11-3007470905ns14:PoundSterling2023-12-012024-11-3007470905ns10:Director12023-12-012024-11-3007470905ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3007470905ns10:SmallEntities2023-12-012024-11-3007470905ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3007470905ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3007470905ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3007470905ns10:FullAccounts2023-12-012024-11-3007470905ns10:Director22023-12-012024-11-3007470905ns10:RegisteredOffice2023-12-012024-11-3007470905ns5:CurrentFinancialInstruments2024-11-3007470905ns5:CurrentFinancialInstruments2023-11-3007470905ns5:Non-currentFinancialInstruments2024-11-3007470905ns5:Non-currentFinancialInstruments2023-11-3007470905ns5:ShareCapital2024-11-3007470905ns5:ShareCapital2023-11-3007470905ns5:RetainedEarningsAccumulatedLosses2024-11-3007470905ns5:RetainedEarningsAccumulatedLosses2023-11-3007470905ns5:PlantMachinery2023-12-012024-11-3007470905ns5:PlantMachinery2023-11-3007470905ns5:PlantMachinery2024-11-3007470905ns5:PlantMachinery2023-11-3007470905ns5:CostValuation2023-11-3007470905ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3007470905ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30
REGISTERED NUMBER: 07470905 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

HIGHPATH HOMES LIMITED

HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGHPATH HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr S D Townsend
Mrs S A M Townsend





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 07470905 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,825 6,433
Investments 5 3 3
4,828 6,436

CURRENT ASSETS
Debtors 6 975,959 913,900
Cash at bank 61 1,857
976,020 915,757
CREDITORS
Amounts falling due within one year 7 30,649 26,959
NET CURRENT ASSETS 945,371 888,798
TOTAL ASSETS LESS CURRENT
LIABILITIES

950,199

895,234

CREDITORS
Amounts falling due after more than one year 8 28,864 29,521
NET ASSETS 921,335 865,713

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 920,335 864,713
SHAREHOLDERS' FUNDS 921,335 865,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)

BALANCE SHEET - continued
30 NOVEMBER 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 2 June 2025 and were signed on its behalf by:





Mr S D Townsend - Director


HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Highpath Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents net invoiced sales of goods, design and sale of property during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 13,644
DEPRECIATION
At 1 December 2023 7,211
Charge for year 1,608
At 30 November 2024 8,819
NET BOOK VALUE
At 30 November 2024 4,825
At 30 November 2023 6,433

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 December 2023
and 30 November 2024 3
NET BOOK VALUE
At 30 November 2024 3
At 30 November 2023 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by participating interests 865,924 913,865
Amounts recoverable on contract 110,000 -
Other debtors 35 35
975,959 913,900

HIGHPATH HOMES LIMITED (REGISTERED NUMBER: 07470905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 856 -
Amounts owed to participating interests 14,906 14,746
Taxation and social security 4,444 1,763
Other creditors 443 450
30,649 26,959

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 28,864 29,521

9. ULTIMATE CONTROLLING PARTY

The company was ultimately controlled by S D Townsend.