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REGISTERED NUMBER: 09693146 (England and Wales)









HIGH STACK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024






HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGH STACK LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024







DIRECTORS: S J Moore
Mrs K J Moore





REGISTERED OFFICE: Pine Tree Cottage
Nine Mile Ride
Wokingham
Berkshire
RG40 3DY





REGISTERED NUMBER: 09693146 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - -
Investment property 6 965,000 611,968
965,000 611,968

CURRENT ASSETS
Debtors 7 144,821 6,085
Cash at bank 13,993 4,791
158,814 10,876
CREDITORS
Amounts falling due within one year 8 2,546 13,167
NET CURRENT ASSETS/(LIABILITIES) 156,268 (2,291 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,121,268

609,677

CREDITORS
Amounts falling due after more than one
year

9

(745,463

)

(564,675

)

PROVISIONS FOR LIABILITIES (88,258 ) -
NET ASSETS 287,547 45,002

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 264,774 -
Retained earnings 22,673 44,902
287,547 45,002

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

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

HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

BALANCE SHEET - continued
30 JUNE 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 26 June 2025 and were signed on its behalf by:





S J Moore - Director


HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

High Stack 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fees are being amortised evenly over their estimated useful life of nil years.

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 - 25% on cost

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method


HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 period 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 period was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023 27,600
Disposals (27,600 )
At 30 June 2024 -
AMORTISATION
At 1 August 2023 27,600
Eliminated on disposal (27,600 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 31 July 2023 -

HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 30 June 2024 6,304
DEPRECIATION
At 1 August 2023
and 30 June 2024 6,304
NET BOOK VALUE
At 30 June 2024 -

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 611,968
Revaluations 353,032
At 30 June 2024 965,000
NET BOOK VALUE
At 30 June 2024 965,000
At 31 July 2023 611,968

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 353,032
Cost 611,968
965,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 611,968 611,968

Investment property was valued on an open market basis on 30 June 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 144,821 6,085

HIGH STACK LIMITED (REGISTERED NUMBER: 09693146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2023 TO 30 JUNE 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 2,772
Other creditors 2,546 10,395
2,546 13,167

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 745,463 564,675

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 745,463 564,675