Company Registration No. 12330647 (England and Wales)
Highlands Real Estates Investment Company (hreic) Ltd
Unaudited accounts
for the year ended 30 November 2024
Highlands Real Estates Investment Company (hreic) Ltd
Unaudited accounts
Contents
Highlands Real Estates Investment Company (hreic) Ltd
Company Information
for the year ended 30 November 2024
Directors
Olugbena Vincent Bamgbowu
Olufunke Folasade Bamgbowu
Company Number
12330647 (England and Wales)
Registered Office
85 Great Portland Street
First Floor
London
W1W 7LT
England
Accountants
Munn Accounting Ltd
2 Garnlydan Farm
Garnlydan
Ebbw Vale
Gwent
NP23 5HA
Highlands Real Estates Investment Company (hreic) Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
819,487
827,942
Cash at bank and in hand
21,955
7,582
Creditors: amounts falling due within one year
(360)
(350)
Net current assets
24,946
7,232
Total assets less current liabilities
844,433
835,174
Creditors: amounts falling due after more than one year
(839,716)
(854,618)
Net assets/(liabilities)
4,717
(19,444)
Called up share capital
1,000
1,000
Profit and loss account
3,717
(20,444)
Shareholders' funds
4,717
(19,444)
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by
Olugbena Vincent Bamgbowu
Director
Company Registration No. 12330647
Highlands Real Estates Investment Company (hreic) Ltd
Notes to the Accounts
for the year ended 30 November 2024
Highlands Real Estates Investment Company (hreic) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12330647. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Total
At 1 December 2023
854,246
At 30 November 2024
854,246
At 30 November 2024
34,759
At 30 November 2024
819,487
At 30 November 2023
827,942
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).