1 December 2023 false No description of principal activity Taxfiler 2024.6 12330647business:PrivateLimitedCompanyLtd2023-12-012024-11-30 123306472023-11-30 123306472023-12-012024-11-30 12330647business:AuditExemptWithAccountantsReport2023-12-012024-11-30 12330647business:AbridgedAccounts2023-12-012024-11-30 123306472024-11-30 12330647business:Director12023-12-012024-11-30 12330647business:Director22023-12-012024-11-30 12330647business:RegisteredOffice2023-12-012024-11-30 123306472023-11-30 12330647core:WithinOneYear2024-11-30 12330647core:WithinOneYear2023-11-30 12330647core:AfterOneYear2024-11-30 12330647core:AfterOneYear2023-11-30 12330647core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 12330647core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 12330647core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 12330647core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 12330647core:PreviouslyStatedAmount2024-11-30 12330647core:PreviouslyStatedAmount2023-11-30 12330647business:SmallEntities2023-12-012024-11-30 12330647countries:EnglandWales2023-12-012024-11-30 12330647core:PlantMachinery2023-12-012024-11-30 123306472022-12-012023-11-30 iso4217:GBP xbrli:pure
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
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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
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Highlands Real Estates Investment Company (hreic) Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
819,487 
827,942 
Current assets
Debtors
3,351 
- 
Cash at bank and in hand
21,955 
7,582 
25,306 
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)
Capital and reserves
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
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Highlands Real Estates Investment Company (hreic) Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At 1 December 2023
854,246 
At 30 November 2024
854,246 
Depreciation
At 1 December 2023
26,304 
Charge for the year
8,455 
At 30 November 2024
34,759 
Net book value
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).
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