THE HIGHBURY VALE LIMITED

Company Registration Number:
07747484 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

THE HIGHBURY VALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

THE HIGHBURY VALE LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 83,116 172,407
Investments: 4 100 100
Total fixed assets: 83,216 172,507
Current assets
Stocks: 82,500 108,200
Debtors:   372,515 249,011
Cash at bank and in hand: 3,173 16,364
Total current assets: 458,188 373,575
Creditors: amounts falling due within one year: 5 (129,337) (162,382)
Net current assets (liabilities): 328,851 211,193
Total assets less current liabilities: 412,067 383,700
Creditors: amounts falling due after more than one year: 6 (53,240) (104,741)
Total net assets (liabilities): 358,827 278,959
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 358,727 278,859
Shareholders funds: 358,827 278,959

The notes form part of these financial statements

THE HIGHBURY VALE LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2025
and signed on behalf of the board by:

Name: Prathapan Shankar
Status: Director

The notes form part of these financial statements

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold property No depreciation, Leasehold property 12 years on straight line, Plant & Machinery 20% reducing balance, Motor Vehicles 25% straight line, Fixtures and Fittings 20% reducing balance.

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 8 14

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 396,242
Additions 1,487
Disposals (120,000)
At 31 August 2024 277,729
Depreciation
At 01 September 2023 223,835
Charge for year 10,778
On disposals (40,000)
At 31 August 2024 194,613
Net book value
At 31 August 2024 83,116
At 31 August 2023 172,407

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed investments

Shares in subsidiaries amounts to £100 (2023: £100) at the balance sheet date.

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

Creditors due within one year amounts to £129,337 (2023: £162,382).

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due after more than one year note

Long term bank loan of £22,500 (2023: £67,781) and other loan of £30,740 (2023: £36,960) outstanding at the balance sheet date.

THE HIGHBURY VALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Related party transactions

Name of the related party: Prathapan Shankar
Relationship:
Director
Description of the Transaction: The company owed money to the director
£
Balance at 01 September 2023 194
Balance at 31 August 2024 2,973
Name of the related party: Dharsan Premkumar
Relationship:
Director
Description of the Transaction: The company owed money to the director
£
Balance at 01 September 2023 193
Balance at 31 August 2024 2,973
Name of the related party: Highbury Investments capital Limited
Relationship:
Subsidiary company
Description of the Transaction: The company loaned money to related party
£
Balance at 01 September 2023 72,127
Balance at 31 August 2024 69,560
Name of the related party: The Highbury Vale 2 Limited
Relationship:
Connected company
Description of the Transaction: The company loaned money to related party
£
Balance at 01 September 2023 176,884
Balance at 31 August 2024 302,955