HIGHER STREET PROPERTIES LIMITED

Company Registration Number:
08944703 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

HIGHER STREET PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HIGHER STREET PROPERTIES LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The director presents his report and accounts for the year ended 31 December 2024. Directors Garry Reynolds held office during the whole of the period. Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Garry Reynolds

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
19 September 2025

And signed on behalf of the board by:
Name: Garry Reynolds
Status: Director

HIGHER STREET PROPERTIES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 66,811 65,612
Gross profit(or loss): 66,811 65,612
Administrative expenses: ( 15,961 ) ( 22,118 )
Operating profit(or loss): 50,850 43,494
Interest payable and similar charges: ( 17,052 ) ( 17,052 )
Profit(or loss) before tax: 33,798 26,442
Tax: ( 6,422 ) ( 5,024 )
Profit(or loss) for the financial year: 27,376 21,418

HIGHER STREET PROPERTIES LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Tangible assets: 3 698,356 698,356
Total fixed assets: 698,356 698,356
Current assets
Debtors: 4 11,761 11,761
Cash at bank and in hand: 76,326 60,242
Total current assets: 88,087 72,003
Creditors: amounts falling due within one year: 5 ( 420,388 ) ( 418,490 )
Net current assets (liabilities): (332,301) (346,487)
Total assets less current liabilities: 366,055 351,869
Creditors: amounts falling due after more than one year: 6 ( 204,952 ) ( 217,642 )
Total net assets (liabilities): 161,103 134,227
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 161,102 134,226
Total Shareholders' funds: 161,103 134,227

The notes form part of these financial statements

HIGHER STREET PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

This report was approved by the board of directors on 19 September 2025
and signed on behalf of the board by:

Name: Garry Reynolds
Status: Director

The notes form part of these financial statements

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 698,356 698,356
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 698,356 698,356
Depreciation
At 1 January 2024
Charge for year
On disposals
Other adjustments
At 31 December 2024
Net book value
At 31 December 2024 698,356 698,356
At 31 December 2023 698,356 698,356

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 6,261 6,261
Other debtors 5,500 5,500
Total 11,761 11,761

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 6,422 5,024
Accruals and deferred income 1,980 1,980
Other creditors 411,986 411,486
Total 420,388 418,490

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

2024 2023
£ £
Bank loans and overdrafts 204,952 217,642
Total 204,952 217,642

HIGHER STREET PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Loans to directors

Name of director receiving advance or credit: Garry Reynolds
Description of the transaction:
Directors Personal Money
£
Balance at 31 December 2023 405,796
Advances or credits made:
Advances or credits repaid:
Balance at 31 December 2024 405,796