HICS PROPERTIES LTD

Company Registration Number:
NI062043 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

HICS PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

HICS PROPERTIES LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 173,107 218,792
Investments: 4 250,050 250,050
Total fixed assets: 423,157 468,842
Current assets
Stocks: 7,542,559 6,976,016
Debtors:   386,001 366,228
Cash at bank and in hand: 1,887 12,603
Total current assets: 7,930,447 7,354,847
Creditors: amounts falling due within one year:   (7,038,210) (6,475,962)
Net current assets (liabilities): 892,237 878,885
Total assets less current liabilities: 1,315,394 1,347,727
Creditors: amounts falling due after more than one year:   (92,291) (159,063)
Provision for liabilities: (43,000) (50,000)
Total net assets (liabilities): 1,180,103 1,138,664
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,179,103 1,137,664
Shareholders funds: 1,180,103 1,138,664

The notes form part of these financial statements

HICS PROPERTIES LTD

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.

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 23 September 2025
and signed on behalf of the board by:

Name: Howard Clarke
Status: Director

The notes form part of these financial statements

HICS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

HICS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 9 9

HICS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 499,596
Additions 32,306
Disposals (67,800)
At 31 December 2024 464,102
Depreciation
At 01 January 2024 280,804
Charge for year 43,277
On disposals (33,086)
At 31 December 2024 290,995
Net book value
At 31 December 2024 173,107
At 31 December 2023 218,792

HICS PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Op Balance £250,050 Cl Balance £250,050