REGISTERED NUMBER: 15650848 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 APRIL 2024 TO 31 JANUARY 2025

FOR

HP CAPITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R S Sidhu

REGISTERED OFFICE:

9 Stuart Avenue

London

W5 3QJ

REGISTERED NUMBER:

15650848 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Property, plant and equipment

4

1,833

Investments

5

574,007

575,840

CURRENT ASSETS

Debtors

6

2,966

Cash at bank

31,035

34,001

CREDITORS

Amounts falling due within one year

7

380,099

NET CURRENT LIABILITIES

(346,098

)

TOTAL ASSETS LESS CURRENT LIABILITIES

229,742

CREDITORS

Amounts falling due after more than one year

8

215,000

NET ASSETS

14,742

RESERVES

Retained earnings

14,742

SHAREHOLDERS' FUNDS

14,742

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

R S Sidhu - Director

1.	STATUTORY INFORMATION

HP Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

Additions

2,153

At 31 January 2025

2,153

DEPRECIATION

Charge for period

320

At 31 January 2025

320

NET BOOK VALUE

At 31 January 2025

1,833

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

574,007

At 31 January 2025

574,007

NET BOOK VALUE

At 31 January 2025

574,007

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

2,966

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

80,405

Director's current account

289,501

Accrued expenses

10,193

380,099

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other loans (see note 9)

215,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs

non-institutional

215,000

215,000

9.

LOANS

The Company has obtained loan from Cactus International F.Z.C, for a principal amount of up to £250,000 during the year. Interest shall accrue on the loan at a rate of 8% per annum. It is agreed between lender and borrower that there should be a grace of 3months starting from when loan is drawn. During this period, the lender agrees that Borrow may forego any interest payment in cash and interest accrued to be added to the principal amount of the loan. The loan is repayable over a term of 10 years from the date of the loan issued.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

0.1

-

100 Ordinary shares of 0.1 each were allotted and fully paid for cash at par during the period.

11.	RELATED PARTY DISCLOSURES

As at year end, the amount owed to director of the company is £314,501.The amount owed is unsecured and there are no specific terms to the repayment of this amount.

Included within other debtors as at yearend is £2,966 an amount owed from The Shoe Station Limited, a company where Mr Rikhveer Sidhu is also the director. The amount owed is unsecured and there are no specific terms to the repayment of this amount.