HGB INVESTMENTS CIC

Company Registration Number:
SC554174 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

HGB INVESTMENTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HGB INVESTMENTS CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 91,387 85,220
Total fixed assets: 91,387 85,220
Current assets
Debtors: 4 88,261 79,348
Cash at bank and in hand: 9,695 13,165
Total current assets: 97,956 92,513
Creditors: amounts falling due within one year: 5 ( 112,533 ) ( 110,285 )
Net current assets (liabilities): (14,577) (17,772)
Total assets less current liabilities: 76,810 67,448
Creditors: amounts falling due after more than one year: 6 ( 10,832 ) ( 20,833 )
Accruals and deferred income: ( 141,442 ) ( 110,717 )
Total net assets (liabilities): (75,464) (64,102)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (75,564 ) (64,202 )
Total Shareholders' funds: ( 75,464 ) (64,102)

The notes form part of these financial statements

HGB INVESTMENTS CIC

Balance sheet statements

For the year ending 31 January 2025 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.

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

This report was approved by the board of directors on 31 October 2025
and signed on behalf of the board by:

Name: Margaret Carol Thomson
Status: Director

The notes form part of these financial statements

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 4

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 81,290 508 25,037 106,835
Additions 15,750 15,750
Disposals
Revaluations
Transfers
At 31 January 2025 97,040 508 25,037 122,585
Depreciation
At 1 February 2024 12,545 221 8,849 21,615
Charge for year 4,065 122 5,396 9,583
On disposals
Other adjustments
At 31 January 2025 16,610 343 14,245 31,198
Net book value
At 31 January 2025 80,430 165 10,792 91,387
At 31 January 2024 68,745 287 16,188 85,220

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Trade debtors 55,806 40,062
Other debtors 32,455 39,286
Total 88,261 79,348

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 10,000 10,735
Trade creditors 45,888 42,959
Taxation and social security 56,575 54,726
Other creditors 70 1,865
Total 112,533 110,285

HGB INVESTMENTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

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

2025 2024
£ £
Bank loans and overdrafts 10,832 20,833
Total 10,832 20,833

COMMUNITY INTEREST ANNUAL REPORT

HGB INVESTMENTS CIC

Company Number: SC554174 (Scotland)

Year Ending: 31 January 2025

Company activities and impact

Over 50 businesses (including coffee retailers, shoe wholesalers; landscape gardeners; opticians; musical instrument retailers; theatre groups; fitness instructors; furniture retailers) and charities are provided with work-spaces and/or storage spaces. Our company aim is to boost business success and economic growth in the area through entrepreneurship, collaboration, creativity and community.

Consultation with stakeholders

Our stakeholders are our staff and our customers who routinely feedback to our management team on services provided.

Directors' remuneration

The directors received remuneration amounting to £Nil. There were amounts paid to a related party in which the directors have a controlling interest amounting to £19,875. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors loss of office, which requires to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 October 2025

And signed on behalf of the board by:
Name: Margaret Carol Thomson
Status: Director