Company registration number 04153497 (England and Wales)
HIGHET PROJECT MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
HIGHET PROJECT MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
HIGHET PROJECT MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
502
696
Current assets
Debtors
4
16,636
46,814
Cash at bank and in hand
96,856
84,689
113,492
131,503
Creditors: amounts falling due within one year
5
(18,252)
(30,515)
Net current assets
95,240
100,988
Total assets less current liabilities
95,742
101,684
Provisions for liabilities
(95)
(174)
Net assets
95,647
101,510
Capital and reserves
Called up share capital
3
3
Profit and loss reserves
95,644
101,507
Total equity
95,647
101,510

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 18 November 2025 and are signed on its behalf by:
Mr M R Highet
Director
Company registration number 04153497 (England and Wales)
HIGHET PROJECT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Highet Project Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is, Long Lane Farm, Long Lane, Bickerstaffe, Ormskirk, Lancashire, United Kingdom, L39 9EF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, the principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value o f consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
15% Reducing Balance
Computer equipment
33% Straight Line
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

HIGHET PROJECT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Retirement benefits

The pension costs charged in the financial statements with respect to defined contribution plans are recognised as employee benefit expenses when they are due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computer equipment
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
2,138
3,458
5,596
Depreciation and impairment
At 1 April 2024
1,705
3,195
4,900
Depreciation charged in the year
65
129
194
At 31 March 2025
1,770
3,324
5,094
Carrying amount
At 31 March 2025
368
134
502
At 31 March 2024
433
263
696
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
15,300
41,709
Other debtors
1,336
5,105
16,636
46,814
HIGHET PROJECT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
36
14
Corporation tax
9,441
13,344
Other creditors
8,775
17,157
18,252
30,515
6
Directors' transactions

The below loans are unsecured, interest free and repayable on demand. All the figures are disclosed on an aggregate basis.

x

Advances or credits have been granted by the company to its directors as follows:

2025
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Mr M R Highet - Directors Loan Account
1,925
21,309
(23,234)
-
Mrs S P Highet - Directors Loan Account
1,926
21,309
(23,235)
-
3,851
42,618
(46,469)
-
2024
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Mr M R Highet - Directors Loan Account
-
25,849
(23,924)
1,925
Mrs S P Highet - Directors Loan Account
-
25,849
(23,923)
1,926
-
51,698
(47,847)
3,851
2025-03-31 2024-04-01 false false false 19 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr M R Highet Mrs S P Highet 04153497 2024-04-01 2025-03-31 04153497 2025-03-31 04153497 2024-03-31 04153497 core:FurnitureFittings 2025-03-31 04153497 core:ComputerEquipment 2025-03-31 04153497 core:FurnitureFittings 2024-03-31 04153497 core:ComputerEquipment 2024-03-31 04153497 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 04153497 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 04153497 core:ShareCapital 2025-03-31 04153497 core:ShareCapital 2024-03-31 04153497 core:RetainedEarningsAccumulatedLosses 2025-03-31 04153497 core:RetainedEarningsAccumulatedLosses 2024-03-31 04153497 bus:Director1 2024-04-01 2025-03-31 04153497 core:FurnitureFittings 2024-04-01 2025-03-31 04153497 core:ComputerEquipment 2024-04-01 2025-03-31 04153497 2023-04-01 2024-03-31 04153497 core:FurnitureFittings 2024-03-31 04153497 core:ComputerEquipment 2024-03-31 04153497 2024-03-31 04153497 core:CurrentFinancialInstruments 2025-03-31 04153497 core:CurrentFinancialInstruments 2024-03-31 04153497 core:WithinOneYear 2025-03-31 04153497 core:WithinOneYear 2024-03-31 04153497 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04153497 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04153497 bus:FRS102 2024-04-01 2025-03-31 04153497 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04153497 bus:Director2 2024-04-01 2025-03-31 04153497 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP