1 August 2024 false No description of principal activity Taxfiler 2024.6 07724673 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 07724673 2024-07-31 07724673 2024-08-01 2025-07-31 07724673 business:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 07724673 business:FilletedAccounts 2024-08-01 2025-07-31 07724673 2025-07-31 07724673 business:Director1 2024-08-01 2025-07-31 07724673 business:RegisteredOffice 2024-08-01 2025-07-31 07724673 2024-07-31 07724673 core:WithinOneYear 2025-07-31 07724673 core:WithinOneYear 2024-07-31 07724673 core:AfterOneYear 2025-07-31 07724673 core:AfterOneYear 2024-07-31 07724673 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 07724673 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 07724673 core:RevaluationReserve core:PreviouslyStatedAmount 2025-07-31 07724673 core:RevaluationReserve core:PreviouslyStatedAmount 2024-07-31 07724673 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 07724673 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 07724673 core:PreviouslyStatedAmount 2025-07-31 07724673 core:PreviouslyStatedAmount 2024-07-31 07724673 business:SmallEntities 2024-08-01 2025-07-31 07724673 countries:EnglandWales 2024-08-01 2025-07-31 07724673 core:MotorVehicles 2024-08-01 2025-07-31 07724673 core:FurnitureFittings 2024-08-01 2025-07-31 07724673 core:Goodwill 2024-07-31 07724673 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 07724673 core:Goodwill 2025-07-31 07724673 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 07724673 core:MotorVehicles 2024-07-31 07724673 core:FurnitureFittings 2024-07-31 07724673 core:MotorVehicles 2025-07-31 07724673 core:FurnitureFittings 2025-07-31 07724673 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 07724673 (England and Wales)
High Level Drive Express Ltd Unaudited accounts for the year ended 31 July 2025
High Level Drive Express Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
High Level Drive Express Ltd Company Information for the year ended 31 July 2025
Director
Mr Retnasingam Nirmalan
Company Number
07724673 (England and Wales)
Registered Office
77 Egham Crescent Cheam Sutton SM3 9AP
Accountants
Accountancy Plus Consultants Ltd Highlands House 165 The Broadway Wimbledon London SW19 1NE
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of High Level Drive Express Ltd for the year ended 31 July 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of High Level Drive Express Ltd for the year ended 31 July 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Accountancy Plus Consultants Ltd Member in Practice Highlands House 165 The Broadway Wimbledon London SW19 1NE 10 August 2025
- 4 -
High Level Drive Express Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
240,000
240,000
Tangible assets
5
49,803
56,979
289,803
296,979
Current assets
Inventories
60,010
51,250
Debtors
6
9,622
3,194
Cash at bank and in hand
2,345
4,936
71,977
59,380
Creditors: amounts falling due within one year
7
(98,969)
(78,205)
Net current liabilities
(26,992)
(18,825)
Total assets less current liabilities
262,811
278,154
Creditors: amounts falling due after more than one year
8
(43,067)
(53,712)
Net assets
219,744
224,442
Capital and reserves
Called up share capital
1,000
1,000
Revaluation reserve
200,000
200,000
Profit and loss account
18,744
23,442
Shareholders' funds
219,744
224,442
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 November 2025 and were signed on its behalf by
Mr Retnasingam Nirmalan Director Company Registration No. 07724673
- 5 -
High Level Drive Express Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
High Level Drive Express Ltd is a private company, limited by shares, registered in England and Wales, registration number 07724673. The registered office is 77 Egham Crescent, Cheam, Sutton, SM3 9AP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25
Fixtures & fittings
25
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 August 2024
40,000
200,000
240,000
At 31 July 2025
40,000
200,000
240,000
Amortisation
At 1 August 2024
-
-
-
At 31 July 2025
-
-
-
Net book value
At 31 July 2025
40,000
200,000
240,000
At 31 July 2024
40,000
200,000
240,000
- 6 -
High Level Drive Express Ltd Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
33,124
91,035
124,159
At 31 July 2025
33,124
91,035
124,159
Depreciation
At 1 August 2024
18,342
48,838
67,180
Charge for the year
2,956
4,220
7,176
At 31 July 2025
21,298
53,058
74,356
Net book value
At 31 July 2025
11,826
37,977
49,803
At 31 July 2024
14,782
42,197
56,979
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
180
210
Amounts falling due after more than one year
Other debtors
9,442
2,984
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,352
1,645
Taxes and social security
4,233
3,181
Loans from directors
93,384
73,379
98,969
78,205
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
7,067
17,712
Loans from directors
36,000
36,000
43,067
53,712
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).
- 7 -