Highgate Real Estate UK Limited 06614094 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is property investment Digita Accounts Production Advanced 6.30.9574.0 true false true true 06614094 2024-07-01 2025-06-30 06614094 2025-06-30 06614094 bus:OrdinaryShareClass1 2025-06-30 06614094 core:CurrentFinancialInstruments 2025-06-30 06614094 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 06614094 core:CostValuation 2025-06-30 06614094 core:DisposalsDecreaseInInvestments 2025-06-30 06614094 bus:SmallEntities 2024-07-01 2025-06-30 06614094 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 06614094 bus:FilletedAccounts 2024-07-01 2025-06-30 06614094 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 06614094 bus:RegisteredOffice 2024-07-01 2025-06-30 06614094 bus:CompanySecretaryDirector2 2024-07-01 2025-06-30 06614094 bus:Director1 2024-07-01 2025-06-30 06614094 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 06614094 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 06614094 bus:Agent1 2024-07-01 2025-06-30 06614094 core:Associate1 2024-07-01 2025-06-30 06614094 core:Associate1 countries:AllCountries 2024-07-01 2025-06-30 06614094 core:FurnitureFittings 2024-07-01 2025-06-30 06614094 core:Subsidiary1 2024-07-01 2025-06-30 06614094 core:Subsidiary1 1 2024-07-01 2025-06-30 06614094 core:Subsidiary1 countries:EnglandWales 2024-07-01 2025-06-30 06614094 countries:AllCountries 2024-07-01 2025-06-30 06614094 2024-06-30 06614094 core:CostValuation 2024-06-30 06614094 2023-07-01 2024-06-30 06614094 2024-06-30 06614094 bus:OrdinaryShareClass1 2024-06-30 06614094 core:CurrentFinancialInstruments 2024-06-30 06614094 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06614094 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 06614094 core:Associate1 2023-07-01 2024-06-30 06614094 core:Subsidiary1 1 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06614094

Highgate Real Estate UK Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Highgate Real Estate UK Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Highgate Real Estate UK Limited

Company Information

Directors | Mr Kailayapillai Ranjan Mrs Bahmini Ranjan

Company secretary | Mrs Bahmini Ranjan

Registered office | Suite S4 Sterling House Langston Road Loughton Essex IG10 3TS

Accountants | Tahas & Co Ltd Chartered Certified AccountantsSuite 3, Second Floor 760 Eastern Avenue Newbury Park London IG2 7HU

Highgate Real Estate UK Limited

(Registration number: 06614094)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 500,000 | 500,000
Investments | 5 | 24 | 124
|  | 500,024 | 500,124
Current assets |  |  |
Debtors | 6 | 1,661,242 | 1,729,558
Cash at bank and in hand |  | 148,978 | 71,223
|  | 1,810,220 | 1,800,781
Creditors: Amounts falling due within one year | 7 | (1,952,027) | (1,965,721)
Net current liabilities |  | (141,807) | (164,940)
Total assets less current liabilities |  | 358,217 | 335,184
Provisions for liabilities |  | (46,339) | (46,339)
Net assets |  | 311,878 | 288,845
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | 311,876 | 288,843
Shareholders' funds |  | 311,878 | 288,845

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 March 2026 and signed on its behalf by:

......................................... Mr Kailayapillai Ranjan Director

Highgate Real Estate UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and wales.

The address of its registered office is:
Suite S4 Sterling House
Langston Road
Loughton
Essex
IG10 3TS

These financial statements were authorised for issue by the Board on 18 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Depreciation

Asset class | Depreciation method and rate
Fixtures and fittings | 33.33% per annum straight line

Highgate Real Estate UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Highgate Real Estate UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investment properties

| 2025 £
At 1 July | 500,000
At 30 June | 500,000

The investment properties were valued at £500,000 (2024: £500,000). The original cost of the investment property was £256,110.

There has been no valuation of investment property by an independent valuer.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | - | 100
Investments in associates | 24 | 24
| 24 | 124

Subsidiaries | £
Cost or valuation
At 1 July 2024 | 100
Disposals | (100)
At 30 June 2025 | -
Provision
Carrying amount
At 30 June 2025 | -
At 30 June 2024 | 100

Highgate Real Estate UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Associates | £
Cost
At 1 July 2024 | 24
Provision
Carrying amount
At 30 June 2025 | 24
At 30 June 2024 | 24

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Highgate JV Developments Limited | Suite S4 Sterling House Langston Road Loughton Essex IG10 3TS England and Wales | Ordinary | 0% | 100%
Associates
Om Property Essex Ltd | Unit 5 Clements Court Clements Lane Ilford IG1 2QY | Ordinary | 20% | 20%
| England and Wales |  |  |

Subsidiary undertakings
Highgate JV Developments Limited The principal activity of Highgate JV Developments Limited is Property development.

Associates
Om Property Essex Ltd The principal activity of Om Property Essex Ltd is property development.

Highgate Real Estate UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties |  | 1,536,432 | 1,391,432
Other debtors |  | 124,810 | 338,126
|  | 1,661,242 | 1,729,558

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 1,824,851 | 1,824,951
Taxation and social security |  | 7,454 | 22,839
Accruals and deferred income |  | 960 | 960
Other creditors |  | 118,762 | 116,971
|  | 1,952,027 | 1,965,721

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

9 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £Nil (2024 - £350,000.00) per each Ordinary shares |  | - |  | 700,000