ACCOUNTS - Final Accounts

Registered number: 00120750

HENRIETTA RUBBER ESTATE LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

HENRIETTA RUBBER ESTATE LIMITED

REGISTERED NUMBER: 00120750

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		RM		RM


Current assets
Debtors: Amounts falling due within one year	5	18,334		19,137
Cash at bank and in hand	6	6,366		1,008
		24,700		20,145
Creditors: Amounts falling due within one year	7	(645,075)		(543,423)
Net current liabilities			(620,375)		(523,278)
Total assets less current liabilities			(620,375)		(523,278)

Net liabilities			(620,375)		(523,278)

Capital and reserves
Called-up share capital	3,469,562	3,469,562
Capital redemption reserve	7,786	7,786
Profit and loss account	(4,097,723)	(4,000,626)
	(620,375)	(523,278)

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the Board and were signed on its behalf by:

Lee Boon Liang

Director

Date: 15 July 2026

The notes on pages 2 to 5 form part of these financial statements.

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HENRIETTA RUBBER ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

1.	General information

Henrietta Rubber Estate Limited is a private company limited by shares incorporated in England in the United Kingdom. The Company's registered number is 00120750 and registered office address is c/o Birketts LLP, One London Wall, Barbican, London, EC2Y 5EA, England. The Company is domiciled in Malaysia.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006. 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 presentation currency of the financial statements is Malaysian Ringgit ("RM"), which is also the functional currency of the Company. Figures are rounded to the nearest RM.
The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis. The Company had net liabilities as at 31 December 2025 and a group company has confirmed its intention to make available to the Company adequate resources to continue in operational existence for a period no less than 12 months from the date of signing the financial statements.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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HENRIETTA RUBBER ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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HENRIETTA RUBBER ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

Critical Judgements
The management is of the opinion that there are no instances of application of judgement in applying the Company's accounting policies which are expected to have a significant effect on the amounts recognised in the financial statements.
Key sources of estimation uncertainty
Management may be required to make key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period. The principal areas where estimates have been applied are as follows:
Allowance for doubtful debts
The collectability of receivable is assessed on an on-going basis. An allowance for doubtful debt is made for any receivable considered to be doubtful for collection.
The allowance for doubtful debts is made based on a review of all outstanding amounts as at the financial reporting date. A considerable amount of judgement is required in assessing the ultimate realisation of these receivables, including the creditworthiness and past collection history of each customer. If the financial condition of customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

4.	Employees
	The Company has no employees other than the Directors, who did not receive any remuneration (2024: RM NIL).

5.	Debtors: Amounts falling due within one year

					2025	2024
					RM	RM


Other receivables	18,334	19,137
	18,334	19,137

6.	Cash and cash equivalents
		2025	2024
		RM	RM

Cash at bank and in hand	6,366	1,008
	6,366	1,008

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HENRIETTA RUBBER ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		RM	RM

Amounts owed to group undertakings	616,673	516,673
Other creditors	28,402	26,750
	645,075	543,423

8.	Financial instruments
		2025	2024
		RM	RM

	Financial assets
	Financial assets measured at fair value through profit or loss	6,366	1,008

Financial assets measured at fair value through profit or loss cost comprise cash at bank.

9.	Related party transactions
	The Company utilises the exemption contained in FRS 102 section 33 not to disclose any transactions with other wholly-owned entities which are part of the ACB Resources Berhad group.

10.	Ultimate parent undertaking and controlling party

The Company is a wholly-owned subsidiary company of ACB Harta Holdings Sdn Bhd, a private limited liability company incorporated and domiciled in Malaysia.
The Directors consider ACB Resources Berhad ("ACB"), a public limited liability company incorporated and domiciled in Malaysia, as the ultimate parent undertaking of the Company. The largest and smallest group of undertakings for which group accounts are prepared are with ACB.

11.	Auditor's information

The auditor's report on the financial statements for the financial year ended 31 December 2025 was unqualified.

The audit report was signed on 15 July 2026 by Jonathan Marchant (Senior statutory auditor) on behalf of Forvis Mazars LLP.

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