REGISTERED NUMBER: 12404157 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 January 2026

for

HEMS INVESTMENT LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

S S Johal

Mrs T Johal

SECRETARY:

REGISTERED OFFICE:

10 Walmley Ash Road

Walmley

Sutton Coldfield

Birmingham

West Midlands

B76 1HY

REGISTERED NUMBER:

12404157 (England and Wales)

ACCOUNTANTS:

Skeh Accountants Limited

61

Caroline Street

The Jewellery Quarter

Birmingham

West Midlands

B3 1UF

The directors present their report with the financial statements of the company for the year ended 31 January 2026.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 February 2025 to the date of this report.

S S Johal

Mrs T Johal

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S S Johal - Director

9 July 2026

TURNOVER

41,720

39,028

Cost of sales

3,678

385

GROSS PROFIT

38,042

38,643

Administrative expenses

25,142

30,657

OPERATING PROFIT

12,900

7,986

Interest payable and similar expenses

14,406

15,490

LOSS BEFORE TAXATION

(1,506

)

(7,504

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(1,506

)

(7,504

)

FIXED ASSETS

Tangible assets

5

424,000

424,000

CURRENT ASSETS

Cash at bank

22,535

24,041

CREDITORS

Amounts falling due within one year

6

1,080

373,199

NET CURRENT ASSETS/(LIABILITIES)

21,455

(349,158

)

TOTAL ASSETS LESS CURRENT LIABILITIES

445,455

74,842

CREDITORS

Amounts falling due after more than one year

7

459,631

87,512

NET LIABILITIES

(14,176

)

(12,670

)

RESERVES

Retained earnings

(14,176

)

(12,670

)

(14,176

)

(12,670

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

S S Johal - Director

1.	RECLASSIFICATION OF ITEM

During the financial year, it was identified that a long-term liability had been incorrectly classified within short-tern creditors in the prior period.

Specifically, an amount of £372,118.94 relating to a long-term liability has been retrospectively reclassified from short-term creditors to long-term creditors to reflect its proper legal terms.

This correction has been applied by restating the comparative figures for the prior period. The effect of this retrospective adjustment on the comparative balance sheet line items is set out below:

Balance Sheet Line Item As Previously Reported (£) Adjustment(£) As Restated(£)

Creditors: amounts falling within one year 372,118.94 (372,118.94) 0.00

Creditors: amounts falling due after more than one year 0.00 372,118.94 372,118.94

Net Current Assets /(Liabilities) 0.00 372,118.94 372,118.94

Total Net Assets [No Change] 0.00 [No Change]

This reclassification has no impact on the profit or loss reported in the prior period, nor does it alter the opening equity or total net assets of the company.

2.	STATUTORY INFORMATION

HEMS INVESTMENT LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 February 2025

and 31 January 2026

424,000

NET BOOK VALUE

At 31 January 2026

424,000

At 31 January 2025

424,000

Cost or valuation at 31 January 2026 is represented by:

Land and

buildings

£

Valuation in 2023

355,000

Valuation in 2024

69,000

424,000

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

424,000

424,000

CLIENT SCREEN TOTAL

=

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts (see note 8)

-

372,119

Trade creditors

1,080

1,080

1,080

373,199

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

£

Amounts falling due within one year or on demand:

Bank loans Interest only

-

372,119

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

372,119

-

9.	RELATED PARTY DISCLOSURES

The company is under common control with BeFlow Consultancy Limited by virtue of shared directors and controlling shareholders. There were no transactions or outstanding balances between the two companies during the current or preceding financial year.