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Company Registration No. 15259126 (England and Wales)
Hitpay Payments Ltd Unaudited accounts for the year ended 30 November 2025
Hitpay Payments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hitpay Payments Ltd Company Information for the year ended 30 November 2025
Director
Aditya Purshottam Haripurkar
Company Number
15259126 (England and Wales)
Registered Office
41 Luke Street London England EC2A 4DP United Kingdom
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Hitpay Payments Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
85
1,198
Cash at bank and in hand
39,501
33,853
39,586
35,051
Creditors: amounts falling due within one year
5
(112,684)
(96,844)
Net current liabilities
(73,098)
(61,793)
Net liabilities
(73,098)
(61,793)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(73,198)
(61,893)
Shareholders' funds
(73,098)
(61,793)
For the year ending 30 November 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 8 August 2026 and were signed on its behalf by
Aditya Purshottam Haripurkar Director Company Registration No. 15259126
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Hitpay Payments Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Hitpay Payments Ltd is a private company, limited by shares, registered in England and Wales, registration number 15259126. The registered office is 41 Luke Street, London, England, EC2A 4DP, United Kingdom.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
85
-
Other debtors
-
1,198
85
1,198
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
112,684
96,844
6
Transactions with related parties
At the year end, the company owed £112,684 (2024 : £96,844) to Hitpay Payment Solutions Pte Ltd. The balance is unsecured, interest-free, and repayable on demand.
7
Controlling party
The company is a wholly owned subsidiary of Hitpay Payment Solutions Pte Ltd incorporated in Singapore. The ultimate controlling party is Hitpay Payment Solutions Pte Ltd
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Hitpay Payments Ltd Notes to the Accounts for the year ended 30 November 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -