Hightrack Company Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00451530

Hightrack Company Limited

Filleted Unaudited Financial Statements

31 March 2026

Hightrack Company Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Officers and professional advisers	1

Accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Hightrack Company Limited

Officers and Professional Advisers

The board of directors	Mrs E Branston
	Mr M Branston (Appointed 1 January 2026)

Registered office	17 Arnhill Road
	Gretton
	Corby
	Northamptonshire
	NN17 3DN

Accountants	A Plus Accountants Limited
	Accountants
	10 Canberra House
	Corbygate Business Park
	Corby
	Northants
	NN17 5JG

Hightrack Company Limited

Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Hightrack Company Limited

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hightrack Company Limited for the year ended 31 March 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Hightrack Company Limited, as a body, in accordance with the terms of our engagement letter dated 22 May 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Hightrack Company Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hightrack Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hightrack Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hightrack Company Limited. You consider that Hightrack Company Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Hightrack Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A Plus Accountants Limited Accountants

10 Canberra House Corbygate Business Park Corby Northants NN17 5JG

27 October 2026

Hightrack Company Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	950,389	950,432

Current assets

Debtors	6	7,954	6,786
Cash at bank and in hand		2,016	5,853
		-------	--------
		9,970	12,639

Creditors: amounts falling due within one year	7	36,552	36,649
		--------	--------
Net current liabilities		26,582	24,010
		---------	---------
Total assets less current liabilities		923,807	926,422

Creditors: amounts falling due after more than one year	8	97,728	106,782

Provisions	206,693	206,693
	---------	---------
Net assets	619,386	612,947
	---------	---------

Capital and reserves

Called up share capital		22,386	22,386
Fair value reserve	10	620,079	620,079
Profit and loss account	10	( 23,079)	( 29,518)
		---------	---------
Shareholders funds		619,386	612,947
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hightrack Company Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 27 October 2026 , and are signed on behalf of the board by:

Mrs E Branston

Director

Company registration number: 00451530

Hightrack Company Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Arnhill Road, Gretton, Corby, Northamptonshire, NN17 3DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	10% reducing balance

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 1 ).

5. Tangible assets

	Freehold property	Equipment	Total
	£	£	£
Cost or valuation
At 1 April 2025 and 31 March 2026	950,000	13,860	963,860
	---------	--------	---------
Depreciation
At 1 April 2025	–	13,428	13,428
Charge for the year	–	43	43
	---------	--------	---------
At 31 March 2026	–	13,471	13,471
	---------	--------	---------
Carrying amount
At 31 March 2026	950,000	389	950,389
	---------	--------	---------
At 31 March 2025	950,000	432	950,432
	---------	--------	---------

The director is of the opinion that there has been no material change in the value of the property during the year and has therefore not arranged for a further valuation at the year end.

6. Debtors

	2026	2025
	£	£
Trade debtors	7,954	6,786
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	8,600	9,451
Trade creditors	2,776	2,332
Accruals and deferred income	6,113	6,262
Corporation tax	1,520	1,390
Social security and other taxes	611	708
Director loan accounts	16,932	16,506
	--------	--------
	36,552	36,649
	--------	--------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	97,728	106,782
	--------	---------

9. Secured debts

The following secured debts are included within creditors:

	2026	2025
	£	£
Bank loans	106,328	116,233
	---------	---------

HSBC Bank Plc has registered a legal debenture over all the assets (present and future) of the Company in recognition of the present and future obligations outstanding.

10. Reserves

Fair Value reserve - This reserve records the value of asset revaluations and Fair Value movements on assets through the profit and loss. Profit and loss account - This reserve records retained earnings and accumulated losses.