Company Registration No. 09834746 (England and Wales)
High 49 Limited
Abbreviated unaudited accounts
for the period from 21 October 2015 to 31 October 2016
High 49 Limited
Abbreviated Balance Sheet
as at 31 October 2016
Creditors: amounts falling due within one year
(228,274)
Net current liabilities
(228,274)
Total assets less current liabilities
476,943
Creditors: amounts falling due after more than one year
(462,820)
Profit and loss account
14,122
Total shareholders' funds
14,123
For the period ending 31 October 2016 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 12 July 2017
Yisroel Kohn
Director
Company Registration No. 09834746
High 49 Limited
Notes to the Abbreviated Accounts
for the period from 21 October 2015 to 31 October 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or amortisation is provided in respect of freehold investment properties nor on leasehold investment properties having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act 2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy results in the financial statements giving true and fair view.
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.
At 31 October 2016
705,217
At 31 October 2016
705,217
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
