HIJ Investments Limited - Accounts to registrar (filleted) - small 18.2

HIJ INVESTMENTS LIMITED

Unaudited Financial Statements

for the Period 30 January 2017 to 31 May 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M R Hayes

Mrs K E Hayes

Mrs S R L Insley

A D P Insley

M S Jackson

REGISTERED OFFICE:

88 Hill Village Road

Sutton Coldfield

West Midlands

B75 5BE

REGISTERED NUMBER:

10591798 (England and Wales)

ACCOUNTANTS:

Haslehursts Limited

88 Hill Village Road

Sutton Coldfield

West Midlands

B75 5BE

FIXED ASSETS

Investment property

4

650,306

CURRENT ASSETS

Cash at bank

21,484

CREDITORS

Amounts falling due within one year

5

(445,266

)

NET CURRENT LIABILITIES

(423,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

226,524

CREDITORS

Amounts falling due after more than one year

6

(212,415

)

NET ASSETS

14,109

CAPITAL AND RESERVES

Called up share capital

300

Retained earnings

13,809

SHAREHOLDERS' FUNDS

14,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2018 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 September 2018 and were signed on its behalf by:

M R Hayes - Director

1.	STATUTORY INFORMATION

HIJ Investments 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.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

650,306

At 31 May 2018

650,306

NET BOOK VALUE

At 31 May 2018

650,306

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

7,287

Taxation and social security

2,240

Other creditors

435,739

445,266

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

212,415

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

187,620

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

219,702

The bank loan is secured on the assets of the company.

8.	RELATED PARTY DISCLOSURES

During the year, loans amounting to £430,500 were received from the directors and other parties.

Interest is not charged on these loans.