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REGISTERED NUMBER: 01145343 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2021

FOR

HARPUR DEVELOPMENTS LIMITED

HARPUR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01145343)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARPUR DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2021







DIRECTORS: JC Harmon
G Houghton





REGISTERED OFFICE: Higham Road Trading Estate
Higham Road
Burton Latimer
Northamptonshire
NN15 5PU





REGISTERED NUMBER: 01145343 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

HARPUR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01145343)

BALANCE SHEET
31ST DECEMBER 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Stocks 2,542,882 2,070,000
Debtors 4 30,000 -
Cash at bank 7,529 37,607
2,580,411 2,107,607
CREDITORS
Amounts falling due within one year 5 472,908 26
NET CURRENT ASSETS 2,107,503 2,107,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,107,503

2,107,581

PROVISIONS FOR LIABILITIES 296,353 296,353
NET ASSETS 1,811,150 1,811,228

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 1,558,486 1,558,486
Retained earnings 252,564 252,642
SHAREHOLDERS' FUNDS 1,811,150 1,811,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 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.

HARPUR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01145343)

BALANCE SHEET - continued
31ST DECEMBER 2021


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 12th August 2022 and were signed on its behalf by:





JC Harmon - Director


HARPUR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01145343)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021


1. STATUTORY INFORMATION

Harpur Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 (March 2018). "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 (March 2018) 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks
During the year, the investment property was transferred at its fair value to trading stock. On transfer the revaluation reserve was reclassified as a fair value reserve.

Financial instruments
The company is party to only the basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 1 ) .

HARPUR DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01145343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2021


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 30,000 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 472,882 -
Amounts owed to group undertakings 26 26
472,908 26

6. RESERVES
Fair
value
reserve
£   
At 1st January 2021
and 31st December 2021 1,558,486