Harper and Co Estate Agents Ltd 13068131 false 2020-12-07 2021-12-31 2021-12-31 The principal activity of the company is real estate agencies Digita Accounts Production Advanced 6.30.9574.0 true 13068131 2020-12-07 2021-12-31 13068131 2021-12-31 13068131 core:CurrentFinancialInstruments 2021-12-31 13068131 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 13068131 core:FurnitureFittingsToolsEquipment 2021-12-31 13068131 bus:SmallEntities 2020-12-07 2021-12-31 13068131 bus:AuditExemptWithAccountantsReport 2020-12-07 2021-12-31 13068131 bus:FullAccounts 2020-12-07 2021-12-31 13068131 bus:SmallCompaniesRegimeForAccounts 2020-12-07 2021-12-31 13068131 bus:RegisteredOffice 2020-12-07 2021-12-31 13068131 bus:Director1 2020-12-07 2021-12-31 13068131 bus:PrivateLimitedCompanyLtd 2020-12-07 2021-12-31 13068131 bus:Agent1 2020-12-07 2021-12-31 13068131 core:FurnitureFittingsToolsEquipment 2020-12-07 2021-12-31 13068131 core:OfficeEquipment 2020-12-07 2021-12-31 13068131 countries:EnglandWales 2020-12-07 2021-12-31 iso4217:GBP xbrli:pure

Registration number: 13068131

Harper and Co Estate Agents Ltd

Annual Report and Unaudited Financial Statements

for the Period from 7 December 2020 to 31 December 2021

 

Harper and Co Estate Agents Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 8

 

Harper and Co Estate Agents Ltd

Company Information

Director

Mrs Emma Kelly

Registered office

c/o HMB Accountants Limited
18a Manor Way
Belasis Hall Technology Park
Billingham
Durham
TS23 4HN

Accountants

HMB Accountants Limited
18a Manor Way
Belasis Hall Technology Park
Billingham
TS23 4HN

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Harper and Co Estate Agents Ltd
for the Period Ended 31 December 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Harper and Co Estate Agents Ltd for the period ended 31 December 2021 as set out on pages 3 to 8 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Harper and Co Estate Agents Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Harper and Co Estate Agents Ltd and state those matters that we have agreed to state to the Board of Directors of Harper and Co Estate Agents Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Harper and Co Estate Agents Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Harper and Co Estate Agents Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Harper and Co Estate Agents Ltd. You consider that Harper and Co Estate Agents Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Harper and Co Estate Agents Ltd. 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 accounts.

......................................

HMB Accountants Limited
18a Manor Way
Belasis Hall Technology Park
Billingham
TS23 4HN

4 September 2022

 

Harper and Co Estate Agents Ltd

(Registration number: 13068131)
Balance Sheet as at 31 December 2021

Note

2021
£

Fixed assets

 

Tangible assets

4

604

Current assets

 

Debtors

5

299

Cash at bank and in hand

 

6,105

 

6,404

Creditors: Amounts falling due within one year

6

(24,928)

Net current liabilities

 

(18,524)

Net liabilities

 

(17,920)

Capital and reserves

 

Called up share capital

7

100

Retained earnings

(18,020)

Shareholders' deficit

 

(17,920)

For the financial period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 4 September 2022
 

.........................................
Mrs Emma Kelly
Director

 

Harper and Co Estate Agents Ltd

Notes to the Unaudited Financial Statements for the Period from 7 December 2020 to 31 December 2021

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o HMB Accountants Limited
18a Manor Way
Belasis Hall Technology Park
Billingham
Durham
TS23 4HN
England

These financial statements were authorised for issue by the director on 4 September 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Harper and Co Estate Agents Ltd

Notes to the Unaudited Financial Statements for the Period from 7 December 2020 to 31 December 2021

Asset class

Depreciation method and rate

Office equipment

33.33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 3.

 

Harper and Co Estate Agents Ltd

Notes to the Unaudited Financial Statements for the Period from 7 December 2020 to 31 December 2021

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

901

901

At 31 December 2021

901

901

Depreciation

Charge for the period

297

297

At 31 December 2021

297

297

Carrying amount

At 31 December 2021

604

604

5

Debtors

Current

2021
£

Prepayments

299

6

Creditors

Creditors: amounts falling due within one year

2021
£

Due within one year

Taxation and social security

929

Other creditors

23,999

24,928

7

Share capital

Allotted, called up and fully paid shares

 

2021

 

No.

£

Ordinary shares of £1 each

100

100

     
 

Harper and Co Estate Agents Ltd

Notes to the Unaudited Financial Statements for the Period from 7 December 2020 to 31 December 2021

8

Related party transactions

 

Harper and Co Estate Agents Ltd

Notes to the Unaudited Financial Statements for the Period from 7 December 2020 to 31 December 2021

Director's remuneration

The director's remuneration for the period was as follows:

2021
£

Remuneration

7,332