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REGISTERED NUMBER: 04153722 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

HARROWBROOK MANAGEMENT SERVICES LTD

HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARROWBROOK MANAGEMENT SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Ms J E Barnes
J P Barnes





REGISTERED OFFICE: 25 Station Road
Hinckley
Leicestershire
LE10 1AP





REGISTERED NUMBER: 04153722 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1&2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,378 2,459
Investment property 5 1,900,000 1,900,000
1,907,378 1,902,459

CURRENT ASSETS
Debtors 6 15,208 39,711
Cash at bank 378,654 521,058
393,862 560,769
CREDITORS
Amounts falling due within one year 7 458,522 535,702
NET CURRENT (LIABILITIES)/ASSETS (64,660 ) 25,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,842,718

1,927,526

PROVISIONS FOR LIABILITIES 374 546
NET ASSETS 1,842,344 1,926,980

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,842,244 1,926,880
SHAREHOLDERS' FUNDS 1,842,344 1,926,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:





Ms J E Barnes - Director


HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Harrowbrook Management Services Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

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 year 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 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 3 (2022 - 3 ) .

HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 5,281
Additions 8,109
At 31 March 2023 13,390
DEPRECIATION
At 1 April 2022 2,822
Charge for year 3,190
At 31 March 2023 6,012
NET BOOK VALUE
At 31 March 2023 7,378
At 31 March 2022 2,459

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 1,900,000
NET BOOK VALUE
At 31 March 2023 1,900,000
At 31 March 2022 1,900,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,000 32,100
Other debtors 208 7,611
15,208 39,711

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 598 284
Amounts owed to group undertakings 427,166 445,425
Taxation and social security 24,006 28,331
Other creditors 6,752 61,662
458,522 535,702

HARROWBROOK MANAGEMENT SERVICES LTD (REGISTERED NUMBER: 04153722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2022 1,926,880
Profit for the year 84,614
Dividends (169,250 )
At 31 March 2023 1,842,244

10. ULTIMATE CONTROLLING PARTY

The controlling party is Harrowbrook Holdings Ltd.

The ultimate controlling party is Ms J E Barnes.