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REGISTERED NUMBER: 12393303 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

HARLOW QUALITY LTD

HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

HARLOW QUALITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: J P Harlow
Mrs H L Harlow





REGISTERED OFFICE: Sedgefield House Lower Road
Staple
Canterbury
CT3 1LH





REGISTERED NUMBER: 12393303 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,466 29,075

CURRENT ASSETS
Debtors 5 7,489 5,103
Cash at bank 21,758 21,995
29,247 27,098
CREDITORS
Amounts falling due within one year 6 13,773 7,820
NET CURRENT ASSETS 15,474 19,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,940

48,353

CREDITORS
Amounts falling due after more than one
year

7

(18,017

)

(21,122

)

PROVISIONS FOR LIABILITIES 8 (4,459 ) -
NET ASSETS 16,464 27,231

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,364 27,131
16,464 27,231

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

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

HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)

BALANCE SHEET - continued
31 JANUARY 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 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 16 October 2023 and were signed on its behalf by:





Mrs H L Harlow - Director


HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)

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

1. STATUTORY INFORMATION

Harlow Quality 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.

Turnover
Turnover represents net invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 (2022 - 2 ) .

HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 37,800 - 37,800
Additions - 1,899 1,899
At 31 January 2023 37,800 1,899 39,699
DEPRECIATION
At 1 February 2022 8,725 - 8,725
Charge for year 7,269 239 7,508
At 31 January 2023 15,994 239 16,233
NET BOOK VALUE
At 31 January 2023 21,806 1,660 23,466
At 31 January 2022 29,075 - 29,075

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,018 2,130
Prepayments and accrued income 5,471 2,973
7,489 5,103

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,105 3,105
Trade creditors 2,687 215
Tax 7,488 487
Social security and other taxes (598 ) 343
Directors' current accounts 197 2,890
Accrued expenses 894 780
13,773 7,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 18,017 21,122

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 4,459 -

HARLOW QUALITY LTD (REGISTERED NUMBER: 12393303)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 4,459
Balance at 31 January 2023 4,459

HARLOW QUALITY LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
HARLOW QUALITY LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on pages one to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY


Date: .............................................