IRIS Accounts Production v23.3.0.418 11770333 director 1.2.21 30.1.22 30.1.22 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117703332021-01-31117703332022-01-30117703332021-02-012022-01-30117703332020-01-31117703332020-02-012021-01-31117703332021-01-3111770333ns10:Originalns15:EnglandWales2021-02-012022-01-3011770333ns14:PoundSterlingns10:Original2021-02-012022-01-3011770333ns10:Originalns10:Director12021-02-012022-01-3011770333ns10:Original2021-02-012022-01-3011770333ns10:Original2022-01-3011770333ns10:Originalns10:PrivateLimitedCompanyLtd2021-02-012022-01-3011770333ns10:Originalns10:SmallEntities2021-02-012022-01-3011770333ns10:Originalns10:AuditExemptWithAccountantsReport2021-02-012022-01-3011770333ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-02-012022-01-3011770333ns10:SmallCompaniesRegimeForAccountsns10:Original2021-02-012022-01-3011770333ns10:Originalns10:FullAccounts2021-02-012022-01-3011770333ns10:Original2020-02-012021-01-3111770333ns10:Originalns10:RegisteredOffice2021-02-012022-01-3011770333ns10:Original2021-01-3111770333ns10:Originalns5:CurrentFinancialInstruments2022-01-3011770333ns10:Originalns5:CurrentFinancialInstruments2021-01-3111770333ns10:Originalns5:Non-currentFinancialInstruments2022-01-3011770333ns10:Originalns5:Non-currentFinancialInstruments2021-01-3111770333ns5:ShareCapitalns10:Original2022-01-3011770333ns5:ShareCapitalns10:Original2021-01-3111770333ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-01-3011770333ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2021-01-3111770333ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3011770333ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-01-3111770333ns10:Originalns5:FurnitureFittings2021-02-012022-01-3011770333ns10:Originalns5:FurnitureFittings2021-01-3111770333ns10:Originalns5:FurnitureFittings2022-01-3011770333ns10:Originalns5:FurnitureFittings2021-01-3111770333ns10:Original2021-01-3111770333ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3011770333ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-01-3111770333ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-01-3011770333ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2021-01-3111770333ns5:Securedns10:Original2022-01-3011770333ns5:Securedns10:Original2021-01-3111770333ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2021-01-31
REGISTERED NUMBER: 11770333 (England and Wales)










Unaudited Financial Statements

for the Period 1 February 2021 to 30 January 2022

for

Harvey PSG Holdings Ltd

Harvey PSG Holdings Ltd (Registered number: 11770333)






Contents of the Financial Statements
for the Period 1 February 2021 to 30 January 2022




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Harvey PSG Holdings Ltd

Company Information
for the Period 1 February 2021 to 30 January 2022







DIRECTOR: M Harvey





REGISTERED OFFICE: Charter House
Wyvern Court, Stanier Way
Wyvern Business Park
Derby
Derbyshire
DE21 6BF





REGISTERED NUMBER: 11770333 (England and Wales)





ACCOUNTANTS: M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Harvey PSG Holdings Ltd

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Harvey PSG Holdings Ltd for the period ended 30 January 2022 which comprise the Income Statement, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Harvey PSG Holdings Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Harvey PSG Holdings Ltd and state those matters that we have agreed to state to the director of Harvey PSG Holdings Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Harvey PSG Holdings Ltd and its director for our work or for this report.

It is your duty to ensure that Harvey PSG Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Harvey PSG Holdings Ltd. You consider that Harvey PSG Holdings 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 financial statements of Harvey PSG Holdings 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 financial statements.






M. J. Shapcott & Co. Limited
Chartered Accountants
Charter House, Wyvern Court
Stanier Way
Derby
DE21 6BF


18 October 2023

Harvey PSG Holdings Ltd (Registered number: 11770333)

Statement of Financial Position
30 January 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,134 5,193
Investment property 5 460,000 460,000
464,134 465,193

CURRENT ASSETS
Debtors 6 54,308 -
Prepayments and accrued income 74 163
Cash at bank 6,111 209,761
60,493 209,924
CREDITORS
Amounts falling due within one year 7 9,910 147,882
NET CURRENT ASSETS 50,583 62,042
TOTAL ASSETS LESS CURRENT LIABILITIES 514,717 527,235

CREDITORS
Amounts falling due after more than one year 8 (391,784 ) (397,588 )

PROVISIONS FOR LIABILITIES (32,239 ) (35,442 )

ACCRUALS AND DEFERRED INCOME (1,274 ) (37 )
NET ASSETS 89,420 94,168

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 10 154,299 151,096
Retained earnings (64,880 ) (56,929 )
89,420 94,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 January 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 18 October 2023 and were signed by:



M Harvey - Director


Harvey PSG Holdings Ltd (Registered number: 11770333)

Notes to the Financial Statements
for the Period 1 February 2021 to 30 January 2022

1. STATUTORY INFORMATION

Harvey PSG Holdings 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income arising from operating leases on investment properties is accounted for on a straight line basis over the lease term.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

Harvey PSG Holdings Ltd (Registered number: 11770333)

Notes to the Financial Statements - continued
for the Period 1 February 2021 to 30 January 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2021
and 30 January 2022 6,062
DEPRECIATION
At 1 February 2021 869
Charge for period 1,059
At 30 January 2022 1,928
NET BOOK VALUE
At 30 January 2022 4,134
At 31 January 2021 5,193

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2021
and 30 January 2022 460,000
NET BOOK VALUE
At 30 January 2022 460,000
At 31 January 2021 460,000

Fair value at 30 January 2022 is represented by:
£   
Valuation in 2021 186,539
Cost 273,461
460,000

If investment property had not been revalued it would have been included at the following historical cost:

2022 2021
£    £   
Cost 273,461 -
Aggregate depreciation (5,469 ) -

Investment property was valued on an open market basis on 30 January 2022 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 54,308 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,358 -
Other creditors 4,552 147,882
9,910 147,882

Harvey PSG Holdings Ltd (Registered number: 11770333)

Notes to the Financial Statements - continued
for the Period 1 February 2021 to 30 January 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 391,784 397,588

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 368,963 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 397,142 -

The directors have provided a personal guarantee over the mortgage held by the company.

10. RESERVES
Fair
value
reserve
£   
At 1 February 2021 151,096
Transfers 3,203

At 30 January 2022 154,299