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REGISTERED NUMBER: 08389482 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Ian Harbidge Limited

Ian Harbidge Limited (Registered number: 08389482)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ian Harbidge Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: I A J Harbidge
Mrs A L Harbidge





REGISTERED OFFICE: 36a Market Street
New Mills
New Mills
High Peak
SK22 4AA





REGISTERED NUMBER: 08389482 (England and Wales)





ACCOUNTANTS: DLA Chartered Accountants
36A Market Street
New Mills
High Peak
SK22 4AA

Ian Harbidge Limited (Registered number: 08389482)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45 67
Investment property 5 590,000 341,398
590,045 341,465

CURRENT ASSETS
Cash at bank 30,237 39,047

CREDITORS
Amounts falling due within one year 6 63,193 67,083
NET CURRENT LIABILITIES (32,956 ) (28,036 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

557,089

313,429

PROVISIONS FOR LIABILITIES 47,243 13
NET ASSETS 509,846 313,416

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 7 201,368 -
Retained earnings 307,478 312,416
509,846 313,416

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.

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 22 June 2023 and were signed on its behalf by:





I A J Harbidge - Director


Ian Harbidge Limited (Registered number: 08389482)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Ian Harbidge 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Ian Harbidge Limited (Registered number: 08389482)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 1,009
DEPRECIATION
At 1 April 2022 942
Charge for year 22
At 31 March 2023 964
NET BOOK VALUE
At 31 March 2023 45
At 31 March 2022 67

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 341,398
Revaluations 248,602
At 31 March 2023 590,000
NET BOOK VALUE
At 31 March 2023 590,000
At 31 March 2022 341,398

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2023 590,000

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

31.3.23 31.3.22
£    £   
Cost 341,398 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax 490 2,970
Other creditors 2,245 2,100
The ACHAH Group Limited 8,400 8,400
Directors' current accounts 50,809 52,363
Accrued expenses 1,249 1,250
63,193 67,083

Ian Harbidge Limited (Registered number: 08389482)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. RESERVES
Fair
value
reserve
£   
Fair value adjustment 201,368

At 31 March 2023 201,368