Holland Harvey Limited 08236383 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is architectural design. Digita Accounts Production Advanced 6.30.9574.0 true 08236383 2022-04-01 2023-03-31 08236383 2023-03-31 08236383 bus:Director1 1 2023-03-31 08236383 bus:Director2 1 2023-03-31 08236383 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-03-31 08236383 bus:OrdinaryShareClass2 bus:CumulativeShares 2023-03-31 08236383 bus:OrdinaryShareClass3 bus:CumulativeShares 2023-03-31 08236383 bus:OrdinaryShareClass4 bus:CumulativeShares 2023-03-31 08236383 bus:OrdinaryShareClass5 bus:CumulativeShares 2023-03-31 08236383 core:CurrentFinancialInstruments 2023-03-31 08236383 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 08236383 core:FurnitureFittingsToolsEquipment 2023-03-31 08236383 bus:SmallEntities 2022-04-01 2023-03-31 08236383 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 08236383 bus:FullAccounts 2022-04-01 2023-03-31 08236383 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 08236383 bus:RegisteredOffice 2022-04-01 2023-03-31 08236383 bus:Director1 2022-04-01 2023-03-31 08236383 bus:Director1 1 2022-04-01 2023-03-31 08236383 bus:Director2 2022-04-01 2023-03-31 08236383 bus:Director2 1 2022-04-01 2023-03-31 08236383 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-04-01 2023-03-31 08236383 bus:OrdinaryShareClass2 bus:CumulativeShares 2022-04-01 2023-03-31 08236383 bus:OrdinaryShareClass3 bus:CumulativeShares 2022-04-01 2023-03-31 08236383 bus:OrdinaryShareClass4 bus:CumulativeShares 2022-04-01 2023-03-31 08236383 bus:OrdinaryShareClass5 bus:CumulativeShares 2022-04-01 2023-03-31 08236383 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08236383 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 08236383 core:OfficeEquipment 2022-04-01 2023-03-31 08236383 core:PlantMachinery 2022-04-01 2023-03-31 08236383 countries:England 2022-04-01 2023-03-31 08236383 2022-03-31 08236383 bus:Director1 1 2022-03-31 08236383 bus:Director2 1 2022-03-31 08236383 core:FurnitureFittingsToolsEquipment 2022-03-31 08236383 2021-04-01 2022-03-31 08236383 2022-03-31 08236383 bus:Director1 1 2022-03-31 08236383 bus:Director2 1 2022-03-31 08236383 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-03-31 08236383 bus:OrdinaryShareClass2 bus:CumulativeShares 2022-03-31 08236383 bus:OrdinaryShareClass3 bus:CumulativeShares 2022-03-31 08236383 bus:OrdinaryShareClass4 bus:CumulativeShares 2022-03-31 08236383 bus:OrdinaryShareClass5 bus:CumulativeShares 2022-03-31 08236383 core:CurrentFinancialInstruments 2022-03-31 08236383 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 08236383 core:FurnitureFittingsToolsEquipment 2022-03-31 08236383 bus:Director1 1 2021-04-01 2022-03-31 08236383 bus:Director2 1 2021-04-01 2022-03-31 08236383 bus:OrdinaryShareClass2 bus:CumulativeShares 2021-04-01 2022-03-31 08236383 bus:OrdinaryShareClass3 bus:CumulativeShares 2021-04-01 2022-03-31 08236383 bus:OrdinaryShareClass4 bus:CumulativeShares 2021-04-01 2022-03-31 08236383 bus:OrdinaryShareClass5 bus:CumulativeShares 2021-04-01 2022-03-31 08236383 bus:Director1 1 2021-03-31 08236383 bus:Director2 1 2021-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08236383

Holland Harvey Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Holland Harvey Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Holland Harvey Limited

Company Information

Directors

Mr Jonathan Peter Harvey

Mr Richard William Galbraith Holland

Registered office

Unit D Green Barn
West Down Farm
Corton Denham
Sherborne
Dorset
DT9 4LG

Accountants

Hatherleigh Limited
Chartered Accountants & Business Advisers
Unit D Green Barn
West Down Farm
Corton Denham
Sherborne
Dorset
DT9 4LG

 

Holland Harvey Limited

(Registration number: 08236383)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

32,411

30,875

Current assets

 

Stocks

5

865

755

Debtors

6

344,272

283,195

Cash at bank and in hand

 

82,389

161,837

 

427,526

445,787

Creditors: Amounts falling due within one year

7

(362,716)

(289,003)

Net current assets

 

64,810

156,784

Total assets less current liabilities

 

97,221

187,659

Provisions for liabilities

(6,158)

(6,617)

Net assets

 

91,063

181,042

Capital and reserves

 

Called up share capital

8

60

60

Retained earnings

91,003

180,982

Shareholders' funds

 

91,063

181,042

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 September 2023 and signed on its behalf by:
 

 

Holland Harvey Limited

(Registration number: 08236383)
Balance Sheet as at 31 March 2023

.........................................
Mr Jonathan Peter Harvey
Director

.........................................
Mr Richard William Galbraith Holland
Director

 

Holland Harvey Limited

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

1

General information

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

The address of its registered office is:
Unit D Green Barn
West Down Farm
Corton Denham
Sherborne
Dorset
DT9 4LG

These financial statements were authorised for issue by the Board on 13 September 2023.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Holland Harvey Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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:

Asset class

Depreciation method and rate

Office equipment

25% straight line basis

Plant and machinery

25% reducing balance basis

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Holland Harvey Limited

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2022 - 21).

 

Holland Harvey Limited

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

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2022

164,438

164,438

Additions

27,525

27,525

Disposals

(8,597)

(8,597)

At 31 March 2023

183,366

183,366

Depreciation

At 1 April 2022

133,563

133,563

Charge for the year

25,989

25,989

Eliminated on disposal

(8,597)

(8,597)

At 31 March 2023

150,955

150,955

Carrying amount

At 31 March 2023

32,411

32,411

At 31 March 2022

30,875

30,875

5

Stocks

2023
£

2022
£

Other inventories

865

755

6

Debtors

Current

2023
£

2022
£

Trade debtors

265,993

229,214

Prepayments

58,556

39,313

Other debtors

19,723

14,668

 

344,272

283,195

7

Creditors

Creditors: amounts falling due within one year

 

Holland Harvey Limited

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

2023
£

2022
£

Due within one year

Trade creditors

39,116

22,393

Taxation and social security

131,400

129,525

Accruals and deferred income

1,750

1,670

Other creditors

190,450

135,415

362,716

289,003

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

20

20

20

20

Ordinary class A shares of £1 each

10

10

10

10

Ordinary class B shares of £1 each

10

10

10

10

Ordinary class C shares of £1 each

10

10

10

10

Ordinary class D shares of £1 each

10

10

10

10

 

60

60

60

60

9

Dividends

Interim dividends paid

   

2023
£

 

2022
£

Interim dividend of £8,808.40 (2022 - £4,040.00) per each Ordinary class A shares

 

88,084

 

40,400

Interim dividend of £8,808.40 (2022 - £4,040.00) per each Ordinary class B shares

 

88,084

 

40,400

Interim dividend of £Nil per each Ordinary class C shares

 

-

 

-

Interim dividend of £Nil (2022 - £781.70) per each Ordinary class D shares

 

-

 

7,817

   

176,168

 

88,617

10

Related party transactions

 

Holland Harvey Limited

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

Transactions with directors

2023

At 1 April 2022
£

Advances to director
£

Repayments by director
£

At 31 March 2023
£

Mr Jonathan Peter Harvey

The director maintains an interest free loan account with the company which is repayable on demand.

1,358

-

31,517

32,875

         
       

Mr Richard William Galbraith Holland

The director maintains an interest free loan account with the company which is repayable on demand.

1,358

(5,554)

-

(4,196)

         
       

 

2022

At 1 April 2021
£

Advances to director
£

Repayments by director
£

At 31 March 2022
£

Mr Jonathan Peter Harvey

The director maintains an interest free loan account with the company which is repayable on demand.

15,674

(15,674)

1,358

1,358

         
       

Mr Richard William Galbraith Holland

The director maintains an interest free loan account with the company which is repayable on demand.

15,729

(15,729)

1,358

1,358

         
       

 

 

Holland Harvey Limited

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

Directors' remuneration

The directors' remuneration for the year was as follows:

2023
£

2022
£

Remuneration

27,803

22,283

Contributions paid to money purchase schemes

24,000

15,000

51,803

37,283