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REGISTERED NUMBER: 07670968 (England and Wales)















Report of the Directors and

Unaudited Financial Statements

For The Year Ended 31 March 2023

for

HARVEST REAL ESTATE LIMITED

HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


HARVEST REAL ESTATE LIMITED

Company Information
For The Year Ended 31 March 2023







DIRECTORS: C M Heidl
O Barret
P J F Breach
G D Wellbelove





SECRETARY: G T Andrews





REGISTERED OFFICE: 81 Elizabeth Street
London
SW1W 9PG





REGISTERED NUMBER: 07670968 (England and Wales)





ACCOUNTANTS: LBCo Ltd
T/A Lees-Buckley & Co
16 Northfields Prospect
Putney Bridge Road
London
SW18 1PE

HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)

Report of the Directors
For The Year Ended 31 March 2023

The directors present their report with the financial statements of the company for the year ended 31 March 2023.

PRINCIPAL ACTIVITY
The company's principal activity during the year was the management of its freehold property at 115 Ebury Street, London SW1.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2022 to the date of this report.

C M Heidl
O Barret
P J F Breach
G D Wellbelove

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

BY ORDER OF THE BOARD:





G T Andrews - Secretary


7 March 2024

HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)

Income Statement
For The Year Ended 31 March 2023

31.3.23 31.3.22
Notes £    £   

REVENUE - -

Administrative expenses (1,282 ) (1,217 )
(1,282 ) (1,217 )

Other operating income 3 1,282 1,217
OPERATING SURPLUS and
SURPLUS BEFORE TAXATION - -

Tax on surplus - -
SURPLUS FOR THE FINANCIAL YEAR - -

HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 100 100

CURRENT ASSETS
Debtors 6 13,034 10,661

CREDITORS
Amounts falling due within one year 7 13,034 10,661
NET CURRENT LIABILITIES - -
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CREDITORS
Amounts falling due after more than one
year

8

100

100
NET LIABILITIES - -


RESERVES - -

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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





C M Heidl - Director


HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Harvest Real Estate Limited is a private company, limited by guarantee , 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.

Service Charge Balances
The company is trustee for the service charge of its freehold property and related expenditure is commissioned in its own (company) name. Accordingly, and whilst service charge income and expenditure have been excluded from the Profit and Loss Account, related assets and liabilities are recorded in the Balance Sheet with movement therein shown in notes to the financial statements.

3. OTHER OPERATING INCOME

During the year the company received contributions from the lessees of 115 Ebury Street, London SW1 in respect of its administrative expenses, and the management of the property. The movement of those funds during the year was as follows;

31.03.2331.03.22
£££

Contributions Receivable From Lessees:
Service Charge Demands24,29722,217
Excess Service Charge Charged1,4510
25,74822,217
Expenditure:
Service Charge Expenditure21,18618,186

Contribution To Administrative Expenses Of Harvest Real Estate Limited 1,2821,217
22,46819,403
3,2802,814


Funds Due From Lessees 31st March 2022(1,451)(4,265)
Funds Due To/(From) Lessees 31st March 20231,829(1,451)

4. EMPLOYEES AND DIRECTORS

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

HARVEST REAL ESTATE LIMITED (REGISTERED NUMBER: 07670968)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 100
NET BOOK VALUE
At 31 March 2023 100
At 31 March 2022 100

The company owns the freehold of 115 Ebury Street, London SW1 subject to the provision of long leases. In the opinion of the directors at 31st March 2023 there was no material difference between the book and fair value of the property.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Lessee arrears 7,343 622
Prepayments 412 55
Funds held by managing agents 5,279 8,533
Excess service charge due
(Note 3) - 1,451
13,034 10,661

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 64 106
Advance service charge demands 9,425 8,900
Other creditors 266 266
Service charge surplus
(Note 3) 1,829 -
Accrued expenses 1,450 1,389
13,034 10,661

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Members' loans to fund
freehold purchase 100 100
100 100

9. SHARE CAPITAL

The company is limited by guarantee, and consequently has no share capital.

The liability of each member is limited to the sum of £1 in the event that the company is wound up.