0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,019 1,902 29 1,931 88 117 340,000 340,000 340,000 xbrli:pure xbrli:shares iso4217:GBP 01045488 2022-07-01 2023-06-30 01045488 2023-06-30 01045488 2022-06-30 01045488 2021-07-01 2022-06-30 01045488 2022-06-30 01045488 2021-06-30 01045488 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 01045488 bus:Director1 2022-07-01 2023-06-30 01045488 core:WithinOneYear 2023-06-30 01045488 core:WithinOneYear 2022-06-30 01045488 core:ShareCapital 2023-06-30 01045488 core:ShareCapital 2022-06-30 01045488 core:RetainedEarningsAccumulatedLosses 2023-06-30 01045488 core:RetainedEarningsAccumulatedLosses 2022-06-30 01045488 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 01045488 core:Non-currentFinancialInstruments 2023-06-30 01045488 core:Non-currentFinancialInstruments 2022-06-30 01045488 bus:SmallEntities 2022-07-01 2023-06-30 01045488 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 01045488 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 01045488 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 01045488 bus:FullAccounts 2022-07-01 2023-06-30 01045488 bus:OrdinaryShareClass1 2023-06-30 01045488 bus:OrdinaryShareClass1 2022-06-30 01045488 core:OfficeEquipment 2022-07-01 2023-06-30 01045488 core:OfficeEquipment 2023-06-30 01045488 core:OfficeEquipment 2022-06-30
COMPANY REGISTRATION NUMBER: 01045488
Harrion Holdings Limited
Filleted Unaudited Financial Statements
30 June 2023
Harrion Holdings Limited
Financial Statements
Year ended 30 June 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Harrion Holdings Limited
Statement of Financial Position
30 June 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
4
88
117
Investments
5
340,000
340,000
---------
---------
340,088
340,117
Current assets
Debtors
6
2,658,749
3,831,878
Cash at bank and in hand
2,248,362
426,706
------------
------------
4,907,111
4,258,584
Creditors: amounts falling due within one year
7
1,303,209
1,252,805
------------
------------
Net current assets
3,603,902
3,005,779
------------
------------
Total assets less current liabilities
3,943,990
3,345,896
Provisions
Taxation including deferred tax
17
22
------------
------------
Net assets
3,943,973
3,345,874
------------
------------
Harrion Holdings Limited
Statement of Financial Position (continued)
30 June 2023
2023
2022
Note
£
£
£
£
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
3,943,873
3,345,774
------------
------------
Shareholders funds
3,943,973
3,345,874
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 8 March 2024 , and are signed on behalf of the board by:
K Harris Director
Company registration number: 01045488
Harrion Holdings Limited
Notes to the Financial Statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Church Green East, Redditch, Worcestershire, B98 8BT. The place of business is 35 Moreland Drive, Gerrards Cross, Buckinghamshire, SL9 8BD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Investments are included at cost. Provision is made for any permanent diminution in value.
Revenue recognition
The turnover shown in the profit and loss account represents the fair value of services provided and is recognised by the value of the service provided and sales to that date based on the total expected consideration.
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets
Equipment
Total
£
£
Cost
At 1 July 2022 and 30 June 2023
2,019
2,019
-------
-------
Depreciation
At 1 July 2022
1,902
1,902
Charge for the year
29
29
-------
-------
At 30 June 2023
1,931
1,931
-------
-------
Carrying amount
At 30 June 2023
88
88
-------
-------
At 30 June 2022
117
117
-------
-------
5. Investments
Other investments other than loans
£
Cost
At 1 July 2022 and 30 June 2023
340,000
---------
Impairment
At 1 July 2022 and 30 June 2023
---------
Carrying amount
At 30 June 2023
340,000
---------
At 30 June 2022
340,000
---------
6. Debtors
2023
2022
£
£
Trade debtors
336,000
Other debtors
2,658,749
3,495,878
------------
------------
2,658,749
3,831,878
------------
------------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
788
5,137
Social security and other taxes
269,545
158,404
Other creditors
1,032,876
1,089,264
------------
------------
1,303,209
1,252,805
------------
------------
8. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----