1 July 2022 false No description of principal activity Taxfiler 2023.14 12005041business:PrivateLimitedCompanyLtd2022-07-012023-06-30 120050412022-06-30 120050412022-07-012023-06-30 12005041business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 12005041business:FilletedAccounts2022-07-012023-06-30 120050412023-06-30 12005041business:Director12022-07-012023-06-30 12005041business:RegisteredOffice2022-07-012023-06-30 120050412022-06-30 12005041core:WithinOneYear2023-06-30 12005041core:WithinOneYear2022-06-30 12005041core:AfterOneYear2023-06-30 12005041core:AfterOneYear2022-06-30 12005041core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12005041core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 12005041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12005041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12005041core:PreviouslyStatedAmount2023-06-30 12005041core:PreviouslyStatedAmount2022-06-30 12005041business:SmallEntities2022-07-012023-06-30 12005041countries:EnglandWales2022-07-012023-06-30 12005041core:FurnitureFittings2022-07-012023-06-30 12005041core:ComputerEquipment2022-07-012023-06-30 12005041core:Goodwill2022-06-30 12005041core:Goodwill2023-06-30 12005041core:FurnitureFittings2022-06-30 12005041core:ComputerEquipment2022-06-30 12005041core:FurnitureFittings2023-06-30 12005041core:ComputerEquipment2023-06-30 120050412021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12005041 (England and Wales)
HARP80 LTD Unaudited accounts for the year ended 30 June 2023
HARP80 LTD Unaudited accounts Contents
Page
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HARP80 LTD Company Information for the year ended 30 June 2023
Director
Rajan Ishverlal Panchal
Company Number
12005041 (England and Wales)
Registered Office
Unit D & E 22-24 Dryden Street Leicester, LE1 3QE England
Accountants
Taxsolvers 108 Belgrave Gate Leicester Leicestershire LE1 3GR
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HARP80 LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2 
2 
Tangible assets
19,574 
22,118 
19,576 
22,120 
Current assets
Inventories
45,000 
47,500 
Debtors
19,300 
9,132 
Cash at bank and in hand
27,278 
35,572 
91,578 
92,204 
Creditors: amounts falling due within one year
(170,354)
(157,977)
Net current liabilities
(78,776)
(65,773)
Total assets less current liabilities
(59,200)
(43,653)
Creditors: amounts falling due after more than one year
(14,663)
(17,305)
Net liabilities
(73,863)
(60,958)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(73,864)
(60,959)
Shareholders' funds
(73,863)
(60,958)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 March 2024 and were signed on its behalf by
Rajan Ishverlal Panchal Director Company Registration No. 12005041
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HARP80 LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
HARP80 LTD is a private company, limited by shares, registered in England and Wales, registration number 12005041. The registered office is Unit D & E 22-24, Dryden Street, Leicester, , LE1 3QE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
12.5% SLM
Computer equipment
33.33% SLM
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
2 
At 30 June 2023
2 
Amortisation
At 1 July 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
2 
At 30 June 2022
2 
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HARP80 LTD Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
35,323 
- 
35,323 
Additions
- 
332 
332 
At 30 June 2023
35,323 
332 
35,655 
Depreciation
At 1 July 2022
13,205 
- 
13,205 
Charge for the year
2,765 
111 
2,876 
At 30 June 2023
15,970 
111 
16,081 
Net book value
At 30 June 2023
19,353 
221 
19,574 
At 30 June 2022
22,118 
- 
22,118 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,146 
3,038 
Accrued income and prepayments
9,154 
6,094 
19,300 
9,132 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
499 
768 
Trade creditors
35,202 
32,574 
Other creditors
58,485 
58,485 
Loans from directors
73,857 
62,589 
Accruals
2,311 
3,561 
170,354 
157,977 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,663 
17,305 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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