Silverfin false false 31/01/2024 01/02/2023 31/01/2024 A J Milnes 14/01/2019 28 March 2024 The principal activity of the Company during the financial year was property development. 11764063 2024-01-31 11764063 bus:Director1 2024-01-31 11764063 2023-01-31 11764063 core:CurrentFinancialInstruments 2024-01-31 11764063 core:CurrentFinancialInstruments 2023-01-31 11764063 core:ShareCapital 2024-01-31 11764063 core:ShareCapital 2023-01-31 11764063 core:RetainedEarningsAccumulatedLosses 2024-01-31 11764063 core:RetainedEarningsAccumulatedLosses 2023-01-31 11764063 core:ComputerEquipment 2023-01-31 11764063 core:ComputerEquipment 2024-01-31 11764063 2023-02-01 2024-01-31 11764063 bus:FilletedAccounts 2023-02-01 2024-01-31 11764063 bus:SmallEntities 2023-02-01 2024-01-31 11764063 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11764063 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11764063 bus:Director1 2023-02-01 2024-01-31 11764063 core:ComputerEquipment core:TopRangeValue 2023-02-01 2024-01-31 11764063 2022-02-01 2023-01-31 11764063 core:ComputerEquipment 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company No: 11764063 (England and Wales)

HARVEY VENTURES LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

HARVEY VENTURES LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

HARVEY VENTURES LIMITED

BALANCE SHEET

As at 31 January 2024
HARVEY VENTURES LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 469 725
469 725
Current assets
Stocks 749,839 744,237
Debtors 4 0 1,884
Cash at bank and in hand 15,320 23,678
765,159 769,799
Creditors: amounts falling due within one year 5 ( 747,706) ( 749,168)
Net current assets 17,453 20,631
Total assets less current liabilities 17,922 21,356
Net assets 17,922 21,356
Capital and reserves
Called-up share capital 100 100
Profit and loss account 17,822 21,256
Total shareholder's funds 17,922 21,356

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Harvey Ventures Limited (registered number: 11764063) were approved and authorised for issue by the Director on 28 March 2024. They were signed on its behalf by:

A J Milnes
Director
HARVEY VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
HARVEY VENTURES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Harvey Ventures Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is Woodlands, Agarton Lane, Milford-On-Sea, Lymington, SO41 0TT.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

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

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 February 2023 768 768
At 31 January 2024 768 768
Accumulated depreciation
At 01 February 2023 43 43
Charge for the financial year 256 256
At 31 January 2024 299 299
Net book value
At 31 January 2024 469 469
At 31 January 2023 725 725

4. Debtors

2024 2023
£ £
Corporation tax 0 1,242
Other debtors 0 642
0 1,884

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to director 744,513 745,208
Accruals 3,193 3,960
747,706 749,168