IRIS Accounts Production v23.4.0.336 04831202 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048312022022-07-31048312022023-07-31048312022022-08-012023-07-31048312022021-07-31048312022021-08-012022-07-31048312022022-07-3104831202ns15:EnglandWales2022-08-012023-07-3104831202ns14:PoundSterling2022-08-012023-07-3104831202ns10:Director12022-08-012023-07-3104831202ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3104831202ns10:SmallEntities2022-08-012023-07-3104831202ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3104831202ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3104831202ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3104831202ns10:FullAccounts2022-08-012023-07-3104831202ns10:Director22022-08-012023-07-3104831202ns10:CompanySecretary12022-08-012023-07-3104831202ns10:RegisteredOffice2022-08-012023-07-3104831202ns5:CurrentFinancialInstruments2023-07-3104831202ns5:CurrentFinancialInstruments2022-07-3104831202ns5:Non-currentFinancialInstruments2023-07-3104831202ns5:Non-currentFinancialInstruments2022-07-3104831202ns5:ShareCapital2023-07-3104831202ns5:ShareCapital2022-07-3104831202ns5:RetainedEarningsAccumulatedLosses2023-07-3104831202ns5:RetainedEarningsAccumulatedLosses2022-07-3104831202ns5:LandBuildings2022-08-012023-07-3104831202ns5:PlantMachinery2022-08-012023-07-3104831202ns5:LandBuildings2022-07-3104831202ns5:PlantMachinery2022-07-3104831202ns5:LandBuildings2023-07-3104831202ns5:PlantMachinery2023-07-3104831202ns5:LandBuildings2022-07-3104831202ns5:PlantMachinery2022-07-3104831202ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3104831202ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 04831202 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Harbar Ltd

Harbar Ltd (Registered number: 04831202)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Harbar Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: R M Lamont
Mrs J E Lamont





SECRETARY: Mrs J E Lamont





REGISTERED OFFICE: 21 Church Road
Parkstone
Poole
Dorset
BH14 8UF





REGISTERED NUMBER: 04831202 (England and Wales)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Harbar Ltd (Registered number: 04831202)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 202,557 193,107

CURRENT ASSETS
Stocks 25,000 24,600
Debtors 5 136,865 165,511
Cash at bank and in hand 210,225 329,442
372,090 519,553
CREDITORS
Amounts falling due within one year 6 183,064 184,870
NET CURRENT ASSETS 189,026 334,683
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,583

527,790

CREDITORS
Amounts falling due after more than one
year

7

(26,853

)

(41,183

)

PROVISIONS FOR LIABILITIES (13,195 ) (9,725 )
NET ASSETS 351,535 476,882

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 351,533 476,880
SHAREHOLDERS' FUNDS 351,535 476,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 profit or loss 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.

Harbar Ltd (Registered number: 04831202)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by:





Mrs J E Lamont - Director


Harbar Ltd (Registered number: 04831202)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Harbar Ltd is a private company, limited by shares , 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Not provided
Plant and machinery etc - 33% on cost, 25% on reducing balance, Not provided and at variable rates on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Harbar Ltd (Registered number: 04831202)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2022 - 43 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2022 108,422 305,620 414,042
Additions - 22,980 22,980
At 31 July 2023 108,422 328,600 437,022
DEPRECIATION
At 1 August 2022 - 220,935 220,935
Charge for year - 13,530 13,530
At 31 July 2023 - 234,465 234,465
NET BOOK VALUE
At 31 July 2023 108,422 94,135 202,557
At 31 July 2022 108,422 84,685 193,107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 136,865 165,511

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 14,000 13,500
Trade creditors 72,622 48,845
Taxation and social security 68,645 90,676
Other creditors 27,797 31,849
183,064 184,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 26,853 41,183