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Company Registration No. 12753852 (England and Wales)
Harris Resource Ltd Unaudited accounts for the year ended 31 July 2023
Harris Resource Ltd Unaudited accounts Contents
Page
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Harris Resource Ltd Company Information for the year ended 31 July 2023
Director
Tasha Harris
Company Number
12753852 (England and Wales)
Registered Office
20 WEDGEWOOD ROAD BRISTOL BS16 6LT ENGLAND
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Harris Resource Ltd for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Harris Resource Ltd for the year ended 31 July 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 12 April 2024
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Harris Resource Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
313,281 
313,281 
Current assets
Debtors
1,495 
1,495 
Cash at bank and in hand
14,973 
6,475 
16,468 
7,970 
Creditors: amounts falling due within one year
(10,637)
(9,303)
Net current assets/(liabilities)
5,831 
(1,333)
Total assets less current liabilities
319,112 
311,948 
Creditors: amounts falling due after more than one year
(320,248)
(320,248)
Net liabilities
(1,136)
(8,300)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(1,138)
(8,302)
Shareholders' funds
(1,136)
(8,300)
For the year ending 31 July 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 her 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 11 April 2024 and were signed on its behalf by
Tasha Harris Director Company Registration No. 12753852
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Harris Resource Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Harris Resource Ltd is a private company, limited by shares, registered in England and Wales, registration number 12753852. The registered office is 20 WEDGEWOOD ROAD, BRISTOL, BS16 6LT, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 August 2022
313,281 
At 31 July 2023
313,281 
The properties are included in the accounts based on what the directors believe are their estimated market values.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,495 
1,495 
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Harris Resource Ltd Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
1,494 
1,493 
Loans from directors
8,243 
7,210 
Accruals
900 
600 
10,637 
9,303 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
209,374 
209,374 
Other creditors
110,874 
110,874 
320,248 
320,248 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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