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
Harris Resource Ltd
Company Information
for the year ended 31 July 2023
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
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
Harris Resource Ltd
Statement of financial position
as at 31 July 2023
Investment property
313,281
313,281
Cash at bank and in hand
14,973
6,475
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)
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
Harris Resource Ltd
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Fair value at 1 August 2022
313,281
The properties are included in the accounts based on what the directors believe are their estimated market values.
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
209,374
209,374
Other creditors
110,874
110,874
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).