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REGISTERED NUMBER: 08077475 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

HARRINGTON BROTHERS CONTRACTORS LTD

HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)






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


HARRINGTON BROTHERS CONTRACTORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: J Harrington





REGISTERED OFFICE: Create Business Hub
5 Rayleigh Road
Shenfield
Brentwood
Essex
CM13 1AB





REGISTERED NUMBER: 08077475 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 173,838 103,243

CURRENT ASSETS
Debtors 5 289,709 327,700
Cash at bank and in hand 72,145 74,496
361,854 402,196
CREDITORS
Amounts falling due within one year 6 226,083 169,012
NET CURRENT ASSETS 135,771 233,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,609

336,427

CREDITORS
Amounts falling due after more than one
year

7

53,592

44,742
NET ASSETS 256,017 291,685

CAPITAL AND RESERVES
Called up share capital 104 100
Retained earnings 255,913 291,585
SHAREHOLDERS' FUNDS 256,017 291,685

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 director acknowledges his 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.

HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)

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 director and authorised for issue on 18 April 2024 and were signed by:





J Harrington - Director


HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Harrington Brothers Contractors 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 129,660 4,835 103,595 5,480 243,570
Additions 37,128 1,485 90,984 - 129,597
At 31 July 2023 166,788 6,320 194,579 5,480 373,167
DEPRECIATION
At 1 August 2022 73,389 1,505 62,118 3,315 140,327
Charge for year 23,351 1,204 33,115 1,332 59,002
At 31 July 2023 96,740 2,709 95,233 4,647 199,329
NET BOOK VALUE
At 31 July 2023 70,048 3,611 99,346 833 173,838
At 31 July 2022 56,271 3,330 41,477 2,165 103,243

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2022 60,745 - 60,745
Additions - 62,281 62,281
At 31 July 2023 60,745 62,281 123,026
DEPRECIATION
At 1 August 2022 27,655 - 27,655
Charge for year 8,273 15,622 23,895
At 31 July 2023 35,928 15,622 51,550
NET BOOK VALUE
At 31 July 2023 24,817 46,659 71,476
At 31 July 2022 33,090 - 33,090

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 272,303 275,003
VAT 17,406 52,697
289,709 327,700

HARRINGTON BROTHERS CONTRACTORS LTD (REGISTERED NUMBER: 08077475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,055 9,613
Hire purchase contracts 35,318 12,618
Trade creditors 40,562 73,444
Tax 34,234 33,006
Social security and other taxes 37,673 11,578
Directors' current accounts 66,041 26,753
Accruals and deferred income 2,200 2,000
226,083 169,012

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,517 10,055
Bank loans - 2-5 years 9,132 19,649
Hire purchase contracts 33,943 15,038
53,592 44,742