Registered number: 12282815 | ||||||||
FOR THE YEAR ENDED 31 OCTOBER 2023 | ||||||||
Prepared By: | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Suite114, Lymington Town Hall | ||||||||
Avenue Road | ||||||||
Lymington | ||||||||
Hants | ||||||||
SO41 9ZG |
Harp and Crown Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 OCTOBER 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Wiltshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in England and Wales, registered number 12282815 | ||||||||
ACCOUNTANTS | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Suite114, Lymington Town Hall | ||||||||
Avenue Road | ||||||||
Lymington | ||||||||
Hants | ||||||||
SO41 9ZG |
Harp and Crown Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 OCTOBER 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Statement of Financial Position | 3 | |||||||
Notes to the Accounts | 4 - 5 | |||||||
Harp and Crown Limited | ||||||||
STATEMENT OF FINANCIAL POSITION AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
51,129 | 46,023 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (487,046) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | (195,527) | (139,255) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Harp and Crown Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 OCTOBER 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Short Leasehold Property | straight line over period of lease | |||||||
Fixtures and Fittings | straight line 10% | |||||||
Equipment | straight line 20% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to sell (net realisable value). | ||||||||
1d. Pension Costs | ||||||||
The company operates a defined benefit contribution scheme for the benefit of its employees. Contributions payable are recognised in profit and loss account when due. |
2. EMPLOYEES | ||||
2023 | 2023 | |||
No. | No. | |||
Average number of employees | 15 | |||
3. TANGIBLE FIXED ASSETS | ||||||||
Short Leasehold | Fixtures | |||||||
Property | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 November 2022 | 51,260 | 338,173 | 83,562 | 472,995 | ||||
Additions | - | - | 3,488 | 3,488 | ||||
At 31 October 2023 | 51,260 | 338,173 | 87,050 | 476,483 | ||||
Depreciation | ||||||||
At 1 November 2022 | 7,180 | 88,100 | 29,923 | 125,203 | ||||
For the year | 7,180 | 33,818 | 17,410 | 58,408 | ||||
At 31 October 2023 | 14,360 | 121,918 | 47,333 | 183,611 | ||||
Net Book Amounts | ||||||||
At 31 October 2023 | 36,900 | 292,872 | ||||||
At 31 October 2022 | 44,080 | 347,792 | ||||||
Harp and Crown Limited | ||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,612 | 1,208 | ||||||
Other debtors | 1,394 | 690 | ||||||
Prepayments | 3,005 | 2,971 | ||||||
6,011 | 4,869 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 12,334 | 11,450 | ||||||
PAYE | 621 | 343 | ||||||
Directors current account | 504,306 | 506,242 | ||||||
Trade creditors | 11,603 | 7,822 | ||||||
Other creditors | 375 | 1,655 | ||||||
Accruals | 10,288 | 5,557 | ||||||
539,527 | 533,069 | |||||||