COMPANY REGISTRATION NUMBER:
15182587
HARRISON PROPERTIES REDDITCH LIMITED |
|
Filleted Unaudited Financial Statements |
|
HARRISON PROPERTIES REDDITCH LIMITED |
|
Statement of Financial Position |
|
31 March 2024
Fixed assets
Creditors: amounts falling due within one year |
6 |
111,431 |
|
--------- |
Net current liabilities |
111,431 |
|
--------- |
Total assets less current liabilities |
151,547 |
|
|
|
Creditors: amounts falling due after more than one year |
7 |
125,712 |
|
--------- |
Net assets |
25,835 |
|
--------- |
|
|
|
Capital and reserves
Called up share capital |
8 |
17,978 |
Profit and loss account |
7,857 |
|
-------- |
Shareholders funds |
25,835 |
|
-------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
6 August 2024
, and are signed on behalf of the board by:
Company registration number:
15182587
HARRISON PROPERTIES REDDITCH LIMITED |
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Notes to the Financial Statements |
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Period from 3 October 2023 to 31 March 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 52a Bromsgrove Road, Redditch, B97 4RJ.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a small entity as defined in FRS102 and section 382 of the Companies Act 2006 and has taken advantage of the disclosure exemptions available under paragraph 1A.7 of FRS102.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
4.
Staff costs
The average number of persons employed by the company during the year including the directors amounted to 3.
5.
Investments
|
Shares in group undertakings |
|
£ |
Cost |
|
At 3 October 2023 |
– |
Additions |
262,978 |
|
--------- |
At 31 March 2024 |
262,978 |
|
--------- |
Impairment |
|
At 3 October 2023 and 31 March 2024 |
– |
|
--------- |
|
|
Carrying amount |
|
At 31 March 2024 |
262,978 |
|
--------- |
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6.
Creditors:
amounts falling due within one year
|
31 Mar 24 |
|
£ |
Other creditors |
111,431 |
|
--------- |
|
|
7.
Creditors:
amounts falling due after more than one year
|
31 Mar 24 |
|
£ |
Other creditors |
125,712 |
|
--------- |
|
|
8.
Called up share capital
Issued, called up and fully paid
|
31 Mar 24 |
|
No. |
£ |
Ordinary shares of £ 0.20 each |
89,892 |
17,978 |
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-------- |
-------- |
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|
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9.
Controlling party
The directors consider the ultimate controlling party the trustees of the D C Harrison 31 March 1989 Trust.