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REGISTERED NUMBER: 04960949 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st December 2023

for

Harrison:Fraser Ltd

Harrison:Fraser Ltd (Registered number: 04960949)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Harrison:Fraser Ltd

Company Information
for the Year Ended 31st December 2023







DIRECTORS: D M Fraser
J K Harrison





SECRETARY: D M Fraser





REGISTERED OFFICE: 272 Spencer Hyde Ltd
Regents Park Road
Finchley Central
London
N3 3HN





REGISTERED NUMBER: 04960949 (England and Wales)





ACCOUNTANTS: Spencer Hyde Limited
272 Regents Park Road
London
N3 3HN

Harrison:Fraser Ltd (Registered number: 04960949)

Statement of Financial Position
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,764 2,217

CURRENT ASSETS
Stocks 25 87
Debtors 5 158,469 104,903
Cash at bank 292,358 190,680
450,852 295,670
CREDITORS
Amounts falling due within one year 6 235,772 139,151
NET CURRENT ASSETS 215,080 156,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,844

158,736

CREDITORS
Amounts falling due after more than one year 7 (23,333 ) (33,333 )

PROVISIONS FOR LIABILITIES (158 ) (158 )
NET ASSETS 201,353 125,245

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 200,353 124,245
SHAREHOLDERS' FUNDS 201,353 125,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Harrison:Fraser Ltd (Registered number: 04960949)

Statement of Financial Position - continued
31st December 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 Board of Directors and authorised for issue on 5th August 2024 and were signed on its behalf by:




J K Harrison - Director



D M Fraser - Director


Harrison:Fraser Ltd (Registered number: 04960949)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Harrison:Fraser 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Harrison:Fraser Ltd (Registered number: 04960949)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss accounts as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st January 2023 178,641
Additions 11,432
Disposals (250 )
At 31st December 2023 189,823
DEPRECIATION
At 1st January 2023 176,424
Charge for year 3,635
At 31st December 2023 180,059
NET BOOK VALUE
At 31st December 2023 9,764
At 31st December 2022 2,217

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 155,641 102,206
Other debtors 320 320
Directors' current accounts 125 -
Prepayments and accrued income 2,383 2,377
158,469 104,903

Harrison:Fraser Ltd (Registered number: 04960949)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 13,704 10,000
Trade creditors 12,559 13,268
Tax 116,255 69,481
Social security and other taxes 51,362 8,754
VAT 33,270 29,473
Other creditors 1,608 1,761
Accruals and deferred income 7,014 6,414
235,772 139,151

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 23,333 33,333