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REGISTERED NUMBER: 00890252 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 NOVEMBER 2023

FOR

F H HARVEY UK LIMITED

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company information 1

Report of the directors 2

Income statement 3

Statement of financial position 4

Notes to the financial statements 6


F H HARVEY UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







Directors: C P Price
G D Harvey
A J Harvey





Secretary: Mrs J B Taylor





Registered office: Suite A, Second Floor, Studley Point
88 Birmingham Road
Studley
B80 7AS





Registered number: 00890252 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 NOVEMBER 2023


The directors present their report with the financial statements of the company for the year ended 30 November 2023.

Review of business
The directors acknowledge that there has been a decrease in turnover. This has been caused by project delays outside of their control. However, this will be reflected in a significant increase in turnover next year.

Directors
The directors shown below have held office during the whole of the period from 1 December 2022 to the date of this report.

C P Price
G D Harvey
A J Harvey

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





A J Harvey - Director


27 August 2024

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

INCOME STATEMENT
FOR THE YEAR ENDED 30 NOVEMBER 2023

2023 2022
Notes £    £   

TURNOVER 6,774,318 7,774,446

Cost of sales 4,556,085 5,699,439
GROSS PROFIT 2,218,233 2,075,007

Administrative expenses 1,623,149 1,316,780
595,084 758,227

Other operating income 3,600 3,600
OPERATING PROFIT 4 598,684 761,827

Interest receivable and similar income 13,768 1,054
612,452 762,881

Interest payable and similar expenses 470 3,963
PROFIT BEFORE TAXATION 611,982 758,918

Tax on profit 147,185 143,957
PROFIT FOR THE FINANCIAL YEAR 464,797 614,961

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 187,576 122,870

CURRENT ASSETS
Stocks 893,965 387,626
Debtors 6 977,140 863,353
Cash at bank and in hand 1,872,122 2,056,372
3,743,227 3,307,351
CREDITORS
Amounts falling due within one year 7 693,452 474,117
NET CURRENT ASSETS 3,049,775 2,833,234
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,237,351

2,956,104

PROVISIONS FOR LIABILITIES 41,700 19,300
NET ASSETS 3,195,651 2,936,804

CAPITAL AND RESERVES
Called up share capital 360 360
Capital redemption reserve 270 270
Retained earnings 3,195,021 2,936,174
3,195,651 2,936,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





A J Harvey - Director


F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

F H Harvey UK Limited 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.
Plant and machinery - 15% on reducing balance
Fixtures & Fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Work in progress
Work in progress is measured by the stage of completion of the services provided as at the year-end based on the overall value of the contract.

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.

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2022 - 40 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 35,604 29,159

5. TANGIBLE FIXED ASSETS
Plant and Fixtures Motor
machinery & Fittings vehicles Totals
£    £    £    £   
Cost
At 1 December 2022 35,603 67,007 171,431 274,041
Additions - 23,351 89,913 113,264
Disposals - (30,000 ) (33,575 ) (63,575 )
At 30 November 2023 35,603 60,358 227,769 323,730
Depreciation
At 1 December 2022 11,242 45,325 94,604 151,171
Charge for year 3,654 6,755 25,195 35,604
Eliminated on disposal - (30,000 ) (20,621 ) (50,621 )
At 30 November 2023 14,896 22,080 99,178 136,154
Net book value
At 30 November 2023 20,707 38,278 128,591 187,576
At 30 November 2022 24,361 21,682 76,827 122,870

F H HARVEY UK LIMITED (REGISTERED NUMBER: 00890252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 803,118 768,821
Other debtors 174,022 94,532
977,140 863,353

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 216
Trade creditors 433,316 204,709
Taxation and social security 177,413 191,988
Other creditors 82,723 77,204
693,452 474,117

8. RELATED PARTY DISCLOSURES

The ultimate controlling party is F H Harvey Group Limited.