IRIS Accounts Production v24.2.0.383 09814194 director 1.1.23 31.12.23 31.12.23 28.8.2024 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098141942022-12-31098141942023-12-31098141942023-01-012023-12-31098141942021-12-31098141942022-01-012022-12-31098141942022-12-3109814194ns15:EnglandWales2023-01-012023-12-3109814194ns14:PoundSterling2023-01-012023-12-3109814194ns10:Director12023-01-012023-12-3109814194ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109814194ns10:SmallEntities2023-01-012023-12-3109814194ns10:Audited2023-01-012023-12-3109814194ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109814194ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109814194ns10:FullAccounts2023-01-012023-12-3109814194ns10:OrdinaryShareClass12023-01-012023-12-3109814194ns5:CurrentFinancialInstruments2023-12-3109814194ns5:CurrentFinancialInstruments2022-12-3109814194ns5:ShareCapital2023-12-3109814194ns5:ShareCapital2022-12-3109814194ns5:RetainedEarningsAccumulatedLosses2023-12-3109814194ns5:RetainedEarningsAccumulatedLosses2022-12-3109814194ns10:RegisteredOffice2023-01-012023-12-3109814194ns5:PlantMachinery2023-01-012023-12-3109814194ns5:PlantMachinery2022-12-3109814194ns5:PlantMachinery2023-12-3109814194ns5:PlantMachinery2022-12-3109814194ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109814194ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109814194ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 09814194 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Harver Uk Ltd.

Harver Uk Ltd. (Registered number: 09814194)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Harver Uk Ltd. (Registered number: 09814194)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
Current assets
Debtors 5 10,603 15,942

Creditors
Amounts falling due within one year 6 323,020 322,618
Net current liabilities (312,417 ) (306,676 )
Total assets less current liabilities (312,417 ) (306,676 )

Capital and reserves
Called up share capital 7 86 86
Retained earnings (312,503 ) (306,762 )
Shareholders' funds (312,417 ) (306,676 )

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2024 and were signed by:





R Custodio - Director


Harver Uk Ltd. (Registered number: 09814194)

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

1. Statutory information

Harver Uk Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09814194

Registered office: 36 Scotts Road
Bromley
BR1 3QD

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.

As at 31 December 2023 the company had liabilities exceeding assets to the amount of £312,417 This deficit has been financed by loans from other group undertakings totalling £317,925, and it has been agreed with all parties that the company will not be liable to repay any of these loans until it has the financial resources to do so. On this basis the director has prepared the financial statements on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Harver Uk Ltd. (Registered number: 09814194)

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

2. Accounting policies - continued
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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 January 2023
and 31 December 2023 3,498
Depreciation
At 1 January 2023
and 31 December 2023 3,498
Net book value
At 31 December 2023 -
At 31 December 2022 -

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Amounts owed by group undertakings 10,603 15,853
Other debtors - 89
10,603 15,942

Harver Uk Ltd. (Registered number: 09814194)

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

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 103 103
Amounts owed to group undertakings 317,925 317,925
Other creditors 4,992 4,590
323,020 322,618

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary €1 86 86

8. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Stephen Watts (Senior Statutory Auditor)
for and on behalf of FUSE Accountants LLP

9. Ultimate controlling party

The immediate parent company is Harver Holding B.V., a company incorporated in The Netherlands. The ultimate parent of the group is Olympus Holdco LLC, registered in Delaware USA of which there is no ultimate controlling party.