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REGISTERED NUMBER: 11206923 (England and Wales)















Financial Statements

for the Year Ended 29 February 2024

for

Harlequin Land Limited

Harlequin Land Limited (Registered number: 11206923)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Harlequin Land Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: E J Burdell





REGISTERED OFFICE: Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA





REGISTERED NUMBER: 11206923 (England and Wales)





ACCOUNTANTS: Barnbrook Sinclair
Chartered Accountants
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA

Harlequin Land Limited (Registered number: 11206923)

Statement of Financial Position
29 February 2024

29/2/24 28/2/23
Notes £    £   
FIXED ASSETS
Intangible assets 5 36 76
Tangible assets 6 630 537
Investments 7 198 100
864 713

CURRENT ASSETS
Debtors 8 10,736 415,233
Cash at bank 102,443 85,263
113,179 500,496
CREDITORS
Amounts falling due within one year 9 (72,425 ) (481,138 )
NET CURRENT ASSETS 40,754 19,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,618

20,071

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 41,617 20,070
SHAREHOLDERS' FUNDS 41,618 20,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Harlequin Land Limited (Registered number: 11206923)

Statement of Financial Position - continued
29 February 2024


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 27 August 2024 and were signed by:





E J Burdell - Director


Harlequin Land Limited (Registered number: 11206923)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Harlequin Land 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Included in intangible assets is an investment in cryptocurrency. This is held at historical cost, and has an indefinite life and therefore will be assessed for impairment annually.

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 - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 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.

Harlequin Land Limited (Registered number: 11206923)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost or valuation
At 1 March 2023 76
Impairments (40 )
At 29 February 2024 36
Net book value
At 29 February 2024 36
At 28 February 2023 76

Cost or valuation at 29 February 2024 is represented by:

Other
intangible
assets
£   
Valuation in 2022 4,000
Valuation in 2023 (3,924 )
Valuation in 2024 (40 )
36

Harlequin Land Limited (Registered number: 11206923)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1 March 2023 586
Additions 756
Disposals (586 )
At 29 February 2024 756
Depreciation
At 1 March 2023 49
Charge for year 126
Eliminated on disposal (49 )
At 29 February 2024 126
Net book value
At 29 February 2024 630
At 28 February 2023 537

7. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 March 2023 100
Additions 98
At 29 February 2024 198
Net book value
At 29 February 2024 198
At 28 February 2023 100

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Other debtors 10,736 415,233

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Amounts owed to group undertakings 55,582 395,022
Taxation and social security 15,645 8,614
Other creditors 1,198 77,502
72,425 481,138

Harlequin Land Limited (Registered number: 11206923)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end there were outstanding loans due from the director's of £8,833 (2023: Nil) on which interest at a rate of 2.25% had been charged. The loan has been repaid following the year end but before the date of this report.