1 February 2023 false Taxfiler 2024.5 SC584610business:PrivateLimitedCompanyLtd2023-02-012024-01-31 SC5846102023-01-31 SC5846102023-02-012024-01-31 SC584610business:AuditExemptWithAccountantsReport2023-02-012024-01-31 SC584610business:FilletedAccounts2023-02-012024-01-31 SC5846102024-01-31 SC584610business:Director12023-02-012024-01-31 SC584610business:Director22023-02-012024-01-31 SC584610business:RegisteredOffice2023-02-012024-01-31 SC5846102023-01-31 SC584610core:WithinOneYear2024-01-31 SC584610core:WithinOneYear2023-01-31 SC584610core:AfterOneYear2024-01-31 SC584610core:AfterOneYear2023-01-31 SC584610core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC584610core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC584610core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC584610core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC584610core:PreviouslyStatedAmount2024-01-31 SC584610core:PreviouslyStatedAmount2023-01-31 SC584610business:SmallEntities2023-02-012024-01-31 SC584610countries:Scotland2023-02-012024-01-31 SC584610core:FurnitureFittings2023-02-012024-01-31 SC584610core:ComputerEquipment2023-02-012024-01-31 SC584610core:FurnitureFittings2023-01-31 SC584610core:ComputerEquipment2023-01-31 SC584610core:FurnitureFittings2024-01-31 SC584610core:ComputerEquipment2024-01-31 SC584610core:AfterOneYear2023-02-012024-01-31 SC5846102022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC584610 (Scotland)
Harvey & London Ltd Unaudited accounts for the year ended 31 January 2024
Harvey & London Ltd Unaudited accounts Contents
Page
- 2 -
Harvey & London Ltd Company Information for the year ended 31 January 2024
Directors
Teresa Harvey Simeon London
Company Number
SC584610 (Scotland)
Registered Office
2 High Cottage Bowfield Road Howwood Johnstone PA9 1DB UNITED KINGDOM
Accountants
Peter Andrew Ardoch Kilbryde Crescent Dunblane FK15 9AZ
- 3 -
Harvey & London Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,576 
7,434 
Current assets
Inventories
750 
8,297 
Debtors
- 
65 
Cash at bank and in hand
61,923 
106,281 
62,673 
114,643 
Creditors: amounts falling due within one year
(26,085)
(38,458)
Net current assets
36,588 
76,185 
Total assets less current liabilities
42,164 
83,619 
Creditors: amounts falling due after more than one year
(15,000)
(25,000)
Net assets
27,164 
58,619 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
27,163 
58,618 
Shareholders' funds
27,164 
58,619 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Teresa Harvey Director Company Registration No. SC584610
- 4 -
Harvey & London Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Harvey & London Ltd is a private company, limited by shares, registered in Scotland, registration number SC584610. The registered office is 2 High Cottage Bowfield Road, Howwood, Johnstone, PA9 1DB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
- 5 -
Harvey & London Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
9,274 
3,625 
12,899 
At 31 January 2024
9,274 
3,625 
12,899 
Depreciation
At 1 February 2023
4,057 
1,408 
5,465 
Charge for the year
1,304 
554 
1,858 
At 31 January 2024
5,361 
1,962 
7,323 
Net book value
At 31 January 2024
3,913 
1,663 
5,576 
At 31 January 2023
5,217 
2,217 
7,434 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
750 
8,297 
750 
8,297 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
65 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Taxes and social security
15,913 
22,354 
Other creditors
172 
6,104 
26,085 
38,458 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,000 
25,000 
The bank loan is repayable in installments over 6 years. The loan is guaranteed by government and carries an interest rate of 2.5% p.a.
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -