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REGISTERED NUMBER: 05197971 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

HARVAL HOLDING LIMITED

HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


HARVAL HOLDING LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A Biondani





REGISTERED OFFICE: 38 Craven Street
London
WC2N 5NG





REGISTERED NUMBER: 05197971 (England and Wales)





ACCOUNTANTS: B&P Tax Legal Finance LLP
38 Craven Street
London
WC2N 5NG

HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Report of the Director
FOR THE YEAR ENDED 31 DECEMBER 2023


The director presents his report with the financial statements of the company for the year ended 31 December 2023.

DIRECTORS
The directors who have held office during the period from 1 January 2023 to the date of this report are as follows:

A W Welling - resigned 25 January 2023
A Biondani - appointed 25 January 2023

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 Biondani - Director


6 September 2024

HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Income Statement
FOR THE YEAR ENDED 31 DECEMBER 2023

2023 2022
$    $   

TURNOVER - -

Administrative expenses 5,493 13,491
OPERATING LOSS and
LOSS BEFORE TAXATION (5,493 ) (13,491 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (5,493 ) (13,491 )

HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Balance Sheet
31 DECEMBER 2023

2023 2022
Notes $    $   
FIXED ASSETS
Investments 4 1,022,510 1,022,510

CURRENT ASSETS
Debtors 5 720,897 780,943
Cash at bank 6,991 1,791
727,888 782,734
CREDITORS
Amounts falling due within one year 6 (2,035,076 ) (2,084,429 )
NET CURRENT LIABILITIES (1,307,188 ) (1,301,695 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(284,678

)

(279,185

)

CAPITAL AND RESERVES
Called up share capital 1,790 1,790
Retained earnings (286,468 ) (280,975 )
(284,678 ) (279,185 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 director and authorised for issue on 6 September 2024 and were signed by:





A Biondani - Director


HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Harval Holding 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.

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 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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
$   
COST
At 1 January 2023
and 31 December 2023 1,022,510
NET BOOK VALUE
At 31 December 2023 1,022,510
At 31 December 2022 1,022,510

HARVAL HOLDING LIMITED (REGISTERED NUMBER: 05197971)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
$    $   
Other debtors 720,897 780,943

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
$    $   
Trade creditors 1,229 -
Other creditors 2,033,847 2,084,429
2,035,076 2,084,429

7. RELATED PARTY DISCLOSURES

At the year end the company owed the shareholders $2,025,793.

At the year end there is a loan of $189,195 owed by participating interests and $531,702 owed by the subsidiary. The loans are payable on demand and bear no interest.

8. ULTIMATE CONTROLLING PARTY

Elle Effe Capital S.r.l. is the immediate controlling party. There is no ultimate controlling party.