Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312No description of principal activitytrue2023-04-01false2truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13199598 2023-04-01 2024-03-31 13199598 2022-04-01 2023-03-31 13199598 2024-03-31 13199598 2023-03-31 13199598 c:Director1 2023-04-01 2024-03-31 13199598 c:Director2 2023-04-01 2024-03-31 13199598 d:Non-currentFinancialInstruments 2024-03-31 13199598 d:Non-currentFinancialInstruments 2023-03-31 13199598 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13199598 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13199598 d:ShareCapital 2024-03-31 13199598 d:ShareCapital 2023-03-31 13199598 c:FRS102 2023-04-01 2024-03-31 13199598 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13199598 c:FullAccounts 2023-04-01 2024-03-31 13199598 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13199598 d:Subsidiary1 2023-04-01 2024-03-31 13199598 d:Subsidiary1 1 2023-04-01 2024-03-31 13199598 6 2023-04-01 2024-03-31 13199598 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13199598









HARROW SERVICE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
HARROW SERVICE HOLDINGS LIMITED
REGISTERED NUMBER: 13199598

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Investments
 4 
1,250,000
1,250,000

  
1,250,000
1,250,000

Current assets
  

Cash at bank and in hand
 5 
240,064
140,073

  
240,064
140,073

Total assets less current liabilities
  
 
 
1,490,064
 
 
1,390,073

Creditors: amounts falling due after more than one year
  
(240,064)
(140,073)

  

Net assets
  
1,250,000
1,250,000


Capital and reserves
  

Called up share capital 
  
1,250,000
1,250,000

  
1,250,000
1,250,000


Page 1

 
HARROW SERVICE HOLDINGS LIMITED
REGISTERED NUMBER: 13199598
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
P L Patel
................................................
M L Vekaria
Director
Director


Date: 9 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
HARROW SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Harrow Service Holdings Limited is a private company limited by shares. The company is incorporated in England & Wales and its registered address is Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF. The registered company number is 13199598. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
Page 3

 
HARROW SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Financial instruments (continued)


 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
1,250,000



At 31 March 2024
1,250,000





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Harrow Service Centre Limited
Aston House, Cornwall Avenue. London N3 1LF
Ordinary
100%

The aggregate of the share capital and reserves as at 31 March 2024 and the profit or loss for the period ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Harrow Service Centre Limited
913,500
284,402

Page 4

 
HARROW SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
240,064
140,073

240,064
140,073



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
240,064
140,073

240,064
140,073


 
Page 5