Harwood Leon Ltd 08497857 false 2023-04-30 2024-03-31 2024-03-31 The principal activity of the company is Provision of technology services Digita Accounts Production Advanced 6.30.9574.0 true true 08497857 2023-04-30 2024-03-31 08497857 2024-03-31 08497857 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08497857 core:Non-currentFinancialInstruments 2024-03-31 08497857 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08497857 core:PlantMachinery 2024-03-31 08497857 bus:SmallEntities 2023-04-30 2024-03-31 08497857 bus:AuditExemptWithAccountantsReport 2023-04-30 2024-03-31 08497857 bus:FilletedAccounts 2023-04-30 2024-03-31 08497857 bus:SmallCompaniesRegimeForAccounts 2023-04-30 2024-03-31 08497857 bus:RegisteredOffice 2023-04-30 2024-03-31 08497857 bus:Director1 2023-04-30 2024-03-31 08497857 bus:PrivateLimitedCompanyLtd 2023-04-30 2024-03-31 08497857 core:PlantMachinery 2023-04-30 2024-03-31 08497857 countries:EnglandWales 2023-04-30 2024-03-31 08497857 2023-04-29 08497857 core:PlantMachinery 2023-04-29 08497857 2022-04-30 2023-04-29 08497857 2023-04-29 08497857 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-29 08497857 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-04-29 08497857 core:Non-currentFinancialInstruments 2023-04-29 08497857 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-29 08497857 core:PlantMachinery 2023-04-29 iso4217:GBP xbrli:pure

Filleted
Registration number: 08497857

Harwood Leon Ltd

Unaudited Filleted Financial Statements

for the Period from 30 April 2023 to 31 March 2024

 

Harwood Leon Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Harwood Leon Ltd

Company Information

Directors

Mr Paul Kevin John Harwood

Laura Elizabeth Munday

Company secretary

Laura Elizabeth Munday

Registered office

60 Queens Road
Mumbles
Swansea
SA3 4AN

Accountants

LHP Cross Hands
Chartered Certified Accountants
Suite 3 & 6
Block B
Llys y Barcud
Cross Hands
SA14 6RX

 

Harwood Leon Ltd

(Registration number: 08497857)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

336

Current assets

 

Cash at bank and in hand

 

76

76

Creditors: Amounts falling due within one year

5

(4,432)

(2,632)

Net current liabilities

 

(4,356)

(2,556)

Total assets less current liabilities

 

(4,356)

(2,220)

Creditors: Amounts falling due after more than one year

5

(2,750)

(4,550)

Net liabilities

 

(7,106)

(6,770)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(7,206)

(6,870)

Shareholders' deficit

 

(7,106)

(6,770)

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 October 2024 and signed on its behalf by:
 

.........................................
Mr Paul Kevin John Harwood
Director

   
     
 

Harwood Leon Ltd

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
60 Queens Road
Mumbles
Swansea
SA3 4AN
England and Wales

These financial statements were authorised for issue by the Board on 9 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Harwood Leon Ltd

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 31 March 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2023 - 2).

 

Harwood Leon Ltd

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 31 March 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 30 April 2023

2,350

2,350

At 31 March 2024

2,350

2,350

Depreciation

At 30 April 2023

2,014

2,014

Charge for the period

336

336

At 31 March 2024

2,350

2,350

Carrying amount

At 31 March 2024

-

-

At 29 April 2023

336

336

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Other related parties

 

4,182

2,382

Other creditors

 

250

250

 

4,432

2,632

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

2,750

4,550

6

Share capital

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

2,750

4,550