IRIS Accounts Production v24.3.0.553 12461807 director 1.2.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124618072023-01-31124618072024-03-31124618072023-02-012024-03-31124618072022-01-31124618072022-02-012023-01-31124618072023-01-3112461807ns15:EnglandWales2023-02-012024-03-3112461807ns14:PoundSterling2023-02-012024-03-3112461807ns10:Director12023-02-012024-03-3112461807ns10:PrivateLimitedCompanyLtd2023-02-012024-03-3112461807ns10:SmallEntities2023-02-012024-03-3112461807ns10:AuditExempt-NoAccountantsReport2023-02-012024-03-3112461807ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-03-3112461807ns10:SmallCompaniesRegimeForAccounts2023-02-012024-03-3112461807ns10:FullAccounts2023-02-012024-03-3112461807ns10:OrdinaryShareClass12023-02-012024-03-3112461807ns10:OrdinaryShareClass22023-02-012024-03-3112461807ns10:CompanySecretary12023-02-012024-03-3112461807ns10:RegisteredOffice2023-02-012024-03-3112461807ns5:CurrentFinancialInstruments2024-03-3112461807ns5:CurrentFinancialInstruments2023-01-3112461807ns5:Non-currentFinancialInstruments2024-03-3112461807ns5:Non-currentFinancialInstruments2023-01-3112461807ns5:ShareCapital2024-03-3112461807ns5:ShareCapital2023-01-3112461807ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3112461807ns5:FurtherSpecificReserve3ComponentTotalEquity2023-01-3112461807ns5:RetainedEarningsAccumulatedLosses2024-03-3112461807ns5:RetainedEarningsAccumulatedLosses2023-01-3112461807ns5:MotorVehicles2023-02-012024-03-3112461807ns5:MotorVehicles2024-03-3112461807ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112461807ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3112461807ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3112461807ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-01-3112461807ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3112461807ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-01-3112461807ns5:Secured2024-03-3112461807ns5:Secured2023-01-3112461807ns5:DeferredTaxation2023-02-012024-03-3112461807ns5:DeferredTaxation2024-03-3112461807ns10:OrdinaryShareClass12024-03-3112461807ns10:OrdinaryShareClass22024-03-31124618071ns10:Director12023-01-31124618071ns10:Director12022-01-31124618071ns10:Director12023-02-012024-03-31124618071ns10:Director12022-02-012023-01-31124618071ns10:Director12024-03-31124618071ns10:Director12023-01-31
REGISTERED NUMBER: 12461807 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

FOR

HARLIV LIMITED

HARLIV LIMITED (REGISTERED NUMBER: 12461807)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARLIV LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024







DIRECTOR: W W G Cooper





SECRETARY: W W G Cooper





REGISTERED OFFICE: Shaw Lane Business Park
Shaw Lane
Barnsley
South Yorkshire
S70 6EH





REGISTERED NUMBER: 12461807 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,350 -
Investment property 5 250,000 200,000
312,350 200,000

CURRENT ASSETS
Stocks 6 825 -
Debtors 7 9,632 5,357
Cash at bank 52,572 61,722
63,029 67,079
CREDITORS
Amounts falling due within one year 8 29,708 33,137
NET CURRENT ASSETS 33,321 33,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,671

233,942

CREDITORS
Amounts falling due after more than one
year

9

(205,087

)

(169,478

)

PROVISIONS FOR LIABILITIES 12 (19,144 ) -
NET ASSETS 121,440 64,464

CAPITAL AND RESERVES
Called up share capital 13 500 500
Fair value reserve 14 40,500 -
Retained earnings 80,440 63,964
SHAREHOLDERS' FUNDS 121,440 64,464

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

BALANCE SHEET - continued
31ST MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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.

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 Profit & loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th October 2024 and were signed by:





W W G Cooper - Director


HARLIV LIMITED (REGISTERED NUMBER: 12461807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

1. STATUTORY INFORMATION

Harliv 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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 period 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 period was 1 (2023 - 1 ) .

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 64,500
At 31st March 2024 64,500
DEPRECIATION
Charge for period 2,150
At 31st March 2024 2,150
NET BOOK VALUE
At 31st March 2024 62,350

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st February 2023 200,000
Revaluations 50,000
At 31st March 2024 250,000
NET BOOK VALUE
At 31st March 2024 250,000
At 31st January 2023 200,000

Fair value at 31st March 2024 is represented by:
£   
Valuation in 2024 50,000
Cost 200,000
250,000

The investment property revaluation was carried out by the director based on current available market data.

6. STOCKS
2024 2023
£    £   
Work-in-progress 825 -

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,946 330
Other debtors 3,000 5,000
Directors' current accounts 3,686 -
Prepayments - 27
9,632 5,357

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 11,735 11,469
Other loans (see note 10) 6,841 6,530
Hire purchase contracts 6,462 -
Trade creditors 15 30
Tax - 8,660
VAT 2,407 3,744
Other creditors 1,081 -
Directors' current accounts - 1,649
Accrued expenses 1,167 1,055
29,708 33,137

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 10) 73,968 86,282
Other loans (see note 10) 75,241 83,196
Hire purchase contracts 55,878 -
205,087 169,478

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 28,262 39,488

10. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 11,735 11,469
Other loans 6,841 6,530
18,576 17,999

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

10. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 12,450 12,121
Other loans - 1-2 years 7,120 6,796
19,570 18,917

Amounts falling due between two and five years:
Bank loans - 2-5 years 33,256 34,673
Other loans - 2-5 years 68,121 76,400
101,377 111,073

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 28,262 39,488

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 82,082 89,726
Hire purchase contracts 62,340 -
144,422 89,726

The director has given a personal guarantee on the loan agreement with Sheldale Developments Ltd.

12. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 19,144 -

Deferred
tax
£   
Provided during period 19,144
Balance at 31st March 2024 19,144

HARLIV LIMITED (REGISTERED NUMBER: 12461807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2023 TO 31ST MARCH 2024

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
255 Ordinary A 1 255 255
245 Ordinary B 1 245 245
500 500

14. RESERVES
Fair
value
reserve
£   
Movement in year 50,000
Deferred tax to fair value res (9,500 )

At 31st March 2024 40,500

15. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31st March 2024 and the year ended 31st January 2023:

2024 2023
£    £   
W W G Cooper
Balance outstanding at start of period - -
Amounts advanced 3,686 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 3,686 -

16. ULTIMATE CONTROLLING PARTY

The director and his spouse hold 100% of the issued share capital.