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Registered number: 01527184

Harp Business Centre Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023


Harp Business Centre Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Roland J B Duce
Alexander J C Duce
Colin Andrew Gray
REGISTERED OFFICE
11a Ironmonger Street
Stamford
Lincolnshire
PE9 1PL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01527184

Harp Business Centre Limited

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Harp Business Centre Limited

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets37,545,0007,545,000
CURRENT ASSETS
Debtors5894,658671,414
Cash at bank and in hand92,044918,529
986,7021,589,943
CREDITORS: Amounts falling due within one year6234,785926,408
NET CURRENT ASSETS751,917663,535
TOTAL ASSETS LESS CURRENT LIABILITIES8,296,9178,208,535
CREDITORS: Amounts falling due after more than one year74,062,5004,045,633
PROVISIONS FOR LIABILITIES AND CHARGES8574,011574,011
NET ASSETS3,660,4063,588,891
CAPITAL AND RESERVES
Called up share capital9100100
Revaluation reserve1c,10845,804845,804
Profit and loss account2,814,5022,742,987
SHAREHOLDERS' FUNDS3,660,4063,588,891
For the year ending 30/06/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/10/2024 and signed on their behalf by
.............................
Roland J B Duce
Director

Harp Business Centre Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
Cost
At 30/06/2023
Depreciation
At 30/06/2023
Net Book Amounts
At 30/06/2023

Harp Business Centre Limited

4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/07/20227,545,0007,545,000
At 30/06/20237,545,0007,545,000
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors - BH34,52157,498
Trade debtors5,2987,098
Amounts due from group companies719,234597,034
Prepayments8,1789,784
Directors current account127,427-
894,658671,414
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax21,7834,100
VAT19,71718,994
Directors current account-696,397
Trade creditors28,18313,800
Other creditors44,34146,389
Accruals120,761106,957
Amounts due to group companies-39,771
234,785926,408

Harp Business Centre Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr4,062,5004,045,633
4,062,5004,045,633
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation574,011574,011
574,011574,011
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. REVALUATION RESERVE 20232022
££
Revaluation reserve845,804845,804
845,804845,804