Harlequin Homes (High Mead) Limited 13723481 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is property development Digita Accounts Production Advanced 6.30.9574.0 true true 13723481 2023-02-01 2024-01-31 13723481 2024-01-31 13723481 core:CurrentFinancialInstruments 2024-01-31 13723481 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13723481 bus:SmallEntities 2023-02-01 2024-01-31 13723481 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13723481 bus:FullAccounts 2023-02-01 2024-01-31 13723481 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13723481 bus:RegisteredOffice 2023-02-01 2024-01-31 13723481 bus:Director1 2023-02-01 2024-01-31 13723481 bus:Director2 2023-02-01 2024-01-31 13723481 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13723481 countries:England 2023-02-01 2024-01-31 13723481 2021-11-04 2023-01-31 13723481 2023-01-31 13723481 core:CurrentFinancialInstruments 2023-01-31 13723481 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 13723481

Harlequin Homes (High Mead) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Harlequin Homes (High Mead) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Harlequin Homes (High Mead) Limited

Company Information

Directors

Mr M A Wingfield

Mr R J Atkins

Registered office

The Old Exchange
521 Wimborne Road East
Ferndown
Dorset
BH22 9NH

Accountants

Wilkinsons Accountants Limited
Chartered Certified Accountants
The Old Exchange
521 Wimborne Road East
Ferndown
Dorset
BH22 9NH

 

Harlequin Homes (High Mead) Limited

(Registration number: 13723481)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Stocks

4

241,876

241,876

Debtors

5

1,840

1,840

Cash at bank and in hand

 

2,459

100

 

246,175

243,816

Creditors: Amounts falling due within one year

6

(247,055)

(244,695)

Net liabilities

 

(880)

(879)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(980)

(979)

Shareholders' deficit

 

(880)

(879)

For the financial year ending 31 January 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 year 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 14 October 2024 and signed on its behalf by:
 

.........................................
Mr M A Wingfield
Director

 

Harlequin Homes (High Mead) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

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

The address of its registered office is:
The Old Exchange
521 Wimborne Road East
Ferndown
Dorset
BH22 9NH

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.

The financial statements are prepared in sterling, which is the functional currency of the entity, and rounded to the nearest £1.

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.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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.

 

Harlequin Homes (High Mead) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

2

Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Stocks

2024
£

2023
£

Work in progress

241,876

241,876

5

Debtors

Note

2024
£

2023
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

1,840

1,840

 

1,840

1,840

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

243,770

243,770

Accruals and deferred income

 

625

625

Other creditors

 

2,660

300

 

247,055

244,695