Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Dormant Investment Holding Companytruetrue2023-05-01false5false 14836672 2023-04-30 14836672 2023-05-01 2024-02-28 14836672 2022-05-01 2023-04-30 14836672 2024-02-28 14836672 c:Director1 2023-05-01 2024-02-28 14836672 d:CurrentFinancialInstruments 2024-02-28 14836672 d:Non-currentFinancialInstruments 2024-02-28 14836672 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 14836672 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-28 14836672 d:ShareCapital 2024-02-28 14836672 d:RetainedEarningsAccumulatedLosses 2024-02-28 14836672 c:OrdinaryShareClass1 2023-05-01 2024-02-28 14836672 c:OrdinaryShareClass1 2024-02-28 14836672 c:OrdinaryShareClass2 2023-05-01 2024-02-28 14836672 c:OrdinaryShareClass2 2024-02-28 14836672 c:OrdinaryShareClass3 2023-05-01 2024-02-28 14836672 c:OrdinaryShareClass3 2024-02-28 14836672 c:OrdinaryShareClass4 2023-05-01 2024-02-28 14836672 c:OrdinaryShareClass4 2024-02-28 14836672 c:OrdinaryShareClass5 2023-05-01 2024-02-28 14836672 c:OrdinaryShareClass5 2024-02-28 14836672 c:FRS102 2023-05-01 2024-02-28 14836672 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-02-28 14836672 c:FullAccounts 2023-05-01 2024-02-28 14836672 c:PrivateLimitedCompanyLtd 2023-05-01 2024-02-28 14836672 6 2023-05-01 2024-02-28 14836672 e:PoundSterling 2023-05-01 2024-02-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14836672









WE ARE HARRISON LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2024

 
WE ARE HARRISON LTD
REGISTERED NUMBER: 14836672

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024

2024
Note
£

Fixed assets
  

Investments
 4 
734,863

  
734,863

Current assets
  

Cash at bank and in hand
  
80

  
80

Creditors: amounts falling due within one year
 5 
(328,218)

Net current (liabilities)/assets
  
 
 
(328,138)

Total assets less current liabilities
  
406,725

Creditors: amounts falling due after more than one year
 6 
(408,562)

  

Net (liabilities)/assets
  
(1,837)


Capital and reserves
  

Called up share capital 
  
145

Profit and loss account
  
(1,982)

  
(1,837)


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 comprehensive income 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 on 4 September 2024.




Page 1

 
WE ARE HARRISON LTD
REGISTERED NUMBER: 14836672
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2024

Keith Anderson
Director

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

Page 2

 
WE ARE HARRISON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024

1.


General information

The company is registered in England and Wales. The company's registered office is 15 Coleshill Street, Sutton Coldfield, West Midlands, B72 1SD. The company was incorporated on 1 May 2023 and it's principal activity is that of an investment holding company.

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

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

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 Statement of financial position 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
Page 3

 
WE ARE HARRISON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024

2.Accounting policies (continued)


2.5
Financial instruments (continued)

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.


3.


Employees




The average monthly number of employees, including directors, during the period was 5.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
734,863



At 28 February 2024
734,863





5.


Creditors: Amounts falling due within one year

2024
£

Amounts owed to group undertakings
249,411

Other loans
78,807

328,218


Page 4

 
WE ARE HARRISON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2024

6.


Creditors: Amounts falling due after more than one year

2024
£

Other loans
408,562

408,562


The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2024
£


Repayable by instalments
81,228

81,228

There is no interest charged on the loans due over five years that are repayable by installments until February 2030.


7.


Share capital

2024
£
Allotted, called up and fully paid


781 ordinary 'A' shares shares of £0.01 each
8
4,462 ordinary 'B' shares shares of £0.01 each
45
4,462 ordinary 'C' shares shares of £0.01 each
45
2,342 ordinary 'E' shares shares of £0.01 each
23
1,338 ordinary 'F' shares shares of £0.01 each
13
1,115 ordinary 'G' shares shares of £0.01 each
11

145


On 1 May 2023 the initial shares were issued to a value of £80 in order to establish the capital base of the company. On 29 February 2024 further shares were issued to a value of £65 as part of a share for share exchange.


8.


Related party transactions

The company has taken advantage of the exemption contained within paragraph 33.1A of Financial Reporting Standard 102 and has not disclosed transactions with other group members.

 
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