BrightAccountsProduction v1.0.0 v1.0.0 2023-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the running of a guest house. 20 August 2024 04662496 2024-03-31 04662496 2023-03-31 04662496 2022-03-31 04662496 2023-04-01 2024-03-31 04662496 2022-04-01 2023-03-31 04662496 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04662496 uk-curr:PoundSterling 2023-04-01 2024-03-31 04662496 uk-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04662496 uk-bus:AbridgedAccounts 2023-04-01 2024-03-31 04662496 uk-core:ShareCapital 2024-03-31 04662496 uk-core:ShareCapital 2023-03-31 04662496 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 04662496 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 04662496 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 04662496 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 04662496 uk-bus:FRS102 2023-04-01 2024-03-31 04662496 uk-core:Goodwill 2023-04-01 2024-03-31 04662496 uk-core:LandBuildings 2023-04-01 2024-03-31 04662496 uk-core:Buildings 2023-04-01 2024-03-31 04662496 uk-core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 04662496 uk-core:Goodwill 2023-03-31 04662496 uk-core:Goodwill 2024-03-31 04662496 2023-04-01 2024-03-31 04662496 uk-bus:Director1 2023-04-01 2024-03-31 04662496 uk-bus:CompanySecretaryDirector1 2023-04-01 2024-03-31 04662496 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Harris (Weymouth) Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2024



Harris (Weymouth) Limited
Company Registration Number: 04662496
ABRIDGED BALANCE SHEET
as at 31 March 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 5 248,650 249,179
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Current Assets
Debtors - 6,991
Cash at bank and in hand 617 3,061
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617 10,052
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Creditors: amounts falling due within one year (30,704) (17,872)
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Net Current Liabilities (30,087) (7,820)
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Total Assets less Current Liabilities 218,563 241,359
 
Creditors:
amounts falling due after more than one year (160,249) (181,348)
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Net Assets 58,314 60,011
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Capital and Reserves
Called up share capital 2 2
Retained earnings 58,312 60,009
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Shareholders' Funds 58,314 60,011
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 20 August 2024 and signed on its behalf by
           
           
________________________________     ________________________________
Mr S Harris     Mrs K Harris
Director     Director
           



Harris (Weymouth) Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2024

   
1. General Information
 
Harris (Weymouth) Limited is a company limited by shares incorporated in the United Kingdom.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover represents the total invoice value of sales made during the year.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 7 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - nil
  Short leasehold property - nil
  Fixtures, fittings and equipment - 15% reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2023 - 2).
 
  2024 2023
  Number Number
 
Director 1 1
Employee 1 1
  ───────── ─────────
  2 2
  ═════════ ═════════
       
4. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 April 2023 115,000 115,000
  ───────── ─────────
 
At 31 March 2024 115,000 115,000
  ───────── ─────────
Amortisation
 
At 31 March 2024 115,000 115,000
  ───────── ─────────
Net book value
At 31 March 2024 - -
  ═════════ ═════════
           
5. Tangible assets
  Land and Short Fixtures, Total
  buildings leasehold fittings and  
  freehold property equipment  
  £ £ £ £
Cost
At 1 April 2023 235,654 10,000 30,884 276,538
  ───────── ───────── ───────── ─────────
 
At 31 March 2024 235,654 10,000 30,884 276,538
  ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2023 - - 27,359 27,359
Charge for the financial year - - 529 529
  ───────── ───────── ───────── ─────────
At 31 March 2024 - - 27,888 27,888
  ───────── ───────── ───────── ─────────
Net book value
At 31 March 2024 235,654 10,000 2,996 248,650
  ═════════ ═════════ ═════════ ═════════
At 31 March 2023 235,654 10,000 3,525 249,179
  ═════════ ═════════ ═════════ ═════════