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REGISTERED NUMBER: 07221137 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

HARRABIN CONSULTANCY LIMITED

HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARRABIN CONSULTANCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTOR: P J Harrabin





REGISTERED OFFICE: Cavanagh House
High Street
Handcross
Haywards Heath
RH17 6BN





REGISTERED NUMBER: 07221137 (England and Wales)






HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 30,342 40,455
Investments 6 270,000 350,829
300,342 391,284

CURRENT ASSETS
Stocks 7 108,000 -
Debtors 8 2,219,584 2,120,098
Cash at bank and in hand 8,950 88,526
2,336,534 2,208,624
CREDITORS
Amounts falling due within one year 9 (993,361 ) (887,867 )
NET CURRENT ASSETS 1,343,173 1,320,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,643,515

1,712,041

CREDITORS
Amounts falling due after more than one
year

10

(122,500

)

(169,380

)
NET ASSETS 1,521,015 1,542,661

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 1,521,010 1,542,656
SHAREHOLDERS' FUNDS 1,521,015 1,542,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

BALANCE SHEET - continued
31ST MARCH 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th November 2024 and were signed by:





P J Harrabin - Director


HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Harrabin Consultancy 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures fittings & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2022
and 31st March 2023 422,000
AMORTISATION
At 1st April 2022
and 31st March 2023 422,000
NET BOOK VALUE
At 31st March 2023 -
At 31st March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1st April 2022
and 31st March 2023 79,449 123,300 202,749
DEPRECIATION
At 1st April 2022 74,671 87,623 162,294
Charge for year 1,194 8,919 10,113
At 31st March 2023 75,865 96,542 172,407
NET BOOK VALUE
At 31st March 2023 3,584 26,758 30,342
At 31st March 2022 4,778 35,677 40,455

HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st April 2022 350,829
Additions 6,154
Disposals (86,983 )
At 31st March 2023 270,000
NET BOOK VALUE
At 31st March 2023 270,000
At 31st March 2022 350,829

7. STOCKS
2023 2022
£    £   
Work-in-progress 108,000 -

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 94,586 171,184
Other debtors and prepayments 86,699 95,564
Other loans 1,928,855 1,838,509
Directors' current accounts 93,908 -
Deferred tax asset 15,536 14,841
2,219,584 2,120,098

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 11) 93,297 53,667
Tax 166,047 142,065
Social security and other taxes 76,842 34,791
VAT 637,149 600,038
Other creditors and accruals 20,026 57,122
Directors' current accounts - 184
993,361 887,867

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 11) 122,500 169,380

HARRABIN CONSULTANCY LIMITED (REGISTERED NUMBER: 07221137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

11. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 53,297 23,047
Bank loans 40,000 30,620
93,297 53,667

Amounts falling due between two and five years:
Bank loans - 2-5 years 122,500 169,380