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REGISTERED NUMBER: 11211362 (England and Wales)



Financial Statements for the Year Ended 29 February 2024

for

Harperwood Homes Ltd

Harperwood Homes Ltd (Registered number: 11211362)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Harperwood Homes Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: R J O'Neill





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 11211362 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

Harperwood Homes Ltd (Registered number: 11211362)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 89,693 40,338
Investment property 5 1,868,247 1,241,007
1,957,940 1,281,345

CURRENT ASSETS
Cash at bank 16,681 292,585

CREDITORS
Amounts falling due within one year 6 (1,880,605 ) (1,514,568 )
NET CURRENT LIABILITIES (1,863,924 ) (1,221,983 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,016

59,362

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 93,916 59,262
SHAREHOLDERS' FUNDS 94,016 59,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:



R J O'Neill - Director


Harperwood Homes Ltd (Registered number: 11211362)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

Harperwood Homes Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Harperwood Homes Ltd (Registered number: 11211362)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 62,456
Additions 71,778
At 29 February 2024 134,234
DEPRECIATION
At 1 March 2023 22,118
Charge for year 22,423
At 29 February 2024 44,541
NET BOOK VALUE
At 29 February 2024 89,693
At 28 February 2023 40,338

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 1,241,007
Additions 627,240
At 29 February 2024 1,868,247
NET BOOK VALUE
At 29 February 2024 1,868,247
At 28 February 2023 1,241,007

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors (1 ) (2 )
Other Creditors - 248
Amounts owed to participating interests 1,091,720 844,188
Tax - 7,286
Directors' current accounts 785,566 659,548
Accrued expenses 3,320 3,300
1,880,605 1,514,568

Harperwood Homes Ltd (Registered number: 11211362)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 ORDINARY £1.00 100 100