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REGISTERED NUMBER: 03865094 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

G A HARPER LIMITED

G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G A HARPER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: G A Harper
S C Harper





SECRETARY: Mrs Y Harper





REGISTERED OFFICE: The Directors, G A Harper Limited
Gwynfa House
677 Princes Road
Dartford
Kent
DA2 6EF





REGISTERED NUMBER: 03865094 (England and Wales)





ACCOUNTANTS: Kelley & Lowe Limited
Gwynfa House
677 Princes Road
Dartford
Kent
DA2 6EF

G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 248,757 195,950

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 2,757,800 2,247,888
Cash at bank and in hand 1,895,330 1,525,149
4,658,130 3,778,037
CREDITORS
Amounts falling due within one year 6 1,875,473 1,582,158
NET CURRENT ASSETS 2,782,657 2,195,879
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,031,414

2,391,829

CREDITORS
Amounts falling due after more than one
year

7

(85,132

)

(66,748

)

PROVISIONS FOR LIABILITIES (62,189 ) (48,987 )
NET ASSETS 2,884,093 2,276,094

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,883,993 2,275,994
SHAREHOLDERS' FUNDS 2,884,093 2,276,094

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 directors acknowledge their 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.

G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





G A Harper - Director


G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

G A Harper 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 represents the amount derived from ordinary activities and is stated after trade discounts and net of value added tax.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


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.

Long term contracts
Profit on long term contracts is taken as the work is carried out, provided that the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Full provision is made for losses on all contracts in the year in which they are first foreseen.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2023 - 45 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 March 2023 83,329 344,699 48,256 476,284
Additions - 140,193 - 140,193
Disposals - (53,320 ) - (53,320 )
At 29 February 2024 83,329 431,572 48,256 563,157
DEPRECIATION
At 1 March 2023 63,515 170,285 46,534 280,334
Charge for year 4,953 72,994 429 78,376
Eliminated on disposal - (44,310 ) - (44,310 )
At 29 February 2024 68,468 198,969 46,963 314,400
NET BOOK VALUE
At 29 February 2024 14,861 232,603 1,293 248,757
At 28 February 2023 19,814 174,414 1,722 195,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 2,059,959 2,058,218
Other debtors 697,841 189,670
2,757,800 2,247,888

G A HARPER LIMITED (REGISTERED NUMBER: 03865094)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts (see note 8) 74,010 41,369
Trade creditors 673,846 709,985
Taxation and social security 763,625 445,560
Other creditors 363,992 385,244
1,875,473 1,582,158

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Hire purchase contracts (see note 8) 85,132 66,748

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£ £
Net obligations repayable:
Within one year 74,010 41,369
Between one and five years 85,132 66,748
159,142 108,117

Non-cancellable
operating leases
2024 2023
£ £
Within one year 30,276 29,103
Between one and five years 47,936 39,475
78,212 68,578

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made short-term, unsecured loans to directors which are repayable on demand and interest free. The balances owed to the company at the year-end totalled £189,324 and are repayable by 30 November 2024. The company also made a short-term, unsecured loan to a close family member of a director which is repayable on demand and interest free. The balance owed to the company at the year-end was £388,179 and is repayable by 28 February 2025.