IRIS Accounts Production v24.3.0.553 05556042 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055560422023-08-31055560422024-08-31055560422023-09-012024-08-31055560422022-08-31055560422022-09-012023-08-31055560422023-08-3105556042ns15:EnglandWales2023-09-012024-08-3105556042ns14:PoundSterling2023-09-012024-08-3105556042ns10:Director12023-09-012024-08-3105556042ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3105556042ns10:SmallEntities2023-09-012024-08-3105556042ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3105556042ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3105556042ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3105556042ns10:FullAccounts2023-09-012024-08-3105556042ns10:Director22023-09-012024-08-3105556042ns10:CompanySecretary12023-09-012024-08-3105556042ns10:RegisteredOffice2023-09-012024-08-3105556042ns5:CurrentFinancialInstruments2024-08-3105556042ns5:CurrentFinancialInstruments2023-08-3105556042ns5:ShareCapital2024-08-3105556042ns5:ShareCapital2023-08-3105556042ns5:RetainedEarningsAccumulatedLosses2024-08-3105556042ns5:RetainedEarningsAccumulatedLosses2023-08-3105556042ns5:PlantMachinery2023-09-012024-08-3105556042ns5:PlantMachinery2023-08-3105556042ns5:PlantMachinery2024-08-3105556042ns5:PlantMachinery2023-08-31
REGISTERED NUMBER: 05556042 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 August 2024

for

Harrop & Associates (Marple) Limited

Harrop & Associates (Marple) Limited (Registered number: 05556042)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Harrop & Associates (Marple) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Dr D R Harrop
J C R Harrop





SECRETARY: Dr D R Harrop





REGISTERED OFFICE: Pinewood
Homestead Road
Disley
Stockport
Cheshire
SK12 2JN





REGISTERED NUMBER: 05556042 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Harrop & Associates (Marple) Limited (Registered number: 05556042)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,375 41,062
Investment property 5 1,430,000 1,430,000
1,457,375 1,471,062

CURRENT ASSETS
Cash at bank 112,036 68,441

CREDITORS
Amounts falling due within one
year

6

222,713

266,445
NET CURRENT LIABILITIES (110,677 ) (198,004 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,346,698

1,273,058

PROVISIONS FOR LIABILITIES 94,510 97,932
NET ASSETS 1,252,188 1,175,126

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,251,188 1,174,126
SHAREHOLDERS' FUNDS 1,252,188 1,175,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

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

Harrop & Associates (Marple) Limited (Registered number: 05556042)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





Dr D R Harrop - Director


Harrop & Associates (Marple) Limited (Registered number: 05556042)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Harrop & Associates (Marple) 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.
Plant and machinery etc - 25% on cost

Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit and loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Harrop & Associates (Marple) Limited (Registered number: 05556042)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 66,503
DEPRECIATION
At 1 September 2023 25,441
Charge for year 13,687
At 31 August 2024 39,128
NET BOOK VALUE
At 31 August 2024 27,375
At 31 August 2023 41,062

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 1,430,000
NET BOOK VALUE
At 31 August 2024 1,430,000
At 31 August 2023 1,430,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2021 350,666
Cost 1,079,334
1,430,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 1,079,334 1,079,334

Investment property was valued on an open market basis basis on 10 August 2021 by Ian Tonge Property Services Limited .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Taxation and social security 29,100 9,837
Other creditors 193,613 256,608
222,713 266,445

Harrop & Associates (Marple) Limited (Registered number: 05556042)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end date, the company owed the directors £182,938 (2023: £247,419).

No interest is paid on the loan and no security given. The loan is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the board of directors.