Company registration number: 5247589
Unaudited financial statements
for the year ended 31 March 2024
for
Harrow-Middlesex Developments Ltd
Pages for filing with the Registrar
Company registration number: 5247589
Harrow-Middlesex Developments Ltd
Balance sheet
as at 31 March 2024
31 Mar 24 31 Mar 23
Note £ £ £ £
Fixed assets
Tangible assets 4 1,503,374 1,481,498
1,503,374 1,481,498
Current assets
Debtors 91,394 2,239
Cash at bank and in hand 29,339 129,524
120,733 131,763
Creditors: amounts falling due within
one year
(124,008) (128,903)
Net current (liabilities)/assets (3,275) 2,860
Total assets less current liabilities 1,500,099 1,484,358
Creditors: Amounts falling due after
more than one year
(627,422) (627,340)
NET ASSETS 872,677 857,018
Capital and reserves
Called up share capital 100 100
Profit and loss account 872,577 856,918
TOTAL EQUITY 872,677 857,018
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 5247589
Harrow-Middlesex Developments Ltd
Balance sheet - continued
as at 31 March 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 9 January 2025 and signed on its behalf by:
Mrs N Sherry, Director
9 January 2025
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Harrow-Middlesex Developments Ltd
Notes to the financial statements
for the year ended 31 March 2024
1 Company information
Harrow-Middlesex Developments Ltd is a private company registered in England and Wales. Its registered number is 5247589. The company is limited by shares. Its registered office is Hillier Hopkins LLP, Radius House, Watford, Hertfordshire, WD17 1HP.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 Average number of employees
During the year the average number of employees was 2 (2023 - 2).
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Harrow-Middlesex Developments Ltd
Notes to the financial statements - continued
for the year ended 31 March 2024
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 April 2023 1,481,000 30,435 1,511,435
Additions 22,000 - 22,000
At 31 March 2024 1,503,000 30,435 1,533,435
Depreciation
At 1 April 2023 - 29,937 29,937
Charge for year - 124 124
At 31 March 2024 - 30,061 30,061
Net book value
At 31 March 2024 1,503,000 374 1,503,374
At 31 March 2023 1,481,000 498 1,481,498
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the periods ended 31 March 2024 and 31 March 2023.
31 Mar 24 31 Mar 23
£ £
Mr Declan Gerard Sherry
Balance outstanding at start of year - -
Amounts repaid - -
Balance outstanding at end of year - -
N/A
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