IRIS Accounts Production v24.3.2.46 09836093 director 1.11.23 31.10.24 31.10.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098360932023-10-31098360932024-10-31098360932023-11-012024-10-31098360932022-10-31098360932022-11-012023-10-31098360932023-10-3109836093ns15:EnglandWales2023-11-012024-10-3109836093ns14:PoundSterling2023-11-012024-10-3109836093ns10:Director12023-11-012024-10-3109836093ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3109836093ns10:SmallEntities2023-11-012024-10-3109836093ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3109836093ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3109836093ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3109836093ns10:FullAccounts2023-11-012024-10-3109836093ns10:RegisteredOffice2023-11-012024-10-3109836093ns5:CurrentFinancialInstruments2024-10-3109836093ns5:CurrentFinancialInstruments2023-10-3109836093ns5:Non-currentFinancialInstruments2024-10-3109836093ns5:Non-currentFinancialInstruments2023-10-3109836093ns5:ShareCapital2024-10-3109836093ns5:ShareCapital2023-10-3109836093ns5:FurtherSpecificReserve3ComponentTotalEquity2024-10-3109836093ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-3109836093ns5:RetainedEarningsAccumulatedLosses2024-10-3109836093ns5:RetainedEarningsAccumulatedLosses2023-10-3109836093ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-10-3109836093ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-10-3109836093ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-10-3109836093ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3109836093ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-10-3109836093ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-10-3109836093ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-31
REGISTERED NUMBER: 09836093 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Harborne Maine Limited

Harborne Maine Limited (Registered number: 09836093)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Harborne Maine Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: R Ahmed





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 09836093 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Harborne Maine Limited (Registered number: 09836093)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 310,000 310,000

CURRENT ASSETS
Debtors 5 41,624 50,165
Cash at bank 11,341 3,857
52,965 54,022
CREDITORS
Amounts falling due within one year 6 10,415 19,437
NET CURRENT ASSETS 42,550 34,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,550

344,585

CREDITORS
Amounts falling due after more than one
year

7

(15,008

)

(18,012

)

PROVISIONS FOR LIABILITIES (10,083 ) (13,095 )
NET ASSETS 327,459 313,478

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 8 39,288 39,288
Retained earnings 288,170 274,189
SHAREHOLDERS' FUNDS 327,459 313,478

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

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

Harborne Maine Limited (Registered number: 09836093)

Balance Sheet - continued
31 October 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 director and authorised for issue on 14 January 2025 and were signed by:





R Ahmed - Director


Harborne Maine Limited (Registered number: 09836093)

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

1. STATUTORY INFORMATION

Harborne Maine 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.

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

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.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties whose fair value can be measured reliably are measured at fair value. The surplus or deficit on revaluation is recognised in the profit and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

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.


Harborne Maine Limited (Registered number: 09836093)

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

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 310,000
NET BOOK VALUE
At 31 October 2024 310,000
At 31 October 2023 310,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 52,383
Cost 257,617
310,000

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Prepayments and accrued income 1,029 1,205

Amounts falling due after more than one year:
Other debtors 40,595 48,960

Aggregate amounts 41,624 50,165

Harborne Maine Limited (Registered number: 09836093)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,004 2,930
Tax 1,658 507
VAT 48 1,311
Other creditors - 9,364
Accruals and deferred income 5,705 5,325
10,415 19,437

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 3,080 3,004
Bank loans - 2-5 years 11,928 12,795
Bank loans more 5 yr by instal - 2,213
15,008 18,012

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,213

8. RESERVES
Fair
value
reserve
£   
At 1 November 2023
and 31 October 2024 39,288