2023-06-012024-05-312024-05-31false11340942Harbinger Group Holdings Ltd2025-01-2768209falseiso4217:GBPxbrli:pure113409422023-06-01113409422024-05-31113409422023-06-012024-05-31113409422022-06-01113409422023-05-31113409422022-06-012023-05-3111340942bus:SmallEntities2023-06-012024-05-3111340942bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3111340942bus:FullAccounts2023-06-012024-05-3111340942bus:PrivateLimitedCompanyLtd2023-06-012024-05-3111340942core:WithinOneYear2024-05-3111340942core:AfterOneYear2024-05-3111340942core:WithinOneYear2023-05-3111340942core:AfterOneYear2023-05-3111340942core:ShareCapital2024-05-3111340942core:SharePremium2024-05-3111340942core:RevaluationReserve2024-05-3111340942core:OtherReservesSubtotal2024-05-3111340942core:RetainedEarningsAccumulatedLosses2024-05-3111340942core:ShareCapital2023-05-3111340942core:SharePremium2023-05-3111340942core:RevaluationReserve2023-05-3111340942core:OtherReservesSubtotal2023-05-3111340942core:RetainedEarningsAccumulatedLosses2023-05-3111340942core:LandBuildings2024-05-3111340942core:PlantMachinery2024-05-3111340942core:Vehicles2024-05-3111340942core:FurnitureFittings2024-05-3111340942core:OfficeEquipment2024-05-3111340942core:NetGoodwill2024-05-3111340942core:IntangibleAssetsOtherThanGoodwill2024-05-3111340942core:ListedExchangeTraded2024-05-3111340942core:UnlistedNon-exchangeTraded2024-05-3111340942core:LandBuildings2023-05-3111340942core:PlantMachinery2023-05-3111340942core:Vehicles2023-05-3111340942core:FurnitureFittings2023-05-3111340942core:OfficeEquipment2023-05-3111340942core:NetGoodwill2023-05-3111340942core:IntangibleAssetsOtherThanGoodwill2023-05-3111340942core:ListedExchangeTraded2023-05-3111340942core:UnlistedNon-exchangeTraded2023-05-3111340942core:LandBuildings2023-06-012024-05-3111340942core:PlantMachinery2023-06-012024-05-3111340942core:Vehicles2023-06-012024-05-3111340942core:FurnitureFittings2023-06-012024-05-3111340942core:OfficeEquipment2023-06-012024-05-3111340942core:NetGoodwill2023-06-012024-05-3111340942core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3111340942core:ListedExchangeTraded2023-06-012024-05-3111340942core:UnlistedNon-exchangeTraded2023-06-012024-05-3111340942core:MoreThanFiveYears2023-06-012024-05-3111340942core:Non-currentFinancialInstruments2024-05-3111340942core:Non-currentFinancialInstruments2023-05-3111340942dpl:CostSales2023-06-012024-05-3111340942dpl:DistributionCosts2023-06-012024-05-3111340942core:LandBuildings2023-06-012024-05-3111340942core:PlantMachinery2023-06-012024-05-3111340942core:Vehicles2023-06-012024-05-3111340942core:FurnitureFittings2023-06-012024-05-3111340942core:OfficeEquipment2023-06-012024-05-3111340942dpl:AdministrativeExpenses2023-06-012024-05-3111340942core:NetGoodwill2023-06-012024-05-3111340942core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3111340942dpl:GroupUndertakings2023-06-012024-05-3111340942dpl:ParticipatingInterests2023-06-012024-05-3111340942dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3111340942core:ListedExchangeTraded2023-06-012024-05-3111340942dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3111340942core:UnlistedNon-exchangeTraded2023-06-012024-05-3111340942dpl:CostSales2022-06-012023-05-3111340942dpl:DistributionCosts2022-06-012023-05-3111340942core:LandBuildings2022-06-012023-05-3111340942core:PlantMachinery2022-06-012023-05-3111340942core:Vehicles2022-06-012023-05-3111340942core:FurnitureFittings2022-06-012023-05-3111340942core:OfficeEquipment2022-06-012023-05-3111340942dpl:AdministrativeExpenses2022-06-012023-05-3111340942core:NetGoodwill2022-06-012023-05-3111340942core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3111340942dpl:GroupUndertakings2022-06-012023-05-3111340942dpl:ParticipatingInterests2022-06-012023-05-3111340942dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3111340942core:ListedExchangeTraded2022-06-012023-05-3111340942dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3111340942core:UnlistedNon-exchangeTraded2022-06-012023-05-3111340942core:NetGoodwill2024-05-3111340942core:IntangibleAssetsOtherThanGoodwill2024-05-3111340942core:LandBuildings2024-05-3111340942core:PlantMachinery2024-05-3111340942core:Vehicles2024-05-3111340942core:FurnitureFittings2024-05-3111340942core:OfficeEquipment2024-05-3111340942core:AfterOneYear2024-05-3111340942core:WithinOneYear2024-05-3111340942core:ListedExchangeTraded2024-05-3111340942core:UnlistedNon-exchangeTraded2024-05-3111340942core:ShareCapital2024-05-3111340942core:SharePremium2024-05-3111340942core:RevaluationReserve2024-05-3111340942core:OtherReservesSubtotal2024-05-3111340942core:RetainedEarningsAccumulatedLosses2024-05-3111340942core:NetGoodwill2023-05-3111340942core:IntangibleAssetsOtherThanGoodwill2023-05-3111340942core:LandBuildings2023-05-3111340942core:PlantMachinery2023-05-3111340942core:Vehicles2023-05-3111340942core:FurnitureFittings2023-05-3111340942core:OfficeEquipment2023-05-3111340942core:AfterOneYear2023-05-3111340942core:WithinOneYear2023-05-3111340942core:ListedExchangeTraded2023-05-3111340942core:UnlistedNon-exchangeTraded2023-05-3111340942core:ShareCapital2023-05-3111340942core:SharePremium2023-05-3111340942core:RevaluationReserve2023-05-3111340942core:OtherReservesSubtotal2023-05-3111340942core:RetainedEarningsAccumulatedLosses2023-05-3111340942core:NetGoodwill2022-06-0111340942core:IntangibleAssetsOtherThanGoodwill2022-06-0111340942core:LandBuildings2022-06-0111340942core:PlantMachinery2022-06-0111340942core:Vehicles2022-06-0111340942core:FurnitureFittings2022-06-0111340942core:OfficeEquipment2022-06-0111340942core:AfterOneYear2022-06-0111340942core:WithinOneYear2022-06-0111340942core:ListedExchangeTraded2022-06-0111340942core:UnlistedNon-exchangeTraded2022-06-0111340942core:ShareCapital2022-06-0111340942core:SharePremium2022-06-0111340942core:RevaluationReserve2022-06-0111340942core:OtherReservesSubtotal2022-06-0111340942core:RetainedEarningsAccumulatedLosses2022-06-0111340942core:AfterOneYear2023-06-012024-05-3111340942core:WithinOneYear2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3111340942core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3111340942core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3111340942core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3111340942core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3111340942core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3111340942bus:Director12023-06-012024-05-3111340942bus:Director22023-06-012024-05-31

Harbinger Group Holdings Ltd

Registered Number
11340942
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

Harbinger Group Holdings Ltd
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

Christopher Noah Nimmo
Douglas Stuart Fraser West

Company Secretary

Michael Charles Keatley

Registered Address

Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF

Registered Number

11340942 (England and Wales)
Harbinger Group Holdings Ltd
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investments38,746,70510,147,630
8,746,70510,147,630
Current assets
Debtors963,7991,014,280
Cash at bank and on hand4482,647
964,2471,016,927
Creditors amounts falling due within one year4(50,000)-
Net current assets (liabilities)914,2471,016,927
Total assets less current liabilities9,660,95211,164,557
Creditors amounts falling due after one year5(200,630)(200,630)
Net assets9,460,32210,963,927
Capital and reserves
Called up share capital1,0001,000
Revaluation reserve8,746,07510,147,000
Other reserves(118,000)(118,000)
Profit and loss account831,247933,927
Shareholders' funds9,460,32210,963,927
The financial statements were approved and authorised for issue by the Board of Directors on 27 January 2025, and are signed on its behalf by:
Christopher Noah Nimmo
Director
Registered Company No. 11340942
Harbinger Group Holdings Ltd
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year12
3.Fixed asset investments
The Company owns 63% of the issued shares in Harbinger Custodian Self-Storage Holdings Limited - Co. Nr. 11344666.

Investments in groups1

Total

££
Cost or valuation
At 01 June 2310,147,63010,147,630
Revaluations(1,400,925)(1,400,925)
At 31 May 248,746,7058,746,705
Net book value
At 31 May 248,746,7058,746,705
At 31 May 2310,147,63010,147,630

Notes

1Investments in group undertakings and participating interests
4.Creditors: amounts due within one year

2024

2023

££
Accrued liabilities and deferred income50,000-
Total50,000-
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Other creditors200,630200,630
Total200,630200,630