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REGISTERED NUMBER: 04686785 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 30 June 2024

for

G & R Harris Limited

G & R Harris Limited (Registered number: 04686785)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G & R Harris Limited

Company Information
for the Period 1 April 2023 to 30 June 2024







DIRECTOR: P A Harris





SECRETARY: Mrs E Harris





REGISTERED OFFICE: Oaks Yard
Nutbourne
Chichester
West Sussex
PO18 8RL





REGISTERED NUMBER: 04686785 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

G & R Harris Limited (Registered number: 04686785)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 56,263

CURRENT ASSETS
Stocks - 169,839
Debtors 5 19,962 24,729
Cash at bank and in hand 16,720 2,819
36,682 197,387
CREDITORS
Amounts falling due within one year 6 95,764 184,998
NET CURRENT (LIABILITIES)/ASSETS (59,082 ) 12,389
TOTAL ASSETS LESS CURRENT
LIABILITIES

(59,082

)

68,652

CREDITORS
Amounts falling due after more than one
year

7

-

(43,311

)

PROVISIONS FOR LIABILITIES - (10,689 )
NET (LIABILITIES)/ASSETS (59,082 ) 14,652

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings (59,482 ) 14,252
SHAREHOLDERS' FUNDS (59,082 ) 14,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

G & R Harris Limited (Registered number: 04686785)

Balance Sheet - continued
30 June 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 March 2025 and were signed by:





P A Harris - Director


G & R Harris Limited (Registered number: 04686785)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 June 2024

1. STATUTORY INFORMATION

G & R Harris 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 net invoiced sale of goods.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 4% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 4% on cost

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 period 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 period 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.

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.

G & R Harris Limited (Registered number: 04686785)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 26,565 407,192 433,757
Disposals (26,565 ) (407,192 ) (433,757 )
At 30 June 2024 - - -
DEPRECIATION
At 1 April 2023 3,189 374,305 377,494
Eliminated on disposal (3,189 ) (374,305 ) (377,494 )
At 30 June 2024 - - -
NET BOOK VALUE
At 30 June 2024 - - -
At 31 March 2023 23,376 32,887 56,263

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,350 -
Amounts recoverable on contract - 1,500
Other debtors 6,612 23,229
19,962 24,729

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 44,388
Trade creditors 1,203 -
Taxation and social security 4,097 19,327
Other creditors 90,464 121,283
95,764 184,998

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 43,311

8. SECURED DEBTS

The bank overdraft is secured by a personal guarantee given by the director P Harris.

G & R Harris Limited (Registered number: 04686785)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 June 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 June 2024 and the year ended 31 March 2023:

2024 2023
£    £   
P A Harris
Balance outstanding at start of period 17,974 -
Amounts advanced - 17,974
Amounts repaid (17,974 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 17,974

10. RELATED PARTY DISCLOSURES

The company occupies land owned by A Harris rent free.