Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30132023-05-01falseMarketing consultancy services7falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09561399 2023-05-01 2024-06-30 09561399 2022-05-01 2023-04-30 09561399 2024-06-30 09561399 2023-04-30 09561399 c:Director1 2023-05-01 2024-06-30 09561399 d:PlantMachinery 2023-05-01 2024-06-30 09561399 d:PlantMachinery 2024-06-30 09561399 d:PlantMachinery 2023-04-30 09561399 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-06-30 09561399 d:OfficeEquipment 2023-05-01 2024-06-30 09561399 d:OfficeEquipment 2024-06-30 09561399 d:OfficeEquipment 2023-04-30 09561399 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-06-30 09561399 d:OwnedOrFreeholdAssets 2023-05-01 2024-06-30 09561399 d:CurrentFinancialInstruments 2024-06-30 09561399 d:CurrentFinancialInstruments 2023-04-30 09561399 d:Non-currentFinancialInstruments 2024-06-30 09561399 d:Non-currentFinancialInstruments 2023-04-30 09561399 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09561399 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09561399 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09561399 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 09561399 d:ShareCapital 2024-06-30 09561399 d:ShareCapital 2023-04-30 09561399 d:RetainedEarningsAccumulatedLosses 2024-06-30 09561399 d:RetainedEarningsAccumulatedLosses 2023-04-30 09561399 c:FRS102 2023-05-01 2024-06-30 09561399 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-06-30 09561399 c:FullAccounts 2023-05-01 2024-06-30 09561399 c:PrivateLimitedCompanyLtd 2023-05-01 2024-06-30 09561399 e:PoundSterling 2023-05-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 09561399








HARBOUR COLLECTIVE LIMITED

UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
HARBOUR COLLECTIVE LIMITED
REGISTERED NUMBER: 09561399

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
30 April
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,685
11,098

  
1,685
11,098

Current assets
  

Stocks
  
-
1,086,389

Debtors: amounts falling due within one year
 5 
847,952
992,038

Cash at bank and in hand
  
2,971
64,306

  
850,923
2,142,733

Creditors: amounts falling due within one year
 6 
(514,812)
(1,709,855)

Net current assets
  
 
 
336,111
 
 
432,878

Total assets less current liabilities
  
337,796
443,976

Creditors: amounts falling due after more than one year
 7 
-
(176,966)

  

Net assets
  
337,796
267,010


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
337,496
266,710

  
337,796
267,010


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
 
Page 1

 
HARBOUR COLLECTIVE LIMITED
REGISTERED NUMBER: 09561399
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 March 2025.





P. D. Hammersley
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HARBOUR COLLECTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Harbour Collective Limited is a private company limited by share capital, incorporated in England, registration number 09561399. The address of the registered office is 30 Orange Street, London, WC2H 7HF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured.  Turnover represents the fees received for the year.

Page 3

 
HARBOUR COLLECTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
HARBOUR COLLECTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
Over 4 years
Office equipment
-
Over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value. Cost includes all direct costs. Work in progress includes labour and attributable overheads.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of the reporting period for objective evidence of impairment. If objective evidence of impairment is found, the impairment loss is recognised in the Statement of Comprehensive Income.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet if there is an enforceable right to set off the recognised amounts and there is an intention to settle net basis or
Page 5

 
HARBOUR COLLECTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

to realise the asset and settle the liability simultaneously.



3.


Employees

The average monthly number of employees, including directors, during the period was 7 (2023 - 13).


4.


Tangible fixed assets







Computer Equipment
Office equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
21,875
47,780
69,655


Disposals
-
(30,898)
(30,898)



At 30 June 2024

21,875
16,882
38,757



Depreciation


At 1 May 2023
21,875
36,683
58,558


Charge for the period on owned assets
-
6,724
6,724


Disposals
-
(28,210)
(28,210)



At 30 June 2024

21,875
15,197
37,072



Net book value



At 30 June 2024
-
1,685
1,685



At 30 April 2023
-
11,098
11,098

Page 6

 
HARBOUR COLLECTIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Debtors

30 June
30 April
2024
2023
£
£


Trade debtors
12,573
121,739

Other debtors
835,379
866,975

Prepayments and accrued income
-
3,324

847,952
992,038



6.


Creditors: Amounts falling due within one year

30 June
30 April
2024
2023
£
£

Trade creditors
193,540
250,765

Corporation tax
80,345
56,595

Other taxation and social security
2,044
82,945

Other creditors
226,803
1,235,226

Accruals and deferred income
12,080
84,324

514,812
1,709,855



7.


Creditors: Amounts falling due after more than one year

30 June
30 April
2024
2023
£
£

Other loans
-
176,966

-
176,966



8.


Controlling party

Harbour Group Holdings Limited (formerly The Collective Company Holdings Limited), a company regsitered in the United Kingdom, is deemed to be the controlling party of the company by virtue of their 100% holding in the ordinary share capital of the company.

 
Page 7