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REGISTERED NUMBER: 07496659 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

The Harrogate Kitchen Studio Limited

The Harrogate Kitchen Studio Limited (Registered number: 07496659)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


The Harrogate Kitchen Studio Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mr M Warr
Mrs J Warr





REGISTERED OFFICE: 15 Brinklow Way
Harrogate
North Yorkshire
HG2 9JW





REGISTERED NUMBER: 07496659 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

The Harrogate Kitchen Studio Limited (Registered number: 07496659)

Abridged Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 372 728
Investment property 5 397,500 450,000
397,872 450,728

CURRENT ASSETS
Debtors 20,702 10,302
Cash at bank 11,375 15,390
32,077 25,692
CREDITORS
Amounts falling due within one year 330,496 312,951
NET CURRENT LIABILITIES (298,419 ) (287,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,453

163,469

CREDITORS
Amounts falling due after more than one
year

55,605

69,628
NET ASSETS 43,848 93,841

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 43,748 93,741
SHAREHOLDERS' FUNDS 43,848 93,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The Harrogate Kitchen Studio Limited (Registered number: 07496659)

Abridged Balance Sheet - continued
31 January 2025


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mr M Warr - Director


The Harrogate Kitchen Studio Limited (Registered number: 07496659)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

The Harrogate Kitchen Studio 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

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 2 (2024 - 2 ) .

The Harrogate Kitchen Studio Limited (Registered number: 07496659)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024
and 31 January 2025 1,079
DEPRECIATION
At 1 February 2024 351
Charge for year 356
At 31 January 2025 707
NET BOOK VALUE
At 31 January 2025 372
At 31 January 2024 728

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 450,000
Revaluations (52,500 )
At 31 January 2025 397,500
NET BOOK VALUE
At 31 January 2025 397,500
At 31 January 2024 450,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2022 450,000
Valuation in 2024 (52,500 )
397,500

If the investment property had not been revalued it would have been included at the following historical cost:

31.1.25 31.1.24
£    £   
Cost 481,435 481,435

The fair value of investment property is determined using the director's valuation technique, which considers market conditions, comparable sales, and other relevant factors.

The Harrogate Kitchen Studio Limited (Registered number: 07496659)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. SECURED DEBTS

The following secured debts are included within creditors:

31.1.25 31.1.24
£    £   
Bank Loan and overdraft 69,535 83,558

Loans of £69,535 (FY24 - £83,558) are secured by a fixed and floating charge over the assets of the company.

7. DEFERRED TAX
£   
Balance at 1 February 2024 (5,834 )
Credit to Income Statement during year (9,975 )
Balance at 31 January 2025 (15,809 )

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
Mr M Warr and Mrs J Warr
Balance outstanding at start of year (288,431 ) (288,415 )
Amounts advanced (21,574 ) (16 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (310,005 ) (288,431 )

10. RELATED PARTY DISCLOSURES

The director loan of £310,005 represents money advanced to the Company by the directors as at 31 January 2025. The loan is unsecured and interest free. The loan is repayable on demand.