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COMPANY REGISTRATION NUMBER: 03673355
HARRIS & HARRIS (RETAIL) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 October 2023
HARRIS & HARRIS (RETAIL) LIMITED
STATEMENT OF FINANCIAL POSITION
31 October 2023
2023
2022
Note
£
£
£
Current assets
Debtors
4
7,756
9,996
Cash at bank and in hand
87
584
-------
--------
7,843
10,580
Creditors: amounts falling due within one year
5
( 5,333)
( 6,249)
-------
--------
Net current assets
2,510
4,331
-------
-------
Total assets less current liabilities
2,510
4,331
Creditors: amounts falling due after more than one year
6
( 12,779)
( 12,779)
--------
--------
Net liabilities
( 10,269)
( 8,448)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 10,369)
( 8,548)
--------
-------
Shareholders deficit
( 10,269)
( 8,448)
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
HARRIS & HARRIS (RETAIL) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 October 2023
These financial statements were approved by the board of directors and authorised for issue on 6 April 2025 , and are signed on behalf of the board by:
J. M. Harris
Director
Company registration number: 03673355
HARRIS & HARRIS (RETAIL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Parkside, Mill Hill, London, NW7 2LH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have also been prepared on the going concern basis. The director considers the going concern basis to be appropriate as he has confirmed his ongoing support of the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods supplied, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
4. Debtors
2023
2022
£
£
Other debtors
7,756
9,996
-------
-------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
4,261
4,259
Other creditors
1,072
1,990
-------
-------
5,333
6,249
-------
-------
6. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
12,779
12,779
--------
--------