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REGISTERED NUMBER: 07072131 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Stuart Harris Associates Limited

Stuart Harris Associates Limited (Registered number: 07072131)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stuart Harris Associates Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: S S Harris FCCA





REGISTERED OFFICE: Woodside House
22 Guildown Avenue
Woodside Park
London
N12 7DQ





REGISTERED NUMBER: 07072131 (England and Wales)





ACCOUNTANTS: Stuart Harris Associates
Chartered Certified Accountants
and Statutory Auditors
Woodside House
22 Guildown Avenue
Woodside Park
London
N12 7DQ

Stuart Harris Associates Limited (Registered number: 07072131)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 10,165
Tangible assets 5 6,116 379
6,116 10,544

CURRENT ASSETS
Stocks 50,000 78,500
Debtors 6 262,267 232,191
Cash at bank 187,304 190,001
499,571 500,692
CREDITORS
Amounts falling due within one year 7 36,520 33,340
NET CURRENT ASSETS 463,051 467,352
TOTAL ASSETS LESS CURRENT LIABILITIES 469,167 477,896

CREDITORS
Amounts falling due after more than one
year

8

(477,781

)

(475,409

)

PROVISIONS FOR LIABILITIES - (72 )
NET (LIABILITIES)/ASSETS (8,614 ) 2,415

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,714 ) 2,315
SHAREHOLDERS' FUNDS (8,614 ) 2,415

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Stuart Harris Associates Limited (Registered number: 07072131)

Balance Sheet - continued
31 March 2025


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 April 2025 and were signed by:





S S Harris FCCA - Director


Stuart Harris Associates Limited (Registered number: 07072131)

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

1. STATUTORY INFORMATION

Stuart Harris Associates 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

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.
Plant and machinery etc - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Stuart Harris Associates Limited (Registered number: 07072131)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 239,221
AMORTISATION
At 1 April 2024 229,056
Charge for year 10,165
At 31 March 2025 239,221
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 10,165

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 50,639
Additions 7,190
At 31 March 2025 57,829
DEPRECIATION
At 1 April 2024 50,260
Charge for year 1,453
At 31 March 2025 51,713
NET BOOK VALUE
At 31 March 2025 6,116
At 31 March 2024 379

Stuart Harris Associates Limited (Registered number: 07072131)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 83,331 82,903
Other debtors 178,936 149,288
262,267 232,191

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 4,375 2,159
Taxation and social security 31,947 31,001
Other creditors 198 180
36,520 33,340

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 477,781 475,409

9. ULTIMATE CONTROLLING PARTY

The controlling party is S S Harris FCCA.