Company Registration Number
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HARRON HOMES LIMITED
COMPANY INFORMATION
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HARRON HOMES LIMITED
CONTENTS
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HARRON HOMES LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
Harron Homes Limited has had a satisfactory year of business operations during the year ended 31 December 2024. Turnover has decreased to £160,854,000 (2023: decreased to £162,853,000). Profit before tax has decreased to £7,524,000 (2023: decreased to £25,063,000). The decreases in both turnover and profit are due to the number of homes being sold decreasing, due to the continued slowdown in the UK housing market, cost price increases and higher sales incentive levels.
Customer demand remained flat throughout 2024, however, we have seen an improvement in sales rates since the start of 2025, and we are monitoring the progress of the sales market carefully. During the year, Harron Homes successfully acquired several high-quality new sites within the Company’s areas of operations. These new sites ensure the continued future delivery of much-needed new homes to our customers.
The following are considered to be the principal risks and uncertainties affecting the Company:
• Changes in the general economic climate, which could adversely impact the UK housing market; • Shifts in customer demand, requiring new product development or changes to existing products and scheme design criteria; • Sourcing sufficient new parcels of high quality land for future development; • Obtaining planning permission for new developments, in accordance with scheme appraisals and in a timely manner; • Recruiting enough skilled, qualified and experienced people to support the Company's growth; • Maintaining and improving quality and customer service standards as the Company's number of active developments increases; • Securing and maintaining committed borrowing facilities for the business on a long-term basis; and • Expanding the supply chain, whilst maintaining quality and controlling costs. The Board and management constantly monitor these risks and uncertainties and develop strategies to ensure that the business is able to respond swiftly and effectively to these and any other challenges as they arise.
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HARRON HOMES LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Turnover for the year ended 31 December 2024 was £160,854,000 (2023: £162,853,000). Gross profit was £19,855,000 (2023: £38,456,000). Profit before tax was £7,524,000 (2023: £25,063,000).
Financial risk management The Company's activities expose it to a number of financial risks, including liquidity risk and market risk. Liquidity risk In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the Company uses a mixture of long-term and short-term debt finance, which are made available to the Company through its group banking facility (see note 2.3 to the Financial Statements). The Company has agreed set interest rates in place within its banking facilities, linked to bank base rate. Market risk A downturn in the UK housing market could have various impacts on the business, including downward pressure on sales prices and volumes and consequently on profit margins. Management constantly monitor economic indicators in the economy as a whole, as well as detailed, up to date information on the current sales performance of the business. A range of forecasts of various sensitivities are prepared to assess the impact of various economic scenarios on the business and to ensure that at all times it is able to withstand the effects of any downturn. Mitigating measures available include restricting investment in land, slowing down construction and reducing the overhead base.
This report was approved by the board and signed on its behalf.
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HARRON HOMES LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements and other information included in Directors' Reports may differ from legislation in other jurisdictions.
The profit for the year, after taxation, amounted to £5,584,000 (2023: £19,480,000).
Dividends of £4,259,000 have been paid in the year (2023: £7,689,000).
The directors who served during the year were:
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HARRON HOMES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Company aims to prevent any possible adverse effects upon the environment and people arising from its activities. Strict guidelines on cleaning up any land contamination and remediation are followed and only licensed, approved, specialist waste disposal contractors are used.
The Directors intend to continue the ongoing operations of the current business model.
The Company meet their day to day working capital requirements through a Group banking facility, which is next due to be reviewed on 28 March 2027. The directors have prepared forecasts up to the year ending 31 December 2026 which take into account reasonable possible changes in trading.
A range of sensitivities and scenarios have been considered and modelled against the current banking facilities that are currently in place. Current company trading forecasts and cashflow modelling indicated that for the period of more than 12 months from the date of signing of the accounts the directors are completely satisfied and confident that the business has adequate resources to continue to trade beyond this period and thus the business is able to continue to adopt the going concern basis in preparation of the director report and the financial statements. The directors have also considered the potential effects of current market conditions, based upon the latest available information, and do not consider that it will have a significant impact on the Company's ability to operate as a going concern.
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HARRON HOMES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Under s172 of the Companies Act 2006 directors of UK companies have a duty to promote the success of their Company for the benefit of the members as a whole and, in doing so, have regard to:
a. the likely consequences of any decision in the long term; b. the interests of the Company's employees; c. the need to foster the Company's business relationships with suppliers, customers and others; d. the impact of the Company's operations on the community and the environment; e. the desirability of the Company maintaining a reputation for high standards of business conduct; and f. the need to act fairly between members of the Company. The directors of Harron Homes Limited consider the following areas to be of key importance in its fulfilment of this duty: • carrying out detailed planning and forecasting to ensure the ongoing financial safety of the business; • seeking opportunities, by finding new locations to buy land and build new homes, to grow the business for the benefit of current and future employees, customers and suppliers as well as the wider UK economy; • maintaining the highest standards of integrity and honesty in the Company's dealings with employees, suppliers, the general public and local and national government; • prioritising the maintenance of the highest standards of health and safety and environmental protection through investment in training, equipment, monitoring and external support; • working to constantly maintain and improve the quality of the homes that we build, and providing the best possible aftersales support to our customers; and • listening to feedback from customers in order to identify scope for improvement and to drive to achieve the highest possible reputation for the quality of our designs, standards of construction and customer care. The results of the measures that we have taken in these areas can be seen in: our positive financial results, the increased strength of our Statement of Financial Position and land bank, our excellent health and safety and environmental records, and our improving quality ratings as measured by independent surveys.
The Company's policy is to keep employees informed on matters relevant to them as employees through regular meetings. All employees have access to some form of pension scheme.
The Company's greenhouse gas emissions and energy consumption for the year are disclosed within the consolidated accounts of Harron Group Limited.
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HARRON HOMES LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The auditor, Armstrong Watson Audit Limited, will be proposed for reappointment in accordance with section 487(2) of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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HARRON HOMES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HARRON HOMES LIMITED
We have audited the financial statements of Harron Homes Limited (the 'Company') for the year ended 31 December 2024, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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HARRON HOMES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HARRON HOMES LIMITED (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.
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HARRON HOMES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HARRON HOMES LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below:
∙the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and knowledge of the Company to identify or recognise non-compliance with applicable laws and regulations;
∙we identified the laws and regulations applicable to the Company through discussions with the directors and other management and review of appropriate industry knowledge. Key laws and regulations we identified during the audit were the UK Companies Act 2006, UK tax legislation, Health and Safety legislation and employment law;
∙we assessed the extent of compliance with the laws and regulations identified above by making enquiries of management; and
∙identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
∙making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
∙considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
∙performed analytical procedures as a risk assessment tool to identify any unusual or unexpected relationships;
∙tested journal entries recorded on the Company’s finance system to identify unusual transactions that may indicate override of controls;
∙reviewed key judgements and estimates for any evidence of management bias; and
∙reviewed the application of accounting policies with focus on those with heightened estimation uncertainty.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
∙agreeing financial statement disclosures to underlying supporting documentation; and
∙enquiring of management to identify actual and potential litigation and claims.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
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HARRON HOMES LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HARRON HOMES LIMITED (CONTINUED)
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditor
Leeds
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HARRON HOMES LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
REGISTERED NUMBER: 03012678
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 14 to 28 form part of these financial statements.
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HARRON HOMES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Harron Homes Limited is a private company limited by shares, incorporated and registered in England and Wales. Its registered office is located at Ground Floor, 3 Colton Mill, Bullerthorpe Lane, Leeds, LS15 9JN.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The presentation and functional currency is British Pound Sterling (£).
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Harron Group Limited as at 31 December 2024 and these financial statements may be obtained from Companies House.
The Company meet their day to day working capital requirements through a Group banking facility, which is next due to be reviewed on 28 March 2027. The directors have prepared forecasts up to the year ending 31 December 2026 which take into account reasonable possible changes in trading.
A range of sensitivities and scenarios have been considered and modelled against the current banking facilities that are currently in place. Current company trading forecasts and cashflow modelling indicated that for the period of more than 12 months from the date of signing of the accounts the directors are completely satisfied and confident that the business has adequate resources to continue to trade beyond this period and thus the business is able to continue to adopt the going concern basis in preparation of the director report and the financial statements. The directors have also considered the potential effects of current market conditions, based upon the latest available information, and do not consider that it will have a significant impact on the Company's ability to operate as a going concern.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Turnover comprises revenue recognised by the Company in respect of goods supplied during the year from house building activities, including customer extras, exclusive of Value Added Tax and after sale discounts.
Turnover from house building activities is recognised upon legal completion of each sale. Turnover includes the gain or loss arising on the disposal of part-exchange properties, which is calculated as the difference between the cost of the part-exchange property and its net realisable value. Deposits received in advance from customers are deferred until legal completion of each sale.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Amortisation is provided on the following bases:
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (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:
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.
Stock includes work in progress and part-exchange properties held for sale.
Work in progress balances represent costs incurred on specific developments, net of amounts transferred to cost of sales. Profit on legally completed sales is only recognised when the outcome of the whole development can be assessed with reasonable certainty.
Part-exchange properties are stated at the lower of cost and net realisable value. Net realisable value is based on estimated selling prices less all further costs to completion and all relevant marketing and selling costs.
Shared equity debtors consist of loans made to customers which are secured by second charges over the properties sold to them. The loans are recorded at fair value, being the amount receivable by the Company discounted to present day values. The difference between the nominal amount and the fair value is credited over the deferred term to the Profit and loss account, with the debtor increasing to its full expected cash settlement value on the anticipated receipt date. Credit risk is accounted for in determining fair values and appropriate discount factors are applied.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting date.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The assessment of the carrying value of work in progress relies upon calculations of the cost of sales of each development which are based on detailed forecasts of expected remaining revenues and scheme costs. Such forecasts require judgements to be made, on a development by development basis, about the anticipated revenues on unreserved plots. These judgements are based upon sales experience to date combined with an assessment of market conditions as at the measurement date. Judgements are also required of remaining expenditure on each development. These are based upon an expert knowledge of the current state of completion of each development together with a detailed understanding of the specific outstanding costs to be expended. These judgements together may have a material impact on the carrying value of work in progress balances in the Statement of Financial Position and the amount charged to the Profit and Loss account as cost of sales in each accounting period. The carrying value of work in progress as at 31 December 2024 was £174,097,000 (2023: £190,237,000).
The whole of the turnover is attributable to the principal activity of the Company.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11.Taxation (continued)
There were no factors that may affect future tax charges.
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Profit and loss account
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HARRON HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Company operates a defined contributions retirement benefit schemes for all qualifying employees. The assets of the scheme are held separately from those of the Company. The Company's only obligations with respect to the schemes is to contribute specified percentages of payroll costs to the schemes to fund the benefits.
The total cost charged to income of £
The ultimate parent company is Harron Group Limited, a company registered in England and Wales. Harron Group Limited is the parent company of the largest and smallest group in which the Company is consolidated. The accounts of Harron Group Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.
The directors of the Company, Mr P A Harrison and Mr S T Harrison, control the Company as a result of controlling, directly or indirectly, 100% of the issued share capital of the company.
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