1 September 2023 v2025.27.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP121459162023-09-012024-08-31121459162024-08-31121459162023-08-3112145916core:WithinOneYear2024-08-3112145916core:WithinOneYear2023-08-3112145916core:AfterOneYear2024-08-3112145916core:AfterOneYear2023-08-3112145916core:ShareCapital2024-08-3112145916core:ShareCapital2023-08-3112145916core:RetainedEarningsAccumulatedLosses2024-08-3112145916core:RetainedEarningsAccumulatedLosses2023-08-3112145916bus:Director12023-09-012024-08-3112145916bus:RegisteredOffice2023-09-012024-08-3112145916core:CostValuation2023-09-0112145916core:CostValuation2024-08-311214591612023-09-012024-08-31121459162022-09-012023-08-3112145916countries:EnglandWales2023-09-012024-08-3112145916bus:AuditExemptWithAccountantsReport2023-09-012024-08-3112145916bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112145916bus:SmallEntities2023-09-012024-08-3112145916bus:FullAccounts2023-09-012024-08-31
Company registration number:
12145916
Harrow Cms Limited
Unaudited Filleted Financial Statements for the year ended
31 August 2024
Harrow Cms Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Harrow Cms Limited
Year ended
31 August 2024
As described on the statement of financial position, the Board of Directors of
Harrow Cms Limited
are responsible for the preparation of the
financial statements
for the year ended
31 August 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Lark Accounting Limited
32 Davies Drive
Devizes
SN10 2RL
United Kingdom
Date:
12 May 2025
Harrow Cms Limited
Statement of Financial Position
31 August 2024
20242023
Note££
Fixed assets    
Investments 5
876,048
 
876,048
 
Current assets    
Debtors 6
53,444
 
32,397
 
Creditors: amounts falling due within one year 7
(6,287
)
(3,553
)
Net current assets
47,157
 
28,844
 
Total assets less current liabilities 923,205   904,892  
Creditors: amounts falling due after more than one year 8
(926,634
)
(903,546
)
Net (liabilities)/assets
(3,429
)
1,346
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(3,529
)
1,246
 
Shareholders (deficit)/funds
(3,429
)
1,346
 
For the year ending
31 August 2024
, 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
12 May 2025
, and are signed on behalf of the board by:
I Lygeros
Director
Company registration number:
12145916
Harrow Cms Limited
Notes to the Financial Statements
Year ended
31 August 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
34 South Molton Street
,
London
,
W1K 5RG
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Investments

Other investments other than loans
£
Cost  
At
1 September 2023
876,048
 
At
31 August 2024
876,048
 
Impairment  
At
1 September 2023
and
31 August 2024
-  
Carrying amount  
At
31 August 2024
876,048
 
At 31 August 2023
876,048
 

6 Debtors

20242023
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest
51,197
 
29,077
 
Other debtors
2,247
 
3,320
 
53,444
 
32,397
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
292
 
292
 
Other creditors
5,995
 
3,261
 
6,287
 
3,553
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
455,000
 
455,000
 
Other creditors
471,634
 
448,546
 
926,634
 
903,546
 
The bank loan is secured on the investment properties and the loan is not subject to any capital repayments but is on the basis of interest only.