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REGISTERED NUMBER: 03751209 (England and Wales)























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

HARFORD ESTATES LIMITED

HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


HARFORD ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr M C Shall





SECRETARY: Mrs P Shall





REGISTERED OFFICE: 39 Hendon Lane
Finchley
London
N3 1RY





REGISTERED NUMBER: 03751209 (England and Wales)





ACCOUNTANTS: Guner Associates
Chartered Accountants
39 Hendon Lane
Finchley
London
N3 1RY

HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 483 644
Investment property 6 590,000 590,000
590,483 590,644

CURRENT ASSETS
Debtors 304 289
Cash at bank and in hand 25,423 30,031
25,727 30,320
CREDITORS
Amounts falling due within one year 23,705 29,357
NET CURRENT ASSETS 2,022 963
TOTAL ASSETS LESS CURRENT
LIABILITIES

592,505

591,607

PROVISIONS FOR LIABILITIES 66,610 66,610
NET ASSETS 525,895 524,997

CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 283,967 283,967
Retained earnings 8 241,926 241,028
SHAREHOLDERS' FUNDS 525,895 524,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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 Statement of Financial Position for the year ended 31 August 2024 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 director and authorised for issue on 21 May 2025 and were signed by:





Mr M C Shall - Director


HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Harford Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents entitlement to receiving rent in respect of investment properties and profit share on property development.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 5,353
DEPRECIATION
At 1 September 2023 4,709
Charge for year 161
At 31 August 2024 4,870
NET BOOK VALUE
At 31 August 2024 483
At 31 August 2023 644

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 590,000
NET BOOK VALUE
At 31 August 2024 590,000
At 31 August 2023 590,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2018 350,577
Cost 239,423
590,000

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

2024 2023
£    £   
Cost 239,423 239,423

Investment property was valued on an open market basis on 31 August 2018 by the director .

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

HARFORD ESTATES LIMITED (REGISTERED NUMBER: 03751209)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 September 2023 241,028 283,967 524,995
Profit for the year 898 898
At 31 August 2024 241,926 283,967 525,893

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M C Shall.

The ultimate controlling party is Mr M C Shall.