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REGISTERED NUMBER: 06975155 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

Hargreaves (Tarnacre) Limited

Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hargreaves (Tarnacre) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A G Duckett
J R Duckett





REGISTERED OFFICE: Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB





REGISTERED NUMBER: 06975155 (England and Wales)





ACCOUNTANTS: Bennett Kirkhope Smith
Chartered Certified Accountants
Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB

Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 5 15 8,374
Investments 6 218,156 205,161
Cash at bank 136,984 131,349
355,155 344,884
CREDITORS
Amounts falling due within one year 7 3,090 3,061
NET CURRENT ASSETS 352,065 341,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,065

341,823

PROVISIONS FOR LIABILITIES 8 218,156 205,161
NET ASSETS 133,909 136,662

CAPITAL AND RESERVES
Called up share capital 9 500 500
Capital redemption reserve 500 500
Retained earnings 132,909 135,662
SHAREHOLDERS' FUNDS 133,909 136,662

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 directors acknowledge their 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.

Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Balance Sheet - 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





A G Duckett - Director


Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Hargreaves (Tarnacre) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Straight line over 40 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
At 1 September 2023
and 31 August 2024 45,723
DEPRECIATION
At 1 September 2023
and 31 August 2024 45,723
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Tax - 8,364
VAT 15 10
15 8,374

6. CURRENT ASSET INVESTMENTS
31.8.24 31.8.23
£    £   
Restoration bond 218,156 205,161

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 90 61
Accrued expenses 3,000 3,000
3,090 3,061

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Other provisions
Escrow provision 218,156 205,161

Hargreaves (Tarnacre) Limited (Registered number: 06975155)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
500 A Ordinary £1 500 500

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A G Duckett.

Chain Link Holding Company Limited (incorporated in the United Kingdom) is the company's ultimate parent undertaking.

The parent company of the smallest and largest Group to include the Company within its consolidated financial statements is Chain Link Holding Company Limited. Copies of these financial statements are available from Suites 5 & 6, The Printworks, Hey Road, Barrow, Clitheroe, Lancashire, BB7 9WB.