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Company No: 15117494 (England and Wales)

HAROD HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period from 05 September 2023 to 31 October 2024
Pages for filing with the registrar

HAROD HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period from 05 September 2023 to 31 October 2024

Contents

HAROD HOLDINGS LIMITED

BALANCE SHEET

As at 31 October 2024
HAROD HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 31.10.2024
£
Fixed assets
Investments 3 254,035
254,035
Current assets
Debtors 4 22,000
Cash at bank and in hand 5 451,568
473,568
Creditors: amounts falling due within one year 6 ( 1,331)
Net current assets 472,237
Total assets less current liabilities 726,272
Net assets 726,272
Capital and reserves
Called-up share capital 7 4
Profit and loss account 726,268
Total shareholders' funds 726,272

For the financial period ending 31 October 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 financial statements of Harod Holdings Limited (registered number: 15117494) were approved and authorised for issue by the Director on 03 June 2025. They were signed on its behalf by:

Martin Lewis Dubbey
Director
HAROD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 September 2023 to 31 October 2024
HAROD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 05 September 2023 to 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Harod Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Suite 126, 43 Bedford Street, London, WC2E 9HA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit and loss. Investments in equity shares which are not publicly traded and where the fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
05.09.2023 to
31.10.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Fixed asset investments

Investments in subsidiaries

31.10.2024
£
Cost
At 05 September 2023 0
Additions 50
At 31 October 2024 50
Carrying value at 31 October 2024 50

Other investments Total
£ £
Cost or valuation before impairment
At 05 September 2023 0 0
Additions 253,985 253,985
At 31 October 2024 253,985 253,985
Carrying value at 31 October 2024 253,985 253,985

4. Debtors

31.10.2024
£
Other debtors 22,000

5. Cash and cash equivalents

31.10.2024
£
Cash at bank and in hand 451,568

6. Creditors: amounts falling due within one year

31.10.2024
£
Other creditors 1,331

7. Called-up share capital

31.10.2024
£
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each 4

8. Related party transactions

Transactions with the entity's director

31.10.2024
£
Amounts owed from director 22,000

Other related party transactions

The company has taken advantage of the exemption in FRS 102 33.1A "Related Party Disclosures" from disclosing transactions with other members of the group.