Hargrove FIC Limited 15580061 false 2024-03-20 2025-03-31 2025-03-31 The principal activity of the company is that of an investment holding vehicle. Digita Accounts Production Advanced 6.30.9574.0 true true 15580061 2024-03-20 2025-03-31 15580061 2025-03-31 15580061 bus:OrdinaryShareClass1 2025-03-31 15580061 bus:OrdinaryShareClass2 2025-03-31 15580061 bus:OrdinaryShareClass3 2025-03-31 15580061 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2025-03-31 15580061 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15580061 bus:SmallEntities 2024-03-20 2025-03-31 15580061 bus:AuditExemptWithAccountantsReport 2024-03-20 2025-03-31 15580061 bus:FilletedAccounts 2024-03-20 2025-03-31 15580061 bus:SmallCompaniesRegimeForAccounts 2024-03-20 2025-03-31 15580061 bus:RegisteredOffice 2024-03-20 2025-03-31 15580061 bus:Director1 2024-03-20 2025-03-31 15580061 bus:Director2 2024-03-20 2025-03-31 15580061 bus:OrdinaryShareClass1 2024-03-20 2025-03-31 15580061 bus:OrdinaryShareClass2 2024-03-20 2025-03-31 15580061 bus:OrdinaryShareClass3 2024-03-20 2025-03-31 15580061 bus:PrivateLimitedCompanyLtd 2024-03-20 2025-03-31 15580061 bus:Agent1 2024-03-20 2025-03-31 15580061 1 2024-03-20 2025-03-31 15580061 countries:AllCountries 2024-03-20 2025-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15580061

Hargrove FIC Limited

Unaudited Filleted Financial Statements

for the Period from 20 March 2024 to 31 March 2025

 

Hargrove FIC Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Hargrove FIC Limited

Company Information

Directors

Mr Robin Scott Hargrove

Mrs Kay Elizabeth Hargrove

Registered office

Halsteads Farm
Rimington Lane
Rimington
Clitheroe
Lancashire
BB7 4EA

Accountants

Beckett Rawcliffe Limited Unit 17, Beckett House
Sovereign Court
Wyrefields
Poulton Le Fylde
Lancashire
FY6 8JX

 

Hargrove FIC Limited

(Registration number: 15580061)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Other financial assets

5

647,935

Current assets

 

Cash at bank and in hand

 

71,652

Creditors: Amounts falling due within one year

6

(751,302)

Net current liabilities

 

(679,650)

Net liabilities

 

(31,715)

Capital and reserves

 

Called up share capital

7

4

Retained earnings

(31,719)

Shareholders' deficit

 

(31,715)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 June 2025 and signed on its behalf by:
 

.........................................
Mr Robin Scott Hargrove
Director

   
     
 

Hargrove FIC Limited

Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Halsteads Farm
Rimington Lane
Rimington
Clitheroe
Lancashire
BB7 4EA

These financial statements were authorised for issue by the Board on 20 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Hargrove FIC Limited

Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Hargrove FIC Limited

Notes to the Unaudited Financial Statements for the Period from 20 March 2024 to 31 March 2025

4

Investments

2025
£

Other investments

The market value of the listed investments at 31 March 2025 was £460,892.

5

Other financial assets (current and non-current)

2025
£

Non-current financial assets

Financial assets at fair value through profit and loss

647,935

6

Creditors

Creditors: amounts falling due within one year

2025
£

Due within one year

Taxation and social security

282

Accruals and deferred income

1,020

Other creditors

750,000

751,302

7

Share capital

Allotted, called up and fully paid shares

2025

No.

£

A Ordinary of £1 each

2

2

B Ordinary of £1 each

1

1

C Ordinary of £1 each

1

1

4

4

8

Parent and ultimate parent undertaking

The ultimate controlling party is Robin & Kay Hargrove.