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REGISTERED NUMBER: 10900726 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HARVEST SEAFOODS LTD

HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HARVEST SEAFOODS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: P Blackshaw





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 10900726 (England and Wales)





ACCOUNTANTS: Xeinadin South East Ltd
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,860 79,698

CURRENT ASSETS
Stocks 4,000 7,000
Debtors 5 382,080 239,200
Cash at bank 884,686 658,495
1,270,766 904,695
CREDITORS
Amounts falling due within one year 6 287,106 289,089
NET CURRENT ASSETS 983,660 615,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,042,520

695,304

CREDITORS
Amounts falling due after more than one
year

7

(20,312

)

(29,024

)

PROVISIONS FOR LIABILITIES 8 (10,274 ) (15,595 )
NET ASSETS 1,011,934 650,685

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 1,011,834 650,585
SHAREHOLDERS' FUNDS 1,011,934 650,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





P Blackshaw - Director


HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Harvest Seafoods Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 47,674 8,000 5,825
Additions - - 180
Disposals - - -
Reclassification/transfer - - -
At 30 September 2024 47,674 8,000 6,005
DEPRECIATION
At 1 October 2023 5,441 5,982 3,890
Charge for year 1,345 404 317
Eliminated on disposal - - -
At 30 September 2024 6,786 6,386 4,207
NET BOOK VALUE
At 30 September 2024 40,888 1,614 1,798
At 30 September 2023 42,233 2,018 1,935

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 51,078 12,450 125,027
Additions 17,032 659 17,871
Disposals (20,358 ) - (20,358 )
Reclassification/transfer (5,528 ) - (5,528 )
At 30 September 2024 42,224 13,109 117,012
DEPRECIATION
At 1 October 2023 21,088 8,928 45,329
Charge for year 18,964 1,404 22,434
Eliminated on disposal (9,611 ) - (9,611 )
At 30 September 2024 30,441 10,332 58,152
NET BOOK VALUE
At 30 September 2024 11,783 2,777 58,860
At 30 September 2023 29,990 3,522 79,698

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 357,271 212,535
Other debtors 11,320 11,401
VAT 13,489 15,264
382,080 239,200

HARVEST SEAFOODS LTD (REGISTERED NUMBER: 10900726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 163,184 158,068
Tax 98,517 106,449
Social security and other taxes 6,049 5,831
Other creditors 7,375 6,760
Accruals and deferred income 11,981 11,981
287,106 289,089

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 20,312 29,024

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 20,312 29,024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 10,274 15,595

Deferred
tax
£   
Balance at 1 October 2023 15,595
Credit to Income Statement during year (5,321 )
Balance at 30 September 2024 10,274

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 October 2023 650,585
Profit for the year 361,249
At 30 September 2024 1,011,834