Company registration number 12764444 (England and Wales)
HARRISON JACK INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
HARRISON JACK INVESTMENTS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
HARRISON JACK INVESTMENTS LTD (REGISTERED NUMBER: 12764444)
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment property
3
305,440
305,440
Current assets
Debtors
4
3,905
325
Cash at bank and in hand
26,891
39,754
30,796
40,079
Creditors: amounts falling due within one year
5
(76,927)
(83,912)
Net current liabilities
(46,131)
(43,833)
Total assets less current liabilities
259,309
261,607
Creditors: amounts falling due after more than one year
6
(237,875)
(236,738)
Provisions for liabilities
(12,833)
(12,833)
Net assets
8,601
12,036
Capital and reserves
Called up share capital
7
2
2
Non-distributable profits reserve
8
54,708
54,708
Distributable profit and loss reserves
(46,109)
(42,674)
Total equity
8,601
12,036

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

HARRISON JACK INVESTMENTS LTD (REGISTERED NUMBER: 12764444)
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
31 July 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 29 July 2025 and are signed on its behalf by:
Mr J Millett
Director
HARRISON JACK INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information

Harrison Jack Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 6 Cliffe Yard, Anthonys Way, Medway City Estate, Rochester, Kent, ME2 4DY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The balance sheet shows net liabilities. The directortrues are the main creditor of the company and has confirmed that they will continue to support the company for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.

1.3
Turnover

Turnover is recognised at the fair value of rent received or receivable for the services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. The following criteria also must be met before turnover is recognised.

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- The amount of turnover can be measure reliably.

- It is probable that the company will receive the consideration under the contract.

- The stage of completion of the contract at the end of the reporting period can be measure reliably; and

- The costs incurred and the costs to complete the contract can be measure reliably.

 

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

HARRISON JACK INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of deferred tax.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
3
Investment property
2024
£
Fair value
At 1 August 2023 and 31 July 2024
305,440

The fair value of the investment properties have been arrived at on the basis of a valuation carried out by the directors of the company. The valuation was made on an open market value basis by a reference to market evidence of transaction prices for similar properties.

4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
325
325
Other debtors
3,580
-
0
3,905
325
HARRISON JACK INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 5 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,200
1,320
Other creditors
75,727
82,592
76,927
83,912

Included within other creditors is a loan account owed to an associated company of £56,500 ( 2023 : £0).

6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
237,875
236,738

The mortgages are secured by way of a floating charge that covers all the property or undertaking of the company.

 

Included within other creditors is a loan which is secured by way of a fixed charge against the property, 4 Hermon Road, Glamorgan.

 

Included within other creditors is a loan which is secured by way of a fixed charge against the property, 15 Blaencaerau Road, Glamorgan.

 

Included within other creditors is a loan which is secured by way of a fixed charge against the property, 14 Treharne Road, Glamorgan.

7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
2
2
2
2
8
Non-distributable profits reserve
2024
2023
£
£
At the beginning of the year
54,708
-
Non distributable profits in the year
-
54,708
At the end of the year
54,708
54,708
HARRISON JACK INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 6 -
9
Reserves

Included within reserves is a non-distributable sum of £54,708 (2023 : £54,708) relating to the movement in fair value of the company's investment property.

10
Financial commitments, guarantees and contingent liabilities

The company gives the bank a fixed and floating charge over its assets and undertaking owned now and in the future.

2024-07-312023-08-01falsefalsefalse29 July 2025CCH SoftwareCCH Accounts Production 2025.200No description of principal activityMr J MilletMrs G Millett127644442023-08-012024-07-31127644442024-07-31127644442023-07-3112764444core:CurrentFinancialInstrumentscore:WithinOneYear2024-07-3112764444core:CurrentFinancialInstrumentscore:WithinOneYear2023-07-3112764444core:Non-currentFinancialInstrumentscore:AfterOneYear2024-07-3112764444core:Non-currentFinancialInstrumentscore:AfterOneYear2023-07-3112764444core:CurrentFinancialInstruments2024-07-3112764444core:CurrentFinancialInstruments2023-07-3112764444core:ShareCapital2024-07-3112764444core:ShareCapital2023-07-3112764444core:FurtherSpecificReserve1ComponentTotalEquity2024-07-3112764444core:FurtherSpecificReserve1ComponentTotalEquity2023-07-3112764444core:RetainedEarningsAccumulatedLosses2024-07-3112764444core:RetainedEarningsAccumulatedLosses2023-07-3112764444core:ShareCapitalOrdinaryShareClass12024-07-3112764444core:ShareCapitalOrdinaryShareClass12023-07-3112764444bus:Director12023-08-012024-07-31127644442022-08-012023-07-31127644442023-07-3112764444core:WithinOneYear2024-07-3112764444core:WithinOneYear2023-07-3112764444core:Non-currentFinancialInstruments2024-07-3112764444core:Non-currentFinancialInstruments2023-07-3112764444bus:OrdinaryShareClass12023-08-012024-07-3112764444bus:OrdinaryShareClass12024-07-3112764444bus:OrdinaryShareClass12023-07-3112764444bus:PrivateLimitedCompanyLtd2023-08-012024-07-3112764444bus:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112764444bus:FRS1022023-08-012024-07-3112764444bus:AuditExemptWithAccountantsReport2023-08-012024-07-3112764444bus:Director22023-08-012024-07-3112764444bus:FullAccounts2023-08-012024-07-31xbrli:purexbrli:sharesiso4217:GBP