Harrisons Antiques Limited
Statement of financial position
as at 31 March 2024
Tangible assets
417,005
367,062
Inventories
260,000
250,000
Cash at bank and in hand
72,912
36,434
Creditors: amounts falling due within one year
(229,877)
(245,351)
Net current assets
103,035
41,083
Total assets less current liabilities
520,040
408,145
Creditors: amounts falling due after more than one year
(228,986)
(246,506)
Net assets
291,054
161,639
Called up share capital
1
1
Profit and loss account
291,053
161,638
Shareholders' funds
291,054
161,639
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 August 2025 and were signed on its behalf by
Roger Gareth Harrison
Director
Company Registration No. 05896216
Harrisons Antiques Limited
Notes to the Accounts
for the period from 1 October 2022 to 31 March 2024
Harrisons Antiques Limited is a private company, limited by shares, registered in England and Wales, registration number 05896216. The registered office is Harrisons Antiques, Hickleton Sidings, Lidget Lane, Thurnscoe, Rotherham, South Yorkshire, S63 0BJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 1 October 2022 to 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2022
324,677
9,869
101,274
5,027
440,847
Additions
-
6,788
61,559
-
68,347
At 31 March 2024
324,677
16,657
162,833
5,027
509,194
At 1 October 2022
-
8,434
64,280
1,071
73,785
Charge for the period
-
-
18,404
-
18,404
At 31 March 2024
-
8,434
82,684
1,071
92,189
At 31 March 2024
324,677
8,223
80,149
3,956
417,005
At 30 September 2022
324,677
1,435
36,994
3,956
367,062
Harrisons Antiques Limited
Notes to the Accounts
for the period from 1 October 2022 to 31 March 2024
5
Creditors: amounts falling due within one year
2024
2022
Bank loans and overdrafts
-
31,310
Taxes and social security
46,839
37,783
Other creditors
177,000
173,476
6
Creditors: amounts falling due after more than one year
2024
2022
Bank loans
145,284
246,506
Obligations under finance leases and hire purchase contracts
13,702
-
Loans from directors
70,000
-
7
Average number of employees
During the period the average number of employees was 3 (2022: 0).