IRIS Accounts Production v25.1.3.33 12444358 Board of Directors 30.11.24 1.12.23 30.11.24 30.11.24 construction of residential buildings. true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124443582023-11-30124443582024-11-30124443582023-12-012024-11-30124443582022-11-30124443582022-12-012023-11-30124443582023-11-3012444358ns15:EnglandWales2023-12-012024-11-3012444358ns14:PoundSterling2023-12-012024-11-3012444358ns10:Director12023-12-012024-11-3012444358ns10:Consolidated2024-11-3012444358ns10:ConsolidatedGroupCompanyAccounts2023-12-012024-11-3012444358ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3012444358ns10:Consolidatedns10:SmallEntities2023-12-012024-11-3012444358ns10:Consolidatedns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3012444358ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3012444358ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3012444358ns10:Consolidatedns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3012444358ns10:SmallCompaniesRegimeForAccountsns10:Consolidated2023-12-012024-11-3012444358ns10:FullAccounts2023-12-012024-11-3012444358ns10:Consolidated2023-12-012024-11-3012444358ns10:Director32023-12-012024-11-3012444358ns10:RegisteredOffice2023-12-012024-11-3012444358ns10:Director22023-12-012024-11-3012444358ns10:Director42023-12-012024-11-3012444358ns10:Consolidated2022-12-012023-11-3012444358ns5:CurrentFinancialInstruments2024-11-3012444358ns5:CurrentFinancialInstruments2023-11-3012444358ns5:Non-currentFinancialInstruments2024-11-3012444358ns5:Non-currentFinancialInstruments2023-11-3012444358ns5:ShareCapital2024-11-3012444358ns5:ShareCapital2023-11-3012444358ns5:RetainedEarningsAccumulatedLosses2024-11-3012444358ns5:RetainedEarningsAccumulatedLosses2023-11-3012444358ns5:PlantMachinery2023-12-012024-11-3012444358ns5:PlantMachinery2023-11-3012444358ns5:PlantMachinery2024-11-3012444358ns5:PlantMachinery2023-11-3012444358ns5:CostValuation2023-11-3012444358ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-11-3012444358ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-30
REGISTERED NUMBER: 12444358 (England and Wales)















HARLEQUIN NEW HOMES LIMITED

REPORT OF THE DIRECTORS AND

UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024






HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Report of the Directors 2

Consolidated Profit and Loss account 3

Consolidated Balance Sheet 4

Company Balance Sheet 5

Notes to the Consolidated Financial Statements 6


HARLEQUIN NEW HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: P I Parkhouse
J D Shelbourne





REGISTERED OFFICE: Lacemaker House
5-7 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: 12444358 (England and Wales)





ACCOUNTANTS: Cox Costello & Horne
Chartered Accountants and Tax Advisors
Batchworth Lock House
99 Church Street, Rickmansworth
WD3 1JJ

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 NOVEMBER 2024


The directors present their report with the financial statements of the company and the group for the year ended 30 November 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 December 2023 to the date of this report.

P I Parkhouse
J D Shelbourne

Other changes in directors holding office are as follows:

W Sutcliffe - resigned 31 August 2024

S R Taphouse ceased to be a director after 30 November 2024 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P I Parkhouse - Director


29 August 2025

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

CONSOLIDATED PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2024

30.11.24 30.11.23
Notes £ £ £

TURNOVER 9,713,545 9,636,040

Cost of sales 7,066,397 8,184,693
GROSS PROFIT 2,647,148 1,451,347

Administrative expenses 2,120,926 1,307,725
OPERATING PROFIT 4 526,222 143,622

Income from interest in associated undertakings - 101,798
Interest receivable and similar income 2,041 972
2,041 102,770
528,263 246,392

Interest payable and similar expenses 339,912 218,561
PROFIT BEFORE TAXATION 188,351 27,831

Tax on profit 48,370 7,869
PROFIT FOR THE FINANCIAL YEAR 139,981 19,962

Profit attributable to:
Owners of the parent 139,981 19,962

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

CONSOLIDATED BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £ £ £
FIXED ASSETS
Tangible assets 6 11,884 13,287
Investments 7 80 80
11,964 13,367

CURRENT ASSETS
Stocks 35,185,783 32,962,784
Debtors 8 880,181 2,075,284
Cash at bank 63,763 237,168
36,129,727 35,275,236
CREDITORS
Amounts falling due within one year 9 2,791,118 4,541,061
NET CURRENT ASSETS 33,338,609 30,734,175
TOTAL ASSETS LESS CURRENT LIABILITIES 33,350,573 30,747,542

CREDITORS
Amounts falling due after more than one year 10 32,848,475 30,385,425
NET ASSETS 502,098 362,117

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 402,098 262,117
SHAREHOLDERS' FUNDS 502,098 362,117

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





P I Parkhouse - Director


HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

COMPANY BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £ £ £
FIXED ASSETS
Tangible assets 6 11,884 13,287
Investments 7 1,900 1,900
13,784 15,187

CURRENT ASSETS
Stocks 193,025 -
Debtors 8 4,528,699 3,711,645
Cash at bank 61,217 15
4,782,941 3,711,660
CREDITORS
Amounts falling due within one year 9 2,287,969 2,631,561
NET CURRENT ASSETS 2,494,972 1,080,099
TOTAL ASSETS LESS CURRENT LIABILITIES 2,508,756 1,095,286

CREDITORS
Amounts falling due after more than one year 10 2,241,370 714,708
NET ASSETS 267,386 380,578

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 167,386 280,578
SHAREHOLDERS' FUNDS 267,386 380,578

Company's loss for the financial year (113,192 ) (23,061 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:




P I Parkhouse - Director


HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Harlequin New Homes Limited 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 General 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.
Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Profit and Loss account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The group operates a defined contribution pension scheme. Contributions payable to the group'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 1 (2023 - 1 ) .

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

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


4. OPERATING PROFIT

The operating profit is stated after charging:

30.11.24 30.11.23
£ £
Depreciation - owned assets 5,126 3,983

5. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


6. TANGIBLE FIXED ASSETS

Group
Plant and
machinery
etc
£
COST
At 1 December 2023 20,264
Additions 3,723
At 30 November 2024 23,987
DEPRECIATION
At 1 December 2023 6,977
Charge for year 5,126
At 30 November 2024 12,103
NET BOOK VALUE
At 30 November 2024 11,884
At 30 November 2023 13,287

Company
Plant and
machinery
etc
£
COST
At 1 December 2023 20,264
Additions 3,723
At 30 November 2024 23,987
DEPRECIATION
At 1 December 2023 6,977
Charge for year 5,126
At 30 November 2024 12,103
NET BOOK VALUE
At 30 November 2024 11,884
At 30 November 2023 13,287

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

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


7. FIXED ASSET INVESTMENTS

Group Company
30.11.24 30.11.23 30.11.24 30.11.23
£ £ £ £
Shares in group undertakings - - 1,900 1,900
Other investments not loans 80 80 - -
80 80 1,900 1,900

Additional information is as follows:

Group

Investments (neither listed nor unlisted) were as follows:
30.11.24 30.11.23
£ £
Limited liability partnerships 80 80
Company
Shares in
group
undertakings
£
COST
At 1 December 2023
and 30 November 2024 1,900
NET BOOK VALUE
At 30 November 2024 1,900
At 30 November 2023 1,900


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
30.11.24 30.11.23 30.11.24 30.11.23
£ £ £ £
Amounts owed by group undertakings - - 4,178,942 3,214,137
Amounts owed by participating interests 502,240 121,315 85,094 -
Other debtors 377,941 1,953,969 264,663 497,508
880,181 2,075,284 4,528,699 3,711,645

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
30.11.24 30.11.23 30.11.24 30.11.23
£ £ £ £
Trade creditors 933,334 284,109 597,433 238,344
Amounts owed to group undertakings - - 648,598 285,387
Amounts owed to participating interests 526,104 - 526,104 -
Taxation and social security 128,431 77,473 78,196 3,400
Other creditors 1,203,249 4,179,479 437,638 2,104,430
2,791,118 4,541,061 2,287,969 2,631,561

HARLEQUIN NEW HOMES LIMITED (REGISTERED NUMBER: 12444358)

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


10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group Company
30.11.24 30.11.23 30.11.24 30.11.23
£ £ £ £
Other creditors 32,848,475 30,385,425 2,241,370 714,708