Company Registration No. 8444316 (England and Wales)
HARVEL LTD
Unaudited accounts
for the period from 1 April 2024 to 30 March 2025
HARVEL LTD
Unaudited accounts
Contents
HARVEL LTD
Company Information
for the period from 1 April 2024 to 30 March 2025
Directors
Mr Harvey Aloof
Mr Charlie Belcher
Company Number
8444316 (England and Wales)
Registered Office
102 Warren Road
Brighton
BN2 6BA
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
HARVEL LTD
Statement of financial position
as at 30 March 2025
Tangible assets
14,276
11,497
Cash at bank and in hand
30,110
18,593
Creditors: amounts falling due within one year
(46,061)
(31,277)
Net current liabilities
(13,123)
(8,902)
Called up share capital
10
10
Profit and loss account
1,143
2,585
Shareholders' funds
1,153
2,595
For the period ending 30 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by
Mr Charlie Belcher
Director
Company Registration No. 8444316
HARVEL LTD
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
HARVEL LTD is a private company, limited by shares, registered in England and Wales, registration number 8444316. The registered office is 102 Warren Road, Brighton, BN2 6BA.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual
value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
Pension costs and post retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
Operating lease commitments
At the balance sheet date, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £29,848 (2024: £44,772).
4
Tangible fixed assets
Plant & machinery
Charge for the period
4,971
HARVEL LTD
Notes to the Accounts
for the period from 1 April 2024 to 30 March 2025
Amounts falling due within one year
Accrued income and prepayments
880
1,401
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
7,813
(1,149)
Taxes and social security
22,056
18,015
Other creditors
4,734
1,505
Loans from directors
234
1,884
7
Transactions with related parties
The transactions with the directors and shareholders have not been conducted under normal market conditions: A balance of £234 is owed to the directors at the year end. No interest is being charged by the directors.
8
Average number of employees
During the period the average number of employees was 5 (2024: 6).