Ian Harper Limited 31/03/2025 iXBRL

Company registration number: 06179601

Ian Harper Limited

Unaudited filleted financial statements

31 March 2025

Ian Harper Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

Ian Harper Limited

Directors and other information


	Directors	I Harper
		S Harper


	Secretary	S Harper


	Company number	06179601


	Registered office	Manor Farm
		Luffenhall
		Stevenage
		Herts
		SG2 7PX


	Accountant	Hicks and Company
		Chartered Accountants
		First Floor
		99 Bancroft
		Hitchin
		Herts
		SG5 1NQ

Ian Harper Limited

Chartered accountant's report to the board of directors on the preparation of the

unaudited statutory financial statements of Ian Harper Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Ian Harper Limited for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Ian Harper Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Ian Harper Limited and state those matters that we have agreed to state to the board of directors of Ian Harper Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Ian Harper Limited and its board of directors as a body for my work or for this report.

It is your duty to ensure that Ian Harper Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ian Harper Limited. You consider that Ian Harper Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Ian Harper Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

First Floor

99 Bancroft

Hitchin

Herts

SG5 1NQ

1 September 2025

Ian Harper Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	24,505		844
		_______		_______
			24,505		844

Current assets
Debtors	5	1,249		28,526
Cash at bank and in hand		32,130		30,319
		_______		_______
		33,379		58,845
Creditors: amounts falling due
within one year	6	( 6,719)		( 7,595)
		_______		_______
Net current assets			26,660		51,250
			_______		_______
Total assets less current liabilities			51,165		52,094


Provisions for liabilities			( 174)		( 143)

			_______		_______
Net assets			50,991		51,951
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			50,891		51,851
			_______		_______
Shareholders funds			50,991		51,951
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- 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;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 01 September 2025 , and are signed on behalf of the board by:

I Harper

Director

Company registration number: 06179601

Ian Harper Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Manor Farm, Luffenhall, Stevenage, Herts, SG2 7PX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Motor vehicles	Total
	£	£
Cost
At 1 April 2024	1,500	1,500
Additions	32,674	32,674
Disposals	( 1,500)	( 1,500)
	_______	_______
At 31 March 2025	32,674	32,674
	_______	_______
Depreciation
At 1 April 2024	656	656
Charge for the year	8,169	8,169
Disposals	( 656)	( 656)
	_______	_______
At 31 March 2025	8,169	8,169
	_______	_______
Carrying amount
At 31 March 2025	24,505	24,505
	_______	_______
At 31 March 2024	844	844
	_______	_______

5. Debtors

	2025	2024
	£	£
Trade debtors	738	-
Other debtors	511	28,526
	_______	_______
	1,249	28,526
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	-	6,345
Other creditors	6,719	1,250
	_______	_______
	6,719	7,595
	_______	_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	I Harper	28,096	56,064	( 89,441)	( 5,281)
	S Harper	-	-	-	-
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	I Harper	( 79)	34,232	( 6,057)	28,096
	S Harper	( 964)	964	-	-
		_______	_______	_______	_______
		( 1,043)	35,196	( 6,057)	28,096
		_______	_______	_______	_______