REGISTERED NUMBER: 04141020 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

HARRIER EXPRESS (KENT) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S A C Wilkinson

REGISTERED OFFICE:

John Hall Close

Oare Road

Faversham

Kent

ME13 7TY

REGISTERED NUMBER:

04141020 (England and Wales)

ACCOUNTANTS:

Kemp Carr Brown & Co.

55 East Street

Faversham

Kent

ME13 8AF

FIXED ASSETS

Tangible assets

4

832,335

1,052,848

CURRENT ASSETS

Stocks

691

1,353

Debtors

5

481,827

534,296

Cash at bank and in hand

212,356

261,421

694,874

797,070

CREDITORS

Amounts falling due within one year

6

400,888

841,645

NET CURRENT ASSETS/(LIABILITIES)

293,986

(44,575

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,126,321

1,008,273

CREDITORS

Amounts falling due after more than one year

7

(239,193

)

(28,910

)

PROVISIONS FOR LIABILITIES

(208,083

)

(255,744

)

NET ASSETS

679,045

723,619

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

678,945

723,519

SHAREHOLDERS' FUNDS

679,045

723,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2025 and were signed by:

S A C Wilkinson - Director

1.	STATUTORY INFORMATION

Harrier Express (Kent) 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 Company 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

-

25% on reducing balance

Motor vehicles

-

at variable rates on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 company operates a defined contribution pension scheme. Contributions payable to the company'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 29 (2024 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

39,290

1,924,607

1,963,897

Additions

-

221,125

221,125

Disposals

-

(492,086

)

(492,086

)

At 31 January 2025

39,290

1,653,646

1,692,936

DEPRECIATION

At 1 February 2024

21,215

889,834

911,049

Charge for year

6,030

233,220

239,250

Eliminated on disposal

-

(289,698

)

(289,698

)

At 31 January 2025

27,245

833,356

860,601

NET BOOK VALUE

At 31 January 2025

12,045

820,290

832,335

At 31 January 2024

18,075

1,034,773

1,052,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

386,219

450,641

Other debtors

14,061

22,326

VAT

-

15,949

Prepayments

81,547

45,380

481,827

534,296

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,000

26,541

Hire purchase contracts

113,922

185,800

Trade creditors

169,217

614,591

Tax

40,138

2,270

Social security and other taxes

4,729

-

VAT

52,111

-

Other creditors

6,456

8,358

Directors' current accounts

410

180

Accrued expenses

3,905

3,905

400,888

841,645

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 2-5 years

4,377

14,377

Hire purchase contracts

234,816

14,533

239,193

28,910