Gentian (Harveys Deli) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07190403

Gentian (Harveys Deli) Limited

Filleted Unaudited Financial Statements

31 December 2024

Gentian (Harveys Deli) Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Gentian (Harveys Deli) Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	6		1,383,000		1,375,257

Current assets

Stocks		42,955	20,974
Debtors	7	1,451,487	1,447,328
Cash at bank and in hand		99,407	64,917
		------------	------------
		1,593,849	1,533,219

Creditors: amounts falling due within one year	8	482,402		643,493
		------------		------------
Net current assets			1,111,447		889,726
			------------		------------
Total assets less current liabilities			2,494,447		2,264,983

Creditors: amounts falling due after more than one year	9	2,844,374	2,854,470
		------------	------------
Net liabilities		( 349,927)	( 589,487)
		------------	------------

Capital and reserves

Called up share capital	10	100	100
Revaluation reserve		38,336	38,336
Profit and loss account		( 388,363)	( 627,923)
		---------	---------
Shareholders deficit		( 349,927)	( 589,487)
		---------	---------

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.

For the year ending 31 December 2024 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 .

Gentian (Harveys Deli) Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 15 September 2025 , and are signed on behalf of the board by:

Mr N C Hanson	Mrs K Lama
Director	Director

Company registration number: 07190403

Gentian (Harveys Deli) Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 28a High Street, Winchester, SO23 9BL, England.

2. Statement of compliance

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

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of a related party. The related party has indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue to trade.

Revenue recognition

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

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

Tangible assets

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

Freehold property	-	2% straight line
Leasehold property	-	Over the life of the lease
Plant and Machinery	-	20% straight line
Furniture and Fixtures	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Average number of employees

During the year the average number of employees was 3 (2023: 3) which consisted of the directors only.

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2024 and 31 December 2024	5,000
	-------
Amortisation
At 1 January 2024 and 31 December 2024	5,000
	-------
Carrying amount
At 31 December 2024	–
	-------
At 31 December 2023	–
	-------

6. Tangible assets

	Freehold property	Leasehold property improvements	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£	£
Cost
At 1 January 2024	730,000	634,399	314,748	117,716	1,796,863
Additions	–	–	49,433	45,312	94,745
	---------	---------	---------	---------	------------
At 31 December 2024	730,000	634,399	364,181	163,028	1,891,608
	---------	---------	---------	---------	------------
Depreciation
At 1 January 2024	64,916	77,526	207,176	71,988	421,606
Charge for the year	10,819	25,376	33,720	17,087	87,002
	---------	---------	---------	---------	------------
At 31 December 2024	75,735	102,902	240,896	89,075	508,608
	---------	---------	---------	---------	------------
Carrying amount
At 31 December 2024	654,265	531,497	123,285	73,953	1,383,000
	---------	---------	---------	---------	------------
At 31 December 2023	665,084	556,873	107,572	45,728	1,375,257
	---------	---------	---------	---------	------------

7. Debtors

	2024	2023
	£	£
Trade debtors	874	23,456
Amounts owed by group undertakings	1,386,024	1,371,253
Prepayments and accrued income	50,271	41,083
Other debtors	14,318	11,536
	------------	------------
	1,451,487	1,447,328
	------------	------------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	10,648	10,648
Trade creditors	341,639	518,825
Amounts owed to group undertakings	1,998	–
Accruals and deferred income	59,917	53,399
Social security and other taxes	41,344	44,426
Other creditors	26,856	16,195
	---------	---------
	482,402	643,493
	---------	---------

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	5,870	15,966
Amounts owed to related undertakings	2,838,504	2,838,504
	------------	------------
	2,844,374	2,854,470
	------------	------------

10. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	142,500	104,500
Later than 1 year and not later than 5 years	526,458	394,625
Later than 5 years	685,313	772,813
	------------	------------
	1,354,271	1,271,938
	------------	------------

12. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2024	2023	2024	2023
	£	£	£	£
Other related parties	73,536	269,845	( 2,880,812)	( 2,375,928)
	--------	---------	------------	------------

The company is a wholly owned subsidiary of Honey + Harvey Limited and has taken advantage of the exemption granted under FRS 102 section 33.1A not to disclose transactions with the group companies.

13. Controlling party

The parent undertaking is Honey + Harvey Limited, a company incorporated in England and Wales. The ultimate controlling party is Moorside Café Management Limited, a company incorporated in England and Wales.