Registration number: 01346457

Harrier Offset Limited

Contents
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Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Harrier Offset Limited

Company Information
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Directors

Mr AC Riddleston Mr CD Riddleston

Company secretary

Camley Registrars Limited

Registered office

Abbey House 342 Regents Park Road London N3 2LJ

Accountants

Brooks Green Chartered AccountantsAbbey House 342 Regents Park Road London N3 2LJ

Harrier Offset Limited

(Registration number: 01346457)
Balance Sheet as at 31 December 2024
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	Note	2024 £		2023 £
Fixed assets
Tangible assets	3		525,000		525,000
Current assets
Debtors	4	641,514		641,514
Cash at bank and in hand		31,173		53,852
		672,687		695,366
Creditors: Amounts falling due within one year	5	(64,722)		(91,875)
Net current assets			607,965		603,491
Net assets			1,132,965		1,128,491
Capital and reserves
Called up share capital	6	900		900
Revaluation reserve		393,572		393,572
Retained earnings		738,493		734,019
Shareholders' funds			1,132,965		1,128,491

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:

Mr AC Riddleston Director

Mr CD Riddleston Director

Harrier Offset Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of company premises and related services in the ordinary course of the company’s activities. Turnover is shown net of any rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at its cost or valuation, less any subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
No depreciation is provided on the company's freehold premises as it is the company's practice to maintain this asset in a continual state of sound repair and to make improvements thereto and accordingly the directors consider that the life of this asset is so long and the residual value so high that it's depreciation is not significant

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Harrier Offset Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2024	525,000	525,000
At 31 December 2024	525,000	525,000
Depreciation
Carrying amount
At 31 December 2024	525,000	525,000
At 31 December 2023	525,000	525,000

Included within the net book value of land and buildings above is £525,000 (2023 - £525,000) in respect of freehold land and buildings.
 

Revaluation

The Company's Freehold land and buildings was revalued on 17 January 2013 by an independent valuer.
The Directors, confirm that based on current market conditions, this continues to show its fair value, with no diminution or impairment to the value stated in the year.. The name and qualification of the independent valuer are Michael Parks Surveyors Ltd, being members of RICS..
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £131,428 (2023 - £131,428).

4

Debtors

Current	Note	2024 £	2023 £
Amounts owed by related parties		641,514	641,514
		641,514	641,514

Harrier Offset Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Taxation and social security	17,783	16,156
Other creditors	46,939	75,719
	64,722	91,875

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	900	900	900	900