REGISTERED NUMBER: 14513276 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Harpercrewe Coinvest Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Bloor

P W M Ramsay

REGISTERED OFFICE:

Curo House, Greenbox

Westonhall Road

Stoke Prior

Bromsgrove

B60 4AL

REGISTERED NUMBER:

14513276 (England and Wales)

ACCOUNTANTS:

Curo Chartered Accountants

Curo House

Greenbox

Westonhall Road

Bromsgrove

Worcestershire

B60 4AL

FIXED ASSETS

Investments

4

4,920,644

1,998,971

CURRENT ASSETS

Debtors

5

1,150,000

2,185,094

CREDITORS

Amounts falling due within one year

6

249,844

21,157

NET CURRENT ASSETS

900,156

2,163,937

TOTAL ASSETS LESS CURRENT LIABILITIES

5,820,800

4,162,908

CREDITORS

Amounts falling due after more than one year

7

(2,342,784

)

-

PROVISIONS FOR LIABILITIES

(534,629

)

(534,629

)

NET ASSETS

2,943,387

3,628,279

CAPITAL AND RESERVES

Called up share capital

90

90

Other reserves

2,508,254

2,508,254

Retained earnings

435,043

1,119,935

2,943,387

3,628,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:

A J Bloor - Director

1.	STATUTORY INFORMATION

Harpercrewe Coinvest 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.

Going concern

The financial statements have been prepared on the going concern basis on the grounds that the directors believe that there is sufficient funding in place to support the business for the next twelve months from the date of approval of the financial statements.

Forecasts have been prepared on post balance sheet trading conditions have been reviewed. This review has not resulted in a change in the directors' belief that the going concern basis is appropriate.

Investments in subsidiaries

Investments in subsidiaries are recognised at fair value with changes in fair value recognised in profit and loss, in accordance with FRS102 Section 9.26. Fair values are derived from observable prices as part of completed deals at market value.

Investments in associates

Investments in ventures in which the entity has significant influence are disclosed as investments in associates in accordance with FRS102, Section 14 Investments in Associates.

The entity accounts for investments in associates under the cost model in accordance with Section 14.5 of FRS102, and measures its investments in associates at cost less any accumulated impairment losses recognised in accordance with Section 27 Impairment of Assets.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price, including any transaction costs, and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions and contingencies

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of Comprehensive Income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Contingent liabilities are recognised as a provision when the likelihood of economic outflow is assessed as probable. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company's control. Contingent liabilities are not recognised as a provision but are instead disclosed in the financial statements when the likelihood of economic settlement is deemed possible and not probable. Contingent liabilities are not recognised as a disclosure when the probability of an outflow of resources is remote.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Loans to

associates

£

At 1 January 2024

1,998,971

New in year

2,921,673

At 31 December 2024

4,920,644

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by associates

1,150,000

1,400,000

Other debtors

-

785,094

1,150,000

2,185,094

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

785

-

Other creditors

249,059

21,157

249,844

21,157

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

2,342,784

-

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

2024

2023

£

£

A J Bloor

Balance outstanding at start of year

785,094

-

Amounts advanced

-

1,050,000

Amounts repaid

(785,094

)

(264,906

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

785,094