The Harbourside (Bristol) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07231693

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,153		17,135

			21,153		17,135
CURRENT ASSETS
Stocks	5	11,378		11,378
Debtors	6	364,399		262,267
Cash at bank and in hand		148,452		191,596

		524,229		465,241
Creditors: Amounts Falling Due Within One Year	7	(313,581 )		(194,743 )

NET CURRENT ASSETS (LIABILITIES)			210,648		270,498

TOTAL ASSETS LESS CURRENT LIABILITIES			231,801		287,633

NET ASSETS			231,801		287,633

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			231,701		287,533

SHAREHOLDERS' FUNDS			231,801		287,633

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The Harbourside (Bristol) Ltd

Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Jeremy Kynaston

Director

30/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

The Harbourside (Bristol) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07231693 . The registered office is 23 - 25 West Street, St. Philips, Bristol, BS2 0DF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	6 years straight line
Fixtures & Fittings	6 years straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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The Harbourside (Bristol) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 24 (2023: 27)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	84,512	104,037	188,549
Additions	10,075	-	10,075

As at 31 December 2024	94,587	104,037	198,624

Depreciation
As at 1 January 2024	70,447	100,967	171,414
Provided during the period	4,395	1,662	6,057

As at 31 December 2024	74,842	102,629	177,471

Net Book Value
As at 31 December 2024	19,745	1,408	21,153

As at 1 January 2024	14,065	3,070	17,135

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The Harbourside (Bristol) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Stocks

	2024	2023
	£	£
Materials	11,378	11,378

6. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	33,703	30,477
Other debtors	-	300
Corporation tax recoverable assets	-	689
Amounts owed by group undertakings	330,696	230,801

	364,399	262,267

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	50,726	23,074
Corporation tax	12,291	-
Other taxes and social security	4,924	3,683
VAT	18,918	16,415
Other creditors	14	575
Accruals	28,280	34,383
Amounts owed to group undertakings	198,428	116,613

	313,581	194,743

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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The Harbourside (Bristol) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Related Party Transactions

Controlling party

The company is 100% owned by The Assemblies Ltd, a company in which all of the directors of The Harbourside (Bristol) Ltd are shareholders. The company was under their control throughout the year. At 31 December 2024, the amount owed to The Assemblies Ltd was £198,428 (2023: £116,613).

Transactions with related parties

All directors of The Harbourside (Bristol) Ltd are also directors of Canteen West Ltd. The Harbourside (Bristol) Ltd charged Canteen West Ltd £229,379 (2023: £202,057) and was charged £118,873 (2023: £105,367). At 31 December 2024 The Harbourside (Bristol) Ltd was owed £244,971 (2023: £134,464) by Canteen West Ltd.

All directors of The Harbourside (Bristol) Ltd are also directors of The Old Market Assembly Ltd.The Harbourside (Bristol) Ltd charged The Old Market Assembly Ltd £4,170 (2023: £3,071) and was charged £14,781 (2023: £15,144). At 31 December 2024, £85,726 (2023: £96,337) was owed from The Old Market Assembly Ltd to The Harbourside (Bristol) Ltd.

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