IRIS Accounts Production v25.3.0.601 12115611 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 12115611 2023-10-31 12115611 2024-10-31 12115611 2023-11-01 2024-10-31 12115611 2022-07-31 12115611 2022-08-01 2023-10-31 12115611 2023-10-31 12115611 ns15:EnglandWales 2023-11-01 2024-10-31 12115611 ns14:PoundSterling 2023-11-01 2024-10-31 12115611 ns10:Director1 2023-11-01 2024-10-31 12115611 ns10:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12115611 ns10:SmallEntities 2023-11-01 2024-10-31 12115611 ns10:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12115611 ns10:SmallCompaniesRegimeForDirectorsReport 2023-11-01 2024-10-31 12115611 ns10:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12115611 ns10:FullAccounts 2023-11-01 2024-10-31 12115611 ns10:Director2 2023-11-01 2024-10-31 12115611 ns10:RegisteredOffice 2023-11-01 2024-10-31 12115611 ns5:CurrentFinancialInstruments 2024-10-31 12115611 ns5:CurrentFinancialInstruments 2023-10-31 12115611 ns5:Non-currentFinancialInstruments 2024-10-31 12115611 ns5:Non-currentFinancialInstruments 2023-10-31 12115611 ns5:ShareCapital 2024-10-31 12115611 ns5:ShareCapital 2023-10-31 12115611 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 12115611 ns5:RetainedEarningsAccumulatedLosses 2023-10-31 12115611 ns5:CostValuation 2023-10-31 12115611 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 12115611 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-10-31

REGISTERED NUMBER: 12115611 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2024 |

| FOR |

| HARROW PROPERTY DEVELOPMENTS LIMITED |

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HARROW PROPERTY DEVELOPMENTS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2024

| DIRECTORS: | I J Hussain

| M Jakisic

| REGISTERED OFFICE: | Fulford House

| Newbold Terrace

| Leamington Spa

| Warwickshire

| CV32 4EA

| REGISTERED NUMBER: | 12115611 (England and Wales)

| ACCOUNTANTS: | TGFP

| Chartered Accountants

| Fulford House

| Newbold Terrace

| Leamington Spa

| Warwickshire

| CV32 4EA

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

BALANCE SHEET

31 OCTOBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 100 |  | 100 |  |

CURRENT ASSETS

Stocks | - |  | 18,556,186 |  |

Debtors | 5 | 29,594 |  | 1,913,185 |  |

Cash at bank | 5,528 |  | 402,677 |  |

35,122 |  | 20,872,048 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,348,900 |  | 7,620,644 |  |

NET CURRENT (LIABILITIES)/ASSETS | (2,313,778 | ) | 13,251,404 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (2,313,678 | ) | 13,251,504 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 10,833 |  | 13,332,026 |  |

NET LIABILITIES | (2,324,511 | ) | (80,522 | ) |

CAPITAL AND RESERVES

Called up and paid share capital | 100 |  | 100 |  |

Retained earnings | (2,324,611 | ) | (80,622 | ) |

(2,324,511 | ) | (80,522 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

BALANCE SHEET - continued

31 OCTOBER 2024

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

M Jakisic - Director

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

1. | STATUTORY INFORMATION

| Harrow Property Developments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Financial instruments

| Basic financial assets,which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Going concern

| The financial statements have been prepared on the going concern concept. This assumes that the company will achieve a profitable level of trading and will continue to enjoy the support of it's bankers and creditors. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| under-

| takings

£ |

| COST

| At 1 November 2023

| and 31 October 2024 | 100 |  |

| NET BOOK VALUE

| At 31 October 2024 | 100 |  |

| At 31 October 2023 | 100 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed by group undertakings | 15,087 |  | 78 |  |

| Other debtors | 14,507 |  | 1,913,107 |  |

29,594 |  | 1,913,185 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Trade creditors | 459 |  | 263,518 |  |

| Taxation and social security | 3,156 |  | - |  |

| Other creditors | 2,335,285 |  | 7,347,126 |  |

2,348,900 |  | 7,620,644 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans | 10,833 |  | 13,332,026 |  |

HARROW PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 12115611) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Loans | - |  | 13,311,192 |  |

| Shawbrook Bank Limited have a fixed and floating charge over the assets of the Company, and also over the property known as 33-39 Lowlands Road.

9. | RELATED PARTY DISCLOSURES

| Included in other creditors are amounts owing of £2,333,435 (2023 - £2,249,344) to companies under the control of the directors.

| Included in other debtors are amounts owed of £14,507 (2023: £1,908,657) to companies under the control of the directors.

| The above loans are interest free and are repayable on demand.

| The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned group entities.