REGISTERED NUMBER: 04991697

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HARBOUR HOLIDAYS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Stanley FNAEA

Mrs N M Turriff

S L V Turriff

SECRETARY:

Mrs N M Turriff

REGISTERED OFFICE:

1 North Quay

Padstow

Cornwall

PL28 8AF

REGISTERED NUMBER:

04991697

ACCOUNTANTS:

Whitakers

Chartered Accountants

Bryndon House

5/7 Berry Road

Newquay

Cornwall

TR7 1AD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

690,491

700,356

690,491

700,356

CURRENT ASSETS

Debtors

6

432,753

225,068

Cash at bank

2,058,822

2,381,551

2,491,575

2,606,619

CREDITORS

Amounts falling due within one year

7

1,151,642

1,319,440

NET CURRENT ASSETS

1,339,933

1,287,179

TOTAL ASSETS LESS CURRENT LIABILITIES

2,030,424

1,987,535

PROVISIONS FOR LIABILITIES

10,693

12,321

NET ASSETS

2,019,731

1,975,214

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,019,631

1,975,114

SHAREHOLDERS' FUNDS

2,019,731

1,975,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 15 October 2025 and were signed on its behalf by:

Mrs J M Stanley FNAEA - Director

Mrs N M Turriff - Director

1.	STATUTORY INFORMATION

Harbour Holidays Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

Turnover represents net invoiced sale of services, excluding value added tax.

Goodwill

Goodwill. being the amount paid in connection with the acquisition of a business in 2004, has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

632,466

17,264

34,418

Additions

-

890

2,823

At 31 March 2025

632,466

18,154

37,241

DEPRECIATION

At 1 April 2024

-

11,009

22,907

Charge for year

-

1,396

2,163

At 31 March 2025

-

12,405

25,070

NET BOOK VALUE

At 31 March 2025

632,466

5,749

12,171

At 31 March 2024

632,466

6,255

11,511

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

88,974

58,090

831,212

Additions

-

2,410

6,123

At 31 March 2025

88,974

60,500

837,335

DEPRECIATION

At 1 April 2024

51,153

45,787

130,856

Charge for year

9,456

2,973

15,988

At 31 March 2025

60,609

48,760

146,844

NET BOOK VALUE

At 31 March 2025

28,365

11,740

690,491

At 31 March 2024

37,821

12,303

700,356

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

18,765

37,576

Directors' current accounts

301,228

131,527

Tax

101,664

45,211

Prepayments and accrued income

11,096

10,754

432,753

225,068

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,710

-

Pension liability

720

709

Tax

93,940

139,007

Social security and other taxes

2,730

11,256

VAT

4,316

-

Clients ledger

1,042,344

1,162,298

Accrued expenses

5,882

6,170

1,151,642

1,319,440

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs N M Turriff

Balance outstanding at start of year

131,527

(680

)

Amounts advanced

221,620

137,043

Amounts repaid

(51,919

)

(4,836

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

301,228

131,527

Interest has been charged on the overdrawn directors current account and the HM Revenue and Customs approved rate.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J M Stanley FNAEA.