Registration number: 04949973

Harlington Homes Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Harlington Homes Limited

(Registration number: 04949973)
Statement of Financial Position
31 October 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	2,518	1,205
Current assets
Debtors	5	77,958	205,092
Cash at bank and in hand		1,476	1,727
		79,434	206,819
Creditors: Amounts falling due within one year	6	(25,867)	(148,919)
Net current assets		53,567	57,900
Total assets less current liabilities		56,085	59,105
Creditors: Amounts falling due after more than one year	6	(2,333)	(6,623)
Provisions for liabilities		(478)	(521)
Net assets		53,274	51,961
Capital and reserves
Called up share capital		2	2
Retained earnings		53,272	51,959
Shareholders' funds		53,274	51,961

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Harlington Homes Limited

(Registration number: 04949973)
Statement of Financial Position
31 October 2024

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 October 2025
 

......................................... R Flippance Director

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
England

These financial statements were authorised for issue by the director on 29 October 2025.

2	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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis.

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

2	Accounting policies (continued)

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, 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 and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

2	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	over 5 years
Office equipment	between 2 and 5 years
Computer equipment	over 2 years
Motor vehicles	over 4 years

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

2	Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 November 2023	10,673	13,745	48,466	72,884
Additions	2,600	-	-	2,600
At 31 October 2024	13,273	13,745	48,466	75,484
Depreciation
At 1 November 2023	10,625	13,744	47,310	71,679
Charge for the year	606	-	681	1,287
At 31 October 2024	11,231	13,744	47,991	72,966
Carrying amount
At 31 October 2024	2,042	1	475	2,518
At 31 October 2023	48	1	1,156	1,205

5

Debtors

Current	2024 £	2023 £
Trade debtors	13,200	13,200
Prepayments	1,446	769
Other debtors	63,312	191,123
	77,958	205,092

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	7	4,634	4,744
Trade creditors		-	32,506
Taxation and social security		1,762	2,145
Accruals and deferred income		4,904	2,488
Other creditors		14,567	107,036
		25,867	148,919

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	7	2,333	6,623

7	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	2,333	6,623

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	4,634	4,744

Harlington Homes Limited

Notes to the Unaudited Financial Statements
for the year ended 31 October 2024

8	Related party transactions

Transactions with the director

2024	At 1 November 2023 £	Advances to director £	At 31 October 2024 £
D Flippance
D Flippance	-	58,662	58,662