REGISTERED NUMBER: 02519936 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

FOR

C H HARRISONS PLC

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Income Statement

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

15

DIRECTORS:

H S Cheema

Mrs K Cheema

SECRETARY:

H S Cheema

REGISTERED OFFICE:

Hadrian Chambers

Victoria Passage

Skinner Street

Wolverhampton

West Midlands

WV1 4LG

REGISTERED NUMBER:

02519936 (England and Wales)

AUDITORS:

Thapers Chartered Accountants

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 0LT

The directors have pleasure in presenting their report and the financial statements of the company C H Harrisons plc, registration number 02519936 (England and Wales) for the year ended 31 October 2024.

The business review sets the performance for the year ended 31 October 2024 and of future developments. The Companies Act requires the company to set out in this annual report a fair review of the business of the company during the year ended 31 October 2024, including an analysis of the position of the company at the end of the period and an analysis of the company's performance.

This has been a disappointing and uncertain year for the company, with very low economic activity and very little turnover.

Despite the fact that the turnover has significantly decreased over the past few years the company also managed to keep its administration costs low. The company has realigned it's pricing to reflect the uncertainty of economic situation due to the inflation. Even with more competition in the market the client retention rate has been effected however the company is trying it level best to strategically change their products to include more home/office furniture as there is a higher demand for it. The liquidity rate of the company has been stable with no borrowings this year.

While trading performance is nothing like what we would like it to be, but we remain hopeful that given the history of our company and our strong reputation, that we would be well positioned to take advantage of any future opportunities. By taking good care as we undertake our business in the present we will ensure the long term sustainability of our business in the future. At the heart of our operation we consider carefully how we interact with the world around us, work hard to minimise our impact and strive to make a positive contribution, taking on board the views of all of our key stakeholders.

Corporate Responsibility is a specific business discipline that takes a proactive approach to forward thinking management. It recognises that business decisions have to take into account social and environmental factors alongside economic ones. We care about where our garments and material comes from, how it is produced, the people who make it and how it is moved & sold.

ON BEHALF OF THE BOARD:

H S Cheema - Director

9 October 2025

The directors present their report with the financial statements of the company for the period 1 November 2023 to 30 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of wholesalers of clothing.

DIVIDENDS

No dividends will be distributed for the period ended 30 April 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 November 2023 to the date of this report.

H S Cheema

Mrs K Cheema

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Thapers Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

H S Cheema - Director

9 October 2025

Opinion

We have audited the financial statements of C H Harrisons plc (the 'company') for the period ended 30 April 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 30 April 2025 and of its loss for the period then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of our planning process:

" We enquired of management the systems and controls the company has in place, the areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. The company did not inform us of any known, suspected or alleged fraud.

" We obtained an understanding of the legal and regulatory frameworks applicable to the company. We determined that the following were most relevant: FRS 102, Companies Act 2006 and health and safety law.

" We considered the incentives and opportunities that exist in the company, including the extent of management bias, which present a potential for irregularities and fraud to be perpetuated, and tailored our risk assessment accordingly.

" Using our knowledge of the company, together with the discussions held with the company at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities including fraud and tailored our procedures according to this risk assessment.

The key procedures we undertook to detect irregularities including fraud during the course of the audit included:

" Identifying and testing journal entries and the overall accounting records, in particular those that were significant and unusual.

" Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied.

" Reviewing and challenging the assumptions and judgements used by management in their significant accounting estimates, in particular in relation to depreciation and stock.

" Assessing the extent of compliance, or lack of, with the relevant laws and regulations in particular those that are central to the entities ability to continue in operation.

" Testing key revenue lines, in particular cut-off, for evidence of management bias.

" Performing a physical verification of key assets , including stock.

" Obtaining third-party confirmation of material bank and loan balances.

" Documenting and verifying all significant related party balances and transactions.

" Reviewing documentation such as the company board minutes, correspondence with solicitors, for discussions of irregularities including fraud.

" Testing all material consolidation adjustments.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Andeep Kumar Mangal B.A. (Hons) F.C.A. (Senior Statutory Auditor)

for and on behalf of Thapers Chartered Accountants

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 0LT

9 October 2025

TURNOVER

1,118

36,370

Cost of sales

1,917

18,946

GROSS (LOSS)/PROFIT

(799

)

17,424

Administrative expenses

9,314

12,498

OPERATING (LOSS)/PROFIT

4

(10,113

)

4,926

Interest payable and similar expenses

5

125

168

(LOSS)/PROFIT BEFORE TAXATION

(10,238

)

4,758

Tax on (loss)/profit

6

-

(1,105

)

(LOSS)/PROFIT FOR THE FINANCIAL PERIOD

(10,238

)

5,863

(LOSS)/PROFIT FOR THE PERIOD

(10,238

)

5,863

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

(10,238

)

5,863

FIXED ASSETS

Intangible assets

7

-

-

Tangible assets

8

9,816

10,907

9,816

10,907

CURRENT ASSETS

Stocks

9

-

1,035

Debtors

10

838

903

Cash at bank and in hand

319

932

1,157

2,870

CREDITORS

Amounts falling due within one year

11

56,272

43,364

NET CURRENT LIABILITIES

(55,115

)

(40,494

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(45,299

)

(29,587

)

CREDITORS

Amounts falling due after more than one year

12

-

5,474

NET LIABILITIES

(45,299

)

(35,061

)

CAPITAL AND RESERVES

Called up share capital

13

12,500

12,500

Retained earnings

14

(57,799

)

(47,561

)

SHAREHOLDERS' FUNDS

(45,299

)

(35,061

)

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

H S Cheema - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 November 2022

12,500

(53,424

)

(40,924

)

Changes in equity

Total comprehensive income

-

5,863

5,863

Balance at 31 October 2023

12,500

(47,561

)

(35,061

)

Changes in equity

Total comprehensive income

-

(10,238

)

(10,238

)

Balance at 30 April 2025

12,500

(57,799

)

(45,299

)

Cash flows from operating activities

Cash generated from operations

1

(1,624

)

(12,265

)

Interest paid

(125

)

(168

)

Tax paid

-

1,105

Net cash from operating activities

(1,749

)

(11,328

)

Cash flows from financing activities

Amount introduced by directors

3,019

4,189

Amount withdrawn by directors

(1,883

)

(4,184

)

Net cash from financing activities

1,136

5

Decrease in cash and cash equivalents

(613

)

(11,323

)

Cash and cash equivalents at beginning of period

2

932

12,255

Cash and cash equivalents at end of period

2

319

932

1.	RECONCILIATION OF (LOSS)/PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

PERIOD

1.11.23

TO

YEAR ENDED

30.4.25

31.10.23

£

£

(Loss)/profit before taxation

(10,238

)

4,758

Depreciation charges

1,091

1,211

Finance costs

125

168

(9,022

)

6,137

Decrease in stocks

1,035

12,083

Decrease in trade and other debtors

65

3,051

Increase/(decrease) in trade and other creditors

6,298

(33,536

)

Cash generated from operations

(1,624

)

(12,265

)

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Period ended 30 April 2025

30.4.25

1.11.23

£

£

Cash and cash equivalents

319

932

Year ended 31 October 2023

31.10.23

1.11.22

£

£

Cash and cash equivalents

932

12,255

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.23

Cash flow

At 30.4.25

£

£

£

Net cash

Cash at bank and in hand

932

(613

)

319

932

(613

)

319

Total

932

(613

)

319

1.	STATUTORY INFORMATION

C H Harrisons plc is a public limited company, registered in England and Wales. The company's registered number is 02519936 and registered office address is Hadrian Chambers, Victoria Passage, Skinner Street, Wolverhampton, West Midlands WV1 4LG.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements as going concern

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" 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1994, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Short leasehold

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value and it is determined by using the average method, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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.

Appropriateness of basis of preparation of the accounts as going concern

The company's current liabilities exceed the current assets at the balance sheet date. In the opinion of the directors the accounts have been correctly prepared on a going concern basis, on the assumption that liabilities can be met as they fall due and the company has the support of its bankers, creditors, directors and the associate companies (related party)..

3.	EMPLOYEES AND DIRECTORS

There were no staff costs for the period ended 30 April 2025 nor for the year ended 31 October 2023.

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

PERIOD

1.11.23

TO

YEAR ENDED

30.4.25

31.10.23

£

£

Directors' remuneration

-

-

4.	OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

PERIOD

1.11.23

TO

YEAR ENDED

30.4.25

31.10.23

£

£

Depreciation - owned assets

1,091

1,211

Auditors' remuneration

2,000

2,000

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

PERIOD

1.11.23

TO

YEAR ENDED

30.4.25

31.10.23

£

£

Bank loan interest

125

168

6.

TAXATION

Analysis of the tax credit

The tax credit on the loss for the period was as follows:

PERIOD

1.11.23

TO

YEAR ENDED

30.4.25

31.10.23

£

£

Current tax:

Under(Over) prov previous yr

-

(1,105

)

Tax on (loss)/profit

-

(1,105

)

UK corporation tax has been charged at 19% .

7.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2023

and 30 April 2025

9,023

AMORTISATION

At 1 November 2023

and 30 April 2025

9,023

NET BOOK VALUE

At 30 April 2025

-

At 31 October 2023

-

8.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 November 2023

and 30 April 2025

56,111

57,008

113,119

DEPRECIATION

At 1 November 2023

50,460

51,752

102,212

Charge for period

566

525

1,091

At 30 April 2025

51,026

52,277

103,303

NET BOOK VALUE

At 30 April 2025

5,085

4,731

9,816

At 31 October 2023

5,651

5,256

10,907

9.

STOCKS

30/4/25

31/10/23

£

£

Stocks

-

1,035

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

31/10/23

£

£

VAT

838

903

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

31/10/23

£

£

Trade creditors

4,751

2,670

Other creditors

3,220

3,251

Associated Company

45,660

35,938

Directors' current accounts

1,141

5

Accrued expenses

1,500

1,500

56,272

43,364

12.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

31/10/23

£

£

B B Loan

-

5,474

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/25

31/10/23

value:

£

£

50,000

Ordinary

25p

12,500

12,500

14.

RESERVES

Retained

earnings

£

At 1 November 2023

(47,561

)

Deficit for the period

(10,238

)

At 30 April 2025

(57,799

)

15.	ASSOCIATED COMPANY

C H Harrisons PLC is an associated company of Harrisons Homes UK Limited, and Harrisons Properties UK Limited within the meaning of section 416 ICTA 1988.