Harbour Housing Services Ltd

Balance Sheet

31 March 2025

	Note	2025 £	2024 £
Current assets
Debtors	4	3,198	5,610
Cash at bank and in hand		47,133	13,197
		50,331	18,807
Creditors: Amounts falling due within one year	5	(23,782)	(15,146)
Net assets		26,549	3,661
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		26,449	3,561
Shareholders' funds		26,549	3,661

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 30 October 2025 and signed on its behalf by:
 

......................................... Mr Timothy Charles Styles Director

Company Registration Number: 10048718

Harbour Housing Services Ltd

Notes to the Financial Statements

Year Ended 31 March 2025

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:
81 Truro Road
St Austell
Cornwall
PL25 5JQ

These financial statements were authorised for issue by the Board on 30 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

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 returns, rebates and discounts and after eliminating sales within the company.

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

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 corporation 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.

Harbour Housing Services Ltd

Notes to the Financial Statements

Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.
 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 5).

4

Debtors

	2025 £	2024 £
Trade debtors	3,198	5,610
	3,198	5,610

Harbour Housing Services Ltd

Notes to the Financial Statements

Year Ended 31 March 2025

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	20
Amounts owed to group undertakings	15,852	11,197
Taxation and social security	3,780	3,105
Accruals and deferred income	4,150	-
Other creditors	-	824
	23,782	15,146

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

7

Dividends

The dividend paid in year represents the gift aided distribution of prior year profits to the parent charity Cosgarne Hall Limited.

8	Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report was Darren Perry BA (Hons) ACA DChA, who signed for and on behalf of PKF Francis Clark on 4 December 2025.

9	Parent and ultimate parent undertaking

The company's immediate parent is Cosgarne Hall Limited, incorporated in England and Wales.

 

Relationship between entity and parents

The parent of the smallest group in which these financial statements are consolidated is Cosgarne Hall Limited, incorporated in England and Wales.

The address of Cosgarne Hall Limited is:
81 Truro Road
St Austell
Cornwall
PL25 5JQ