REGISTERED NUMBER: 04753208 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Harbour Demolition Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P K Harbour

SECRETARY:

A Harbour

REGISTERED OFFICE:

Shadwell House

65 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TW

REGISTERED NUMBER:

04753208 (England and Wales)

ACCOUNTANTS:

Peter Hodgson & Co.

Chartered Accountants

Shadwell House

65 Lower Green Road

Tunbridge Wells

Kent

TN4 8TW

FIXED ASSETS

Tangible assets

4

18,512

19,586

CURRENT ASSETS

Stocks

11,000

10,000

Debtors

5

195

17,767

Cash at bank

59,522

29,417

70,717

57,184

CREDITORS

Amounts falling due within one year

6

15,967

12,936

NET CURRENT ASSETS

54,750

44,248

TOTAL ASSETS LESS CURRENT LIABILITIES

73,262

63,834

PROVISIONS FOR LIABILITIES

7

3,207

3,412

NET ASSETS

70,055

60,422

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

70,053

60,420

SHAREHOLDERS' FUNDS

70,055

60,422

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 director acknowledges his 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 director and authorised for issue on 11 December 2025 and were signed by:

P K Harbour - Director

1.	STATUTORY INFORMATION

Harbour Demolition 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.

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.

Significant judgements and estimates

There are no significant judgements or estimates pertaining to these accounts.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Functional currency

The company's functional currency is £ Sterling

Financial instruments

Financial instruments including bank and cash balances are disclosed at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

77,201

642

64,100

141,943

Additions

5,100

-

-

5,100

At 31 March 2025

82,301

642

64,100

147,043

DEPRECIATION

At 1 April 2024

75,813

638

45,906

122,357

Charge for year

1,622

4

4,548

6,174

At 31 March 2025

77,435

642

50,454

128,531

NET BOOK VALUE

At 31 March 2025

4,866

-

13,646

18,512

At 31 March 2024

1,388

4

18,194

19,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

12,987

VAT

195

-

Prepayments

-

4,780

195

17,767

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,800

-

Tax

7,063

1,221

Social security and other taxes

1,578

1,107

Pension payable

269

-

VAT

-

1,553

Directors' current accounts

127

1,915

Accrued expenses

2,130

7,140

15,967

12,936

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

3,207

3,412

Deferred

tax

£

Balance at 1 April 2024

3,412

Provided during year

(205

)

Accelerated capital allowances

Balance at 31 March 2025

3,207

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

earnings

£

At 1 April 2024

60,420

Profit for the year

29,633

Dividends

(20,000

)

At 31 March 2025

70,053