REGISTERED NUMBER: 08326686 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

HARLOW TOWN GREYHOUND ENTERTAINMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D L Barclay

Mr L Barclay

Miss K E Bennison

REGISTERED OFFICE:

Harlow Stadium, The Pinnacles

Roydon Road

Stadium Way

Harlow

Essex

CM19 5DY

REGISTERED NUMBER:

08326686 (England and Wales)

ACCOUNTANTS:

Conroy & Lermer

Chartered Accountants

42 Lytton Road

BARNET

EN5 5BY

FIXED ASSETS

Tangible assets

4

346,255

375,686

CURRENT ASSETS

Stocks

31,600

12,700

Debtors

5

1,783,194

802,586

Cash at bank and in hand

531,211

821,019

2,346,005

1,636,305

CREDITORS

Amounts falling due within one year

6

775,054

917,472

NET CURRENT ASSETS

1,570,951

718,833

TOTAL ASSETS LESS CURRENT LIABILITIES

1,917,206

1,094,519

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

1,917,105

1,094,418

SHAREHOLDERS' FUNDS

1,917,206

1,094,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 11 December 2025 and were signed on its behalf by:

Mr D L Barclay - Director

1.	STATUTORY INFORMATION

Harlow Town Greyhound Entertainment 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 20 (2023 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

228,527

211,012

9,364

448,903

DEPRECIATION

At 1 January 2024

-

69,538

3,679

73,217

Charge for year

-

28,294

1,137

29,431

At 31 December 2024

-

97,832

4,816

102,648

NET BOOK VALUE

At 31 December 2024

228,527

113,180

4,548

346,255

At 31 December 2023

228,527

141,474

5,685

375,686

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

410,224

373,566

Amounts owed by group undertakings

1,240,206

295,174

Other debtors

118,947

119,111

Prepayments and accrued income

13,817

14,735

1,783,194

802,586

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

44,078

57,315

Amounts owed to group undertakings

231,076

239,227

Tax

293,988

103,382

Social security and other taxes

8,720

7,577

VAT

164,820

146,553

Other creditors

7,919

12,563

Accruals and deferred income

24,453

350,855

775,054

917,472

7.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £231,076 (2023: £239,227) to DOD Investments Ltd, and was owed £1,240,206 (2023: 295,174) by Valley Greyhounds Ltd a company where the director, Mr D Barclay, has common control.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D L Barclay.