Harrabin Construction Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 01163811

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		69,188		46,611

			69,188		46,611
CURRENT ASSETS
Debtors		2,106,771		1,861,940
Cash at bank and in hand		2,616,479		2,602,784

		4,723,250		4,464,724
Creditors: Amounts Falling Due Within One Year		(1,050,127 )		(940,463 )

NET CURRENT ASSETS (LIABILITIES)			3,673,123		3,524,261

TOTAL ASSETS LESS CURRENT LIABILITIES			3,742,311		3,570,872

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,550 )		-

NET ASSETS			3,731,761		3,570,872

CAPITAL AND RESERVES
Called up share capital	5		200		200
Profit and Loss Account			3,731,561		3,570,672

SHAREHOLDERS' FUNDS			3,731,761		3,570,872

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Harrabin Construction Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr B C Harrabin

Director

16th December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Harrabin Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01163811 . The registered office is 121-124 Gosford Street, Coventry, West Midlands, CV1 5EA.

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

The financial statements are rounded to the nearest £1.

The significant accounting policies applied in the preparation of these finanical statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated,

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is the total amount receivable by the company for work undertaken, excluding VAT and trade discounts.

In the case of long term contracts, turnover reflects the contract activity during the year and represents the proportion of total contract value which costs incurred to date bear to total expected contact costs.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

2.4. Financial Instruments

Financial assets and liabilities are recongnised when the Company becomes party to the contractual provisions of the financial instrument. The Company holds financial instruments which comprise cash and cash equivalents, trade and other receivable, trade and other payables and loans. The Company has chosen to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments in full.

Financial assets - classified as basic financial instruments

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Financial liabilities - classified as basic financial instruments

Basic financial liabilities, including trade and other payables and loans from Key Management Personnel, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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Harrabin Construction Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 11)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	334,253
Additions	43,140
Disposals	(38,483 )

As at 31 March 2025	338,910

Depreciation
As at 1 April 2024	287,642
Provided during the period	20,563
Disposals	(38,483 )

As at 31 March 2025	269,722

Net Book Value
As at 31 March 2025	69,188

As at 1 April 2024	46,611

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Harrabin Construction Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100
61 Ordinary A shares of £ 1.00 each	61	61
24 Ordinary B shares of £ 1.00 each	24	24
15 Ordinary C shares of £ 1.00 each	15	15

	200	200

6. Related Party Transactions

Disclosure is made below for material transactions not concluded under market conditions:

Key Management Personnel received £10,000 in rent for storage.

The Company has made loans to companies in which Key Management Personnel have a participating interest and balances of £537,507 (2024-£531,304) in debtors.

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