REGISTERED NUMBER: 04112164 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

HARRIS HILL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Morris

J W Wellesley Wesley

SECRETARY:

A Morris

REGISTERED OFFICE:

Milton Gate

60 Chiswell Street

London

EC1Y 4AG

REGISTERED NUMBER:

04112164 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,682

13,356

10,682

13,356

CURRENT ASSETS

Debtors

6

1,710,763

1,688,724

Cash at bank and in hand

46,935

190,007

1,757,698

1,878,731

CREDITORS

Amounts falling due within one year

7

355,297

419,930

NET CURRENT ASSETS

1,402,401

1,458,801

TOTAL ASSETS LESS CURRENT LIABILITIES

1,413,083

1,472,157

PROVISIONS FOR LIABILITIES

10

2,653

2,261

NET ASSETS

1,410,430

1,469,896

CAPITAL AND RESERVES

Called up share capital

11

5,024

5,024

Retained earnings

1,405,406

1,464,872

SHAREHOLDERS' FUNDS

1,410,430

1,469,896

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 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 4 December 2025 and were signed on its behalf by:

A Morris - Director

1.	STATUTORY INFORMATION

Harris Hill 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.

Turnover

The turnover shown in the profit and loss account represents the value of work carried out in the year.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software 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.

Office equipment & furniture

-

33% on cost

Computer equipment

-

33% on cost

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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

36,017

AMORTISATION

At 1 April 2024

and 31 March 2025

36,017

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Office

equipment

Computer

& furniture

equipment

Totals

£

£

£

COST

At 1 April 2024

4,783

211,345

216,128

Additions

125

762

887

Disposals

-

(164,408

)

(164,408

)

At 31 March 2025

4,908

47,699

52,607

DEPRECIATION

At 1 April 2024

1,196

201,576

202,772

Charge for year

928

2,633

3,561

Eliminated on disposal

-

(164,408

)

(164,408

)

At 31 March 2025

2,124

39,801

41,925

NET BOOK VALUE

At 31 March 2025

2,784

7,898

10,682

At 31 March 2024

3,587

9,769

13,356

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

366,392

301,598

Amounts owed by group undertakings

1,312,925

1,317,700

Other debtors

31,446

69,426

1,710,763

1,688,724

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

66,490

40,786

Taxation and social security

193,453

264,078

Other creditors

95,354

115,066

355,297

419,930

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

-

24,317

Between one and five years

-

28,718

-

53,035

9.	SECURED DEBTS

In December 2009, the company entered into an invoice finance prepayment facility with HSBC plc whereby amounts can be drawn against trade receivables up to a maximum limited of £650,000 subject to certain conditions. The company remains responsible for the collection of debts and for the risk of slow or non payment. Charges are applied to the value of debts notified for collection and interest is charged daily on amounts drawn down at LIBOR plus 3.96%. HSBC has a charge over the trade receivables for their outstanding debt.

As at the balance sheet date, included in cash at bank is an amount of £23,764 (2024 - £29,332) received in advance of this money being received from debtors.

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

2,653

2,261

Deferred

tax

£

Balance at 1 April 2024

2,261

Accelerated Capital Allowances

392

Balance at 31 March 2025

2,653

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

5,020

'A' Ordinary Voting

£1

5,020

5,020

2

'B' Ordinary Non Voting

£1

2

2

2

'C' Ordinary Non Voting

£1

2

2

5,024

5,024

'A' Ordinary shares are entitled to receive notice of a General Meeting and the right to vote at any such meeting. The 'A' Ordinary shareholders are entitled to any dividend as the directors resolve to distribute to such shareholders. On a winding up they are entitled to receive, pari passu, with each 'B' and 'C' Ordinary share any such sum that shall be paid up but will also be entitled to share in any surplus assets.

'B' Ordinary shares and 'C' Ordinary shares each have the same rights. They are non voting right shares and have no right to attend any General Meeting or receive notice thereof. They are entitled to any dividend as the directors resolve to distribute to the holders of 'B' or 'C' Ordinary shares. These two classes of shares can only be transferred at a price no higher than the capital amount paid up on those shares. On winding up they are entitle to receive pari passu, with the 'A' Ordinary shares any such sum that shall be paid up but will not be entitled to participate in any surplus assets after any such payment.