Company registration number: 07728141
Unaudited financial statements
for the year ended 31 March 2025
for
Clive Harrison Limited
Pages for filing with the Registrar
Company registration number: 07728141
Clive Harrison Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 3,500 4,000
Tangible assets 5 247,025 124,856
Investments 6 8,527 8,527
259,052 137,383
Current assets
Stocks 4,820 4,820
Debtors 52,432 132,110
Cash at bank and in hand 69,924 96,643
127,176 233,573
Creditors: amounts falling due within one
year 		(119,046) (72,764)
Net current assets 8,130 160,809
Total assets less current liabilities 267,182 298,192
Creditors: Amounts falling due after more
than one year 		(9,606) (16,003)
Provisions for liabilities (269) (269)
NET ASSETS 257,307 281,920
Capital and reserves
Called up share capital 2 2
Profit and loss account 257,305 281,918
TOTAL EQUITY 257,307 281,920
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07728141
Clive Harrison Limited
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 15 December 2025 and signed on its behalf by:
Mr B Harrison, Director Mr C Harrison, Director
15 December 2025 15 December 2025
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Clive Harrison Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Clive Harrison Limited is a private company registered in England and Wales. Its registered number is 07728141. The company is limited by shares. Its registered office is Unit 1, Moorland Road Ind Park, St Columb, Cornwall, TR9 6FB.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 5% straight line
3
Clive Harrison Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property -
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 15% straight line
Motor vehicles - 20% reducing balance
Computer equipment - 20% 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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2024 - 3).
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Clive Harrison Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Intangible assets
Goodwill
£
Cost
At 1 April 2024 10,000
At 31 March 2025 10,000
Amortisation
At 1 April 2024 6,000
Charge for year 500
At 31 March 2025 6,500
Net book value
At 31 March 2025 3,500
At 31 March 2024 4,000
5 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 April 2024 85,882 108,970 194,852
Additions 130,000 - 130,000
At 31 March 2025 215,882 108,970 324,852
Depreciation
At 1 April 2024 - 69,996 69,996
Charge for year - 7,831 7,831
At 31 March 2025 - 77,827 77,827
Net book value
At 31 March 2025 215,882 31,143 247,025
At 31 March 2024 85,882 38,974 124,856
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Clive Harrison Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
6 Fixed asset investments
Investments other than loans
Other
investments
other than
loans
£
Cost
At 1 April 2024 8,527
At 31 March 2025 8,527
Net book value
At 31 March 2025 8,527
At 31 March 2024 8,527
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