Harrison & Wright Limited

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

Registered number: 13998652

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		106,216		224,113

			106,216		224,113
CURRENT ASSETS
Debtors	5	32,065		23,215
Cash at bank and in hand		448		651

		32,513		23,866
Creditors: Amounts Falling Due Within One Year	6	(40,548 )		(162,999 )

NET CURRENT ASSETS (LIABILITIES)			(8,035 )		(139,133 )

TOTAL ASSETS LESS CURRENT LIABILITIES			98,181		84,980

Creditors: Amounts Falling Due After More Than One Year	7		(82,817 )		(168,410 )

NET ASSETS/(LIABILITIES)			15,364		(83,430 )

CAPITAL AND RESERVES
Called up share capital	9		4		4
Profit and Loss Account			15,360		(83,434 )

SHAREHOLDERS' FUNDS			15,364		(83,430)

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Harrison & Wright Limited

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.

On behalf of the board

Mr S R Wright

Director

23/12/2025

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

1. General Information

Harrison & Wright Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13998652 . The registered office is Suite 1, The Riverside Building, Hessle, East Yorkshire, HU13 0DZ.

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. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors’ best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company’s sales channels have been met, as described below.

The company provides rental properties to paying tenants. These services are provided as a fixed price contract.

The company also provides property development services.

2.4. 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:

Freehold	No depreciation charged
Motor Vehicles	20% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

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Harrison & Wright Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	195,907	40,822	236,729
Disposals	(112,256 )	-	(112,256 )

As at 31 March 2025	83,651	40,822	124,473

Depreciation
As at 1 April 2024	-	12,616	12,616
Provided during the period	-	5,641	5,641

As at 31 March 2025	-	18,257	18,257

Net Book Value
As at 31 March 2025	83,651	22,565	106,216

As at 1 April 2024	195,907	28,206	224,113

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	32,065	23,215

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Harrison & Wright Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,726	7,725
Trade creditors	47	-
Other creditors	25,766	154,737
Taxation and social security	7,009	537

	40,548	162,999

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,051	16,019
Mortgage - 13 Goddard Avenue	71,766	71,766
Mortgage - 22 Manor Road	-	80,625

	82,817	168,410

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,726	7,725
Later than one year and not later than five years	11,051	16,019

	18,777	23,744

	18,777	23,744

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

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