Company Registration No. 11892415 (England and Wales)
Harman Retail Ltd
Unaudited accounts
for the year ended 31 March 2025
Harman Retail Ltd
Unaudited accounts
Contents
Harman Retail Ltd
Company Information
for the year ended 31 March 2025
Director
Malay Damjibhai Maniya
Company Number
11892415 (England and Wales)
Registered Office
2 High Street
Bawtry
Doncaster
South Yorkshire
DN10 6JE
England
Accountants
Equifin Accountancy Ltd
Unit A-4 Livingstone Court
55 Peel Road
Harrow
Middlesex
HA3 7QT
Harman Retail Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
17,564
11,256
Cash at bank and in hand
81,310
52,765
Creditors: amounts falling due within one year
(87,552)
(66,077)
Net current assets
85,667
77,914
Total assets less current liabilities
103,231
89,170
Creditors: amounts falling due after more than one year
(44,485)
(49,973)
Called up share capital
100
100
Profit and loss account
58,646
39,097
Shareholders' funds
58,746
39,197
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 December 2025 and were signed on its behalf by
Malay Damjibhai Maniya
Director
Company Registration No. 11892415
Harman Retail Ltd
Notes to the Accounts
for the year ended 31 March 2025
Harman Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 11892415. The registered office is 2 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Harman Retail Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
24,010
-
24,010
Additions
9,785
1,678
11,463
At 31 March 2025
33,795
1,678
35,473
At 1 April 2024
12,754
-
12,754
Charge for the year
4,820
335
5,155
At 31 March 2025
17,574
335
17,909
At 31 March 2025
16,221
1,343
17,564
At 31 March 2024
11,256
-
11,256
Amounts falling due within one year
Accrued income and prepayments
1,789
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,891
5,891
Trade creditors
5,812
10,838
Taxes and social security
18,224
12,504
Other creditors
11,063
4,368
Loans from directors
40,721
29,776
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).