REGISTERED NUMBER: 04722035 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Paul Harnden Shoemakers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Harnden

REGISTERED OFFICE:

Crown House

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

04722035 (England and Wales)

FIXED ASSETS

Intangible assets

4

142,033

162,324

Tangible assets

5

742,538

80,516

Investment property

6

1,450,000

1,495,000

2,334,571

1,737,840

CURRENT ASSETS

Stocks

102,380

212,850

Debtors

7

550,056

414,787

Investments

8

5,042,324

5,042,324

Cash at bank and in hand

2,133,506

2,308,163

7,828,266

7,978,124

CREDITORS

Amounts falling due within one year

9

264,516

334,578

NET CURRENT ASSETS

7,563,750

7,643,546

TOTAL ASSETS LESS CURRENT LIABILITIES

9,898,321

9,381,386

PROVISIONS FOR LIABILITIES

34,342

34,342

NET ASSETS

9,863,979

9,347,044

CAPITAL AND RESERVES

Called up share capital

10

500

500

Fair value reserve

89,728

134,728

Retained earnings

9,773,751

9,211,816

SHAREHOLDERS' FUNDS

9,863,979

9,347,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

P Harnden - Director

1.	STATUTORY INFORMATION

Paul Harnden Shoemakers 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.

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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with acquisition of a business, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

202,906

AMORTISATION

At 1 October 2024

40,582

Charge for year

20,291

At 30 September 2025

60,873

NET BOOK VALUE

At 30 September 2025

142,033

At 30 September 2024

162,324

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

-

64,732

494,458

11,643

570,833

Additions

676,697

2,209

13,359

-

692,265

At 30 September 2025

676,697

66,941

507,817

11,643

1,263,098

DEPRECIATION

At 1 October 2024

-

61,480

426,869

1,968

490,317

Charge for year

7,613

1,057

19,689

1,884

30,243

At 30 September 2025

7,613

62,537

446,558

3,852

520,560

NET BOOK VALUE

At 30 September 2025

669,084

4,404

61,259

7,791

742,538

At 30 September 2024

-

3,252

67,589

9,675

80,516

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

1,495,000

Revaluations

(45,000

)

At 30 September 2025

1,450,000

NET BOOK VALUE

At 30 September 2025

1,450,000

At 30 September 2024

1,495,000

The 2025 valuations were made by the director, on a fair value for existing use basis.

If the investment properties had not been revalued, it would have been included at the historical cost of £1,326,380 (2024 - £1,326,380).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

80,575

132,339

Other debtors

469,481

282,448

550,056

414,787

8.	CURRENT ASSET INVESTMENTS

30.9.25

30.9.24

£

£

Listed investments

4,001,805

4,001,805

Unlisted investments

1,040,519

1,040,519

5,042,324

5,042,324

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

22,831

54,228

Taxation and social security

232,581

268,018

Other creditors

9,104

12,332

264,516

334,578

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

500

Ordinary

£1

500

500

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £2,801 (2024 - £1,794). £Nil (2024 - £Nil) were payable at the balance sheet date.

12.	RELATED PARTY DISCLOSURES

At the balance sheet date the balance due to the director was £641 (2024 - £463).