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Registration number: 10854846

Harben Investments Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 July 2025

Harben Investments Ltd
(Registration number: 10854846)

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Harben Investments Ltd
(Registration number: 10854846)

Company Information

Directors | C J Harris V A Harris

Company secretary | V A Harris

Registered office | 1B Over Road Longstanton Cambridge CB24 3DW

Registered number | 10854846

Harben Investments Ltd
(Registration number: 10854846)

Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed Assets |  |  |
Investment property | 4 | 850,000 | 850,000
Current assets |  |  |
Debtors | 5 | 317 | 516
Cash at bank and in hand |  | 5,743 | 2,936
|  | 6,060 | 3,452
Creditors: Amounts falling due within one year | 6 | (1,659) | (1,500)
Net current assets |  | 4,401 | 1,952
Total assets less current liabilities |  | 854,401 | 851,952
Creditors: Amounts falling due after more than one year | 6 | (694,881) | (700,846)
Net assets |  | 159,520 | 151,106
Capital and Reserves |  |  |
Called up share capital |  | 100 | 100
Revaluation reserve |  | 188,632 | 188,632
Retained Earnings |  | (29,212) | (37,626)
Shareholders' funds |  | 159,520 | 151,106

Harben Investments Ltd
(Registration number: 10854846)

Balance Sheet as at 31 July 2025

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 January 2025 and signed on its behalf by:

......................................... C J Harris Director

Harben Investments Ltd
(Registration number: 10854846)

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1B Over Road
Longstanton
Cambridge
CB24 3DW

These financial statements were authorised for issue by the Board on 16 January 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Harben Investments Ltd
(Registration number: 10854846)

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the company directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit or loss.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Harben Investments Ltd
(Registration number: 10854846)

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4 | Investment properties

| 2025 £
At 1 August | 850,000
Fair value adjustments | -
At 31 July | 850,000

The directors have reviewed the fair value of the investment properties at 31 July 2024, there has been no valuation of investment property by an independent valuer.

5 | Debtors

The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the year are £Nil (2024 - £Nil)
All amounts are due within one year.

Current | 2025 £ | 2024 £
Prepayments | 317 | 516
| 317 | 516

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 475 | 570
Accruals and deferred income |  | 1,184 | 930
|  | 1,659 | 1,500

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 694,881 | 700,846

Harben Investments Ltd
(Registration number: 10854846)

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 513,759 | 510,596
Other borrowings | 181,122 | 190,250
| 694,881 | 700,846

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 475 | 570

Loans and borrowings includes a balance of £68,108 (2023 - £83,781) due to C J and V A Harris. The directors have made interest free loans to the company which have no fixed date for repayment. The directors have taken the choice afforded by FRED 67 to record the balance on their Directors loan accounts at transaction value.
Loans and borrowings also includes a balance of £122,143 (2023 - £122,155) for a bank loan due to Kensington Mortgage Company Limited which is secured by a first fixed charge over 4 Lime Close, Red Lodge, Bury St Edmunds, Suffolk, IP28 8WY, freehold property owned by the company, a balance of £229,125 (2023 - £228,784) for a bank loan due to The Mortgage Works (UK) PLC which is secured by a first fixed charge over 6 The Cedars, Lakenheath, Brandon, Suffolk, IP27 9HG, freehold property owned by the company and a balance of £280,997 (2023 - £280,986) for a loan due to the Trustees of the Harris Legacy Fund SSAS which is secured by a first fixed charge over Brick Kiln Bungalow, Brick Kiln Road, Mildenhall, Bury St Edmunds, IP28 7HY.