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Company No: 10611775 (England and Wales)

# HARRY ALLEN LIMITED

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

HARRY ALLEN LIMITED

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

HARRY ALLEN LIMITED

## COMPANY INFORMATION

For the financial year ended 30 June 2025
HARRY ALLEN LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 30 June 2025

DIRECTOR | A Grodecki

REGISTERED OFFICE | Benham House 1 North Close
| Shorncliffe Industrial Estate
| Folkestone
| CT20 3UH
| United Kingdom

COMPANY NUMBER | 10611775 (England and Wales)

ACCOUNTANT | Burgess Hodgson Limited
| Camburgh House
| 27 New Dover Road
| Canterbury
| CT1 3DN
| United Kingdom

HARRY ALLEN LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 30 June 2025
HARRY ALLEN LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Stocks |  | 168,880 |  | 98,418
Debtors | 6 | 1,817,868 |  | 1,649,449
Cash at bank and in hand |  | 27,322 |  | 13,869
|  | 2,014,070 |  | 1,761,736
Creditors: amounts falling due within one year | 7 | ( 1,802,065) |  | ( 1,598,439)
Net current assets |  | 212,005 |  | 163,297
Total assets less current liabilities |  | 212,005 |  | 163,297
Net assets |  | 212,005 |  | 163,297
Capital and reserves |  |  |  |
Called-up share capital |  | 1 |  | 1
Profit and loss account |  | 212,004 |  | 163,296
Total shareholder's funds |  | 212,005 |  | 163,297

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Harry Allen Limited (registered number: 10611775) were approved and authorised for issue by the Director on 03 March 2026. They were signed on its behalf by:

A Grodecki Director |

HARRY ALLEN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
HARRY ALLEN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Harry Allen Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Benham House 1 North Close, Shorncliffe Industrial Estate, Folkestone, CT20 3UH, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 5 years straight line

###### Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 5 years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings | 5 years straight line
Office equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

#### 2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

#### 3. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 4. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 214,370 |  | 214,370
At 30 June 2025 | 214,370 |  | 214,370
Accumulated amortisation |  |  |
At 01 July 2024 | 214,370 |  | 214,370
At 30 June 2025 | 214,370 |  | 214,370
Net book value |  |  |
At 30 June 2025 | 0 |  | 0
At 30 June 2024 | 0 |  | 0

#### 5. Tangible assets

| Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 July 2024 | 21,875 |  | 12,134 |  | 34,009
At 30 June 2025 | 21,875 |  | 12,134 |  | 34,009
Accumulated depreciation |  |  |  |  |
At 01 July 2024 | 21,875 |  | 12,134 |  | 34,009
At 30 June 2025 | 21,875 |  | 12,134 |  | 34,009
Net book value |  |  |  |  |
At 30 June 2025 | 0 |  | 0 |  | 0
At 30 June 2024 | 0 |  | 0 |  | 0

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 3,570 |  | 17,333
Amounts owed by Group undertakings | 1,814,298 |  | 1,628,579
Other debtors | 0 |  | 3,537
| 1,817,868 |  | 1,649,449

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 133,965 |  | 130,559
Amounts owed to Group undertakings | 1,498,053 |  | 1,428,423
Taxation and social security | 16,236 |  | 23,253
Other creditors | 153,811 |  | 16,204
| 1,802,065 |  | 1,598,439

#### 8. Related party transactions

Transactions with entities in which the entity itself has a participating interest

| 2025 |  | 2024
| £ |  | £
At the year end the company owed the following amount to group companies: | 1,498,053 |  | 1,428,423
At the year end the companies related by common control owed the company | 1,814,298 |  | 1,628,579

#### 9. Ultimate controlling party

Parent Company:

The company's ultimate parent company is Vernon Fox Group Limited, a company incorporated in England and Wales.
The parent company is registered at Benham House, North Close, Shorncliffe Industrial Estate, Folkestone, Kent, England, CT20 3UH.