REGISTERED NUMBER: 01594999 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

HARRY S. LEE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S R Barrett

M Holt

C Sibbons

REGISTERED OFFICE:

Unit 4 Byford Road

Sudbury

Suffolk

CO10 2YG

REGISTERED NUMBER:

01594999 (England and Wales)

ACCOUNTANTS:

Richard Sexton & Co LLP

3 Manor Road

Colchester

Essex

CO3 3LU

FIXED ASSETS

Tangible assets

4

375,241

389,553

CURRENT ASSETS

Stocks

5

488,240

467,440

Debtors

6

243,687

324,995

Cash at bank

36,558

50,953

768,485

843,388

CREDITORS

Amounts falling due within one year

7

69,889

164,398

NET CURRENT ASSETS

698,596

678,990

TOTAL ASSETS LESS CURRENT LIABILITIES

1,073,837

1,068,543

PROVISIONS FOR LIABILITIES

9,289

10,025

NET ASSETS

1,064,548

1,058,518

CAPITAL AND RESERVES

Called up share capital

42,000

42,000

Share premium

44,000

44,000

Retained earnings

978,548

972,518

SHAREHOLDERS' FUNDS

1,064,548

1,058,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 May 2026 and were signed on its behalf by:

S R Barrett - Director

1.	STATUTORY INFORMATION

Harry S. Lee 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.

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.

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.

Turnover

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

Tangible fixed assets

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

Freehold property

-

2% on cost

Improvements to property

-

4% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 September 2024

520,156

81,818

216,334

Additions

-

-

5,718

At 31 August 2025

520,156

81,818

222,052

DEPRECIATION

At 1 September 2024

183,350

61,283

216,334

Charge for year

10,404

3,300

572

At 31 August 2025

193,754

64,583

216,906

NET BOOK VALUE

At 31 August 2025

326,402

17,235

5,146

At 31 August 2024

336,806

20,535

-

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 September 2024

194,001

9,253

1,021,562

Additions

519

-

6,237

At 31 August 2025

194,520

9,253

1,027,799

DEPRECIATION

At 1 September 2024

170,117

925

632,009

Charge for year

3,960

2,313

20,549

At 31 August 2025

174,077

3,238

652,558

NET BOOK VALUE

At 31 August 2025

20,443

6,015

375,241

At 31 August 2024

23,884

8,328

389,553

5.

STOCKS

2025

2024

£

£

Parts and work-in-progress

7,490

7,490

Vehicles for resale

480,750

459,950

488,240

467,440

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,927

108,837

Other debtors

25,000

51,704

Amount owed by associated company

156,368

140,968

Prepayments and accrued income

40,392

23,486

243,687

324,995

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

36,431

39,439

Corporation tax

4,535

6,350

Social security and other taxes

14,015

8,239

Other creditors

3,254

5,047

Accrued expenses

11,654

105,323

69,889

164,398

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by S R Barrett who owns all of the issued share capital.