Company No: 08219373 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	115,178		142,904
Investment property	4	5,551,946		5,528,217
Investments	5	136		136
		5,667,260		5,671,257
Current assets
Debtors	6	1,803		1,483
Cash at bank and in hand		1,353,862		1,448,073
		1,355,665		1,449,556
Creditors: amounts falling due within one year	7	( 2,209,523)		( 2,397,374)
Net current liabilities		(853,858)		(947,818)
Total assets less current liabilities		4,813,402		4,723,439
Provision for liabilities		( 391,532)		( 421,870)
Net assets		4,421,870		4,301,569
Capital and reserves
Called-up share capital		800		800
Revaluation reserve		1,265,441		1,386,794
Profit and loss account		3,155,629		2,913,975
Total shareholders' funds		4,421,870		4,301,569

For the financial year ending 31 December 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge 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 Profit and Loss Account has not been delivered.

The financial statements of Harrison Rural Partners Limited (registered number: 08219373) were approved and authorised for issue by the Board of Directors on 20 May 2026. They were signed on its behalf by:

Mr T D Harrison Director

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

Harrison Rural Partners Limited is a private limited company, limited by shares, incorporated in England and Wales with registered number 08219373. The address of the registered office is Estate Office, Pallinghurst Farm, Rudgwick, Horsham, West Sussex, RH12 3BQ.

The statutory accounts have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Turnover

Turnover comprises revenue recognised by the company in respect of rent and related income and recharged expenses receivable relating to the year.

Taxation

Current tax
The tax expense represents the sum of the tax currently payable and any deferred tax.

The current tax charge is based on the taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates 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 where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date.

Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised. Deferred tax assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the taxable profit nor the accounting profit.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following bases:

Plant and machinery etc.

25 % reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit or loss account.

Investment property

Investment properties are included in the Balance sheet at their open market value and are not depreciated. Changes in fair value are recognised in the profit and loss account.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Investments
Unlisted investments held as fixed assets are shown at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		5

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	478,575		478,575
Additions	8,000		8,000
At 31 December 2025	486,575		486,575
Accumulated depreciation
At 01 January 2025	335,671		335,671
Charge for the financial year	35,726		35,726
At 31 December 2025	371,397		371,397
Net book value
At 31 December 2025	115,178		115,178
At 31 December 2024	142,904		142,904

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	5,528,217
Additions	145,082
Fair value movement	(121,353)
As at 31 December 2025	5,551,946

5. Fixed asset investments

	Investments in associates		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	136		136
At 31 December 2025	136		136
Carrying value at 31 December 2025	136		136
Carrying value at 31 December 2024	136		136

6. Debtors

	2025		2024
	£		£
Trade debtors	1,803		480
Other debtors	0		1,003
	1,803		1,483

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	21,762		74,434
Amounts owed to Group undertakings	36,980		36,980
Taxation and social security	106,207		48,085
Other creditors	2,044,574		2,237,875
	2,209,523		2,397,374

8. Related party transactions

Included within other creditors is £1,997,467 (2024: £2,161,987) owed to a partnership in which the directors are partners.