REGISTERED NUMBER: 13759749 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Harris Classics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Ian Harris

REGISTERED OFFICE:

Asm House

103a Keymer Road

Keymer

United Kingdom

BN6 8QL

REGISTERED NUMBER:

13759749 (England and Wales)

FIXED ASSETS

Tangible assets

4

69,009

316,211

Investment property

5

-

100,000

69,009

416,211

CURRENT ASSETS

Debtors

6

20,665

96,799

Cash at bank

293,302

853,408

313,967

950,207

CREDITORS

Amounts falling due within one year

7

5,354

693,446

NET CURRENT ASSETS

308,613

256,761

TOTAL ASSETS LESS CURRENT LIABILITIES

377,622

672,972

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

377,521

672,871

SHAREHOLDERS' FUNDS

377,622

672,972

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 21 May 2026 and were signed by:

Mr Ian Harris - Director

1.	STATUTORY INFORMATION

Harris Classics Ltd 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.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

26,058

214,333

155,769

1,078

397,238

Disposals

(26,057

)

(197,357

)

-

-

(223,414

)

At 30 November 2025

1

16,976

155,769

1,078

173,824

DEPRECIATION

At 1 December 2024

-

4,833

75,924

270

81,027

Charge for year

-

3,625

19,961

202

23,788

At 30 November 2025

-

8,458

95,885

472

104,815

NET BOOK VALUE

At 30 November 2025

1

8,518

59,884

606

69,009

At 30 November 2024

26,058

209,500

79,845

808

316,211

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

100,000

Disposals

(100,000

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

100,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

18,331

86,582

Other Debtors - Micheal Gamble

2,334

2,334

VAT

-

7,883

20,665

96,799

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

47

57

Tax

-

110,200

VAT

2,117

-

Proposed dividends

-

80,000

Directors' current accounts

2,140

502,140

Accrued expenses

1,050

1,049

5,354

693,446