Company No: 14569860 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.06.2025		30.06.2024
		£		£
Fixed assets
Intangible assets	3	520		520
Tangible assets	4	1,646		1,646
		2,166		2,166
Current assets
Debtors	5	1,492		2,959
Cash at bank and in hand		69		9,305
		1,561		12,264
Creditors: amounts falling due within one year	6	( 2,536)		( 13,239)
Net current liabilities		(975)		(975)
Total assets less current liabilities		1,191		1,191
Net assets		1,191		1,191
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		1,091		1,091
Total shareholders' funds		1,191		1,191

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 members have 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 Profit and Loss Account has not been delivered.

The financial statements of Harbourside Developments 2022 Limited (registered number: 14569860) were approved and authorised for issue by the Director on 22 May 2026. They were signed on its behalf by:

H S Mirmiran 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 period, unless otherwise stated.

General information and basis of accounting

Harbourside Developments 2022 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 Towngate House 2-8 Parkstone Road, Poole, BH15 2PW, 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet 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:

Website costs

not amortised

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, reducing balance] basis over its expected useful life, as follows:

Plant and machinery

15 % reducing balance

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	Year ended 30.06.2025		Period from 04.01.2023 to 30.06.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 July 2024	520		520
At 30 June 2025	520		520
Accumulated amortisation
At 01 July 2024	0		0
At 30 June 2025	0		0
Net book value
At 30 June 2025	520		520
At 30 June 2024	520		520

4. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 July 2024	1,894		1,894
At 30 June 2025	1,894		1,894
Accumulated depreciation
At 01 July 2024	248		248
At 30 June 2025	248		248
Net book value
At 30 June 2025	1,646		1,646
At 30 June 2024	1,646		1,646

5. Debtors

	30.06.2025		30.06.2024
	£		£
Corporation tax	158		0
Other debtors	1,334		2,959
	1,492		2,959

6. Creditors: amounts falling due within one year

	30.06.2025		30.06.2024
	£		£
Trade creditors	320		2,261
Taxation and social security	0		6,203
Other creditors	2,216		4,775
	2,536		13,239

7. Called-up share capital

	30.06.2025		30.06.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100