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Registered number: 07412989
Harrington Boyd Ltd
Financial Statements
For The Year Ended 31 December 2025
Amersham Accountancy Limited
3A Station Road
Amersham
Buckinghamshire
HP7 0BQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07412989
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,475 4,197
4,475 4,197
CURRENT ASSETS
Debtors 5 503,673 507,077
Cash at bank and in hand 230,105 321,368
733,778 828,445
Creditors: Amounts Falling Due Within One Year 6 (162,392 ) (186,390 )
NET CURRENT ASSETS (LIABILITIES) 571,386 642,055
TOTAL ASSETS LESS CURRENT LIABILITIES 575,861 646,252
NET ASSETS 575,861 646,252
CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Profit and Loss Account 573,861 644,252
SHAREHOLDERS' FUNDS 575,861 646,252
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A Formosa
Director
4 June 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Harrington Boyd Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07412989 . The registered office is 15 Foxdell Way, Chalfont St Peter, Buckinghamshire, SL9 0PL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 33% on cost
Plant & Machinery 25% on reducing balance
Motor Vehicles 20% on reducing balance
Computer Equipment 33% on reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 6)
7 6
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 January 2025 6,296 7,061 13,357
Additions - 3,565 3,565
As at 31 December 2025 6,296 10,626 16,922
Depreciation
As at 1 January 2025 2,099 7,061 9,160
Provided during the period 2,099 1,188 3,287
As at 31 December 2025 4,198 8,249 12,447
Net Book Value
As at 31 December 2025 2,098 2,377 4,475
As at 1 January 2025 4,197 - 4,197
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 476,022 477,360
Other debtors 27,651 29,717
503,673 507,077
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 133,930 132,324
Other creditors 3,138 2,257
Taxation and social security 25,324 51,809
162,392 186,390
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2,000 2,000
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Page 5
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Anthony Formosa 27,592 - 3,086 - 24,506
The above loan bears interest based on HMRC official rate, unsecured and repayable on demand.
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