Company No: 09155006 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr W S Harvey
	Mr J A Harvey

REGISTERED OFFICE	The Coombe
	Newlyn
	Penzance
	TR18 5HF
	United Kingdom

COMPANY NUMBER

09155006 (England and Wales)

CHARTERED ACCOUNTANTS	Francis Clark LLP
	Lowin House
	Tregolls Road
	Truro
	Cornwall TR1 2NA

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	903,672		779,543
		903,672		779,543
Current assets
Stocks		248,242		257,271
Debtors	5	537,625		515,015
Cash at bank and in hand		830,905		1,001,417
		1,616,772		1,773,703
Creditors: amounts falling due within one year	6	( 255,945)		( 473,040)
Net current assets		1,360,827		1,300,663
Total assets less current liabilities		2,264,499		2,080,206
Creditors: amounts falling due after more than one year	7	( 169,234)		( 214,346)
Provision for liabilities		( 170,251)		( 28,825)
Net assets		1,925,014		1,837,035
Capital and reserves
Called-up share capital		190,000		210,000
Revaluation reserve		20,675		60,675
Capital redemption reserve		190,000		170,000
Profit and loss account		1,524,339		1,396,360
Total shareholders' funds		1,925,014		1,837,035

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of W Harvey & Sons Limited (registered number: 09155006) were approved and authorised for issue by the Board of Directors on 03 June 2026. They were signed on its behalf by:

Mr W S Harvey 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

W Harvey & Sons 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 The Coombe, Newlyn, Penzance, TR18 5HF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Foreign currency

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
It is probable that future economic benefits will flow to the entity;
And specific criteria have been met for each of the company’s activities.

Employee benefits

Defined contribution schemes
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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:

Goodwill

5 years straight line

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:

Land and buildings	depreciated over the life of the lease
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	4 years straight line

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 Statement of Income and Retained Earnings as described below.

Stocks

The cost of direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	36		32

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2025	20,000		20,000
At 31 December 2025	20,000		20,000
Accumulated amortisation
At 01 January 2025	20,000		20,000
At 31 December 2025	20,000		20,000
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	723,180		291,308		87,999		8,618		1,111,105
Additions	94,036		129,602		0		0		223,638
Revaluations	( 40,000)		0		0		0		( 40,000)
Disposals	0		( 750)		( 3,841)		0		( 4,591)
At 31 December 2025	777,216		420,160		84,158		8,618		1,290,152
Accumulated depreciation
At 01 January 2025	66,292		199,539		57,113		8,618		331,562
Charge for the financial year	12,650		38,113		7,688		0		58,451
Disposals	0		( 13)		( 3,520)		0		( 3,533)
At 31 December 2025	78,942		237,639		61,281		8,618		386,480
Net book value
At 31 December 2025	698,274		182,521		22,877		0		903,672
At 31 December 2024	656,888		91,769		30,886		0		779,543

5. Debtors

	2025		2024
	£		£
Trade debtors	496,377		464,918
Amounts owed by directors	10,506		0
Prepayments	22,030		20,036
VAT recoverable	8,337		13,550
Other debtors	375		16,511
	537,625		515,015

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		62,424
Trade creditors	50,314		57,200
Amounts owed to directors	6,962		14,140
Accruals	43,441		63,219
Corporation tax	123,030		237,788
Other taxation and social security	18,372		16,722
Other creditors	13,826		21,547
	255,945		473,040

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		45,112
Other creditors	169,234		169,234
	169,234		214,346

There are no amounts included above in respect of which any security has been given by the small entity.

8. Financial commitments

Other financial commitments

	2025		2024
	£		£
Lease of land and buildings	70,965		72,475