Harvey's Leisure (South Wales) Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 03708019 (England and Wales)

HARVEY'S LEISURE (SOUTH WALES) LTD.

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D R Barton

SECRETARY:

L Titarelli

REGISTERED OFFICE:

Unit 4

Ponthir Road

Caerleon

Gwent

NP18 3NY

REGISTERED NUMBER:

03708019 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

11,461

11,685

Investment property

5

498,136

518,136

509,597

529,821

CURRENT ASSETS

Stocks

10,000

14,000

Debtors

6

30,717

25,530

Cash at bank

2,524

-

43,241

39,530

CREDITORS

Amounts falling due within one year

7

87,244

74,664

NET CURRENT LIABILITIES

(44,003

)

(35,134

)

TOTAL ASSETS LESS CURRENT LIABILITIES

465,594

494,687

CREDITORS

Amounts falling due after more than one
year

8

433,999

494,325

NET ASSETS

31,595

362

CAPITAL AND RESERVES

Called up share capital

9

200,100

Fair value reserve

10

68,335

88,335

Retained earnings

(236,840

)

(288,073

)

SHAREHOLDERS' FUNDS

31,595

362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th June 2026 and were signed by:

D R Barton - Director

1.	STATUTORY INFORMATION

Harvey's Leisure (South Wales) 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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

COST

At 1st February 2025

6,900

351,672

2,400

360,972

Additions

-

2,000

Disposals

-

(1,200

)

(1,200

)

At 31st January 2026

6,900

351,672

3,200

361,772

DEPRECIATION

At 1st February 2025

-

348,487

800

349,287

Charge for year

-

791

633

1,424

Eliminated on disposal

-

(400

)

(400

)

At 31st January 2026

-

349,278

1,033

350,311

NET BOOK VALUE

At 31st January 2026

6,900

2,394

2,167

11,461

At 31st January 2025

6,900

3,185

1,600

11,685

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2025

518,136

Revaluations

(20,000

)

At 31st January 2026

498,136

NET BOOK VALUE

At 31st January 2026

498,136

At 31st January 2025

518,136

Fair value at 31st January 2026 is represented by:

£

Valuation in 2020

(66,596

)

Valuation in 2024

154,932

Valuation in 2026

(20,000

)

Cost

429,800

498,136

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

14,458

14,513

Prepayments

16,259

11,017

30,717

25,530

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

-

36

Covid resilience loan

2,529

2,860

Trade creditors

54,684

44,052

Corporation Tax

1,418

1,818

Social security and other taxes

821

-

VAT

20,795

19,925

Other creditors

3,626

2,823

Accruals and deferred income

3,371

3,150

87,244

74,664

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Covid resilience loan - 1-2 yr

2,529

2,860

Covid resilience - 2-5 years

6,829

8,695

Other creditors

127,465

155,971

Directors' loan accounts

297,176

326,799

433,999

494,325

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

200,100

Ordinary

£1

200,100

10.

RESERVES

Fair

value

reserve

£

At 1st February 2025

88,335

Transfer to fair value reserve

(20,000

)

At 31st January 2026

68,335

11.	GOING CONCERN

After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis preparing its financial statements.