G&C Harris Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09129687

G&C Harris Ltd

Filleted Unaudited Financial Statements

31 July 2025

G&C Harris Ltd

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		248,076	342,158

Current assets

Debtors	6	36,982	66,131
Cash at bank and in hand		88,710	25,865
		---------	--------
		125,692	91,996

Creditors: amounts falling due within one year	7	171,298		126,297
		---------		---------
Net current liabilities			45,606	34,301
			---------	---------
Total assets less current liabilities			202,470	307,857

Creditors: amounts falling due after more than one year	8		69,633	135,769

Provisions	( 53,758)	–
	---------	---------
Net assets	79,079	172,088
	---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	79,077	172,086
	--------	---------
Shareholders funds	79,079	172,088
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

G&C Harris Ltd

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

Mr G D Harris	Mrs C Harris
Director	Director

Company registration number: 09129687

G&C Harris Ltd

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is How Farm, Howmill, Brampton, Cumbria, CA8 9JY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Computer equipment	Total
	£	£	£	£
Cost
At 1 August 2024	121,632	398,319	276	520,227
Disposals	–	( 18,185)	( 276)	( 18,461)
	---------	---------	----	---------
At 31 July 2025	121,632	380,134	–	501,766
	---------	---------	----	---------
Depreciation
At 1 August 2024	36,971	140,822	276	178,069
Charge for the year	21,166	61,527	–	82,693
Disposals	–	( 6,796)	( 276)	( 7,072)
	---------	---------	----	---------
At 31 July 2025	58,137	195,553	–	253,690
	---------	---------	----	---------
Carrying amount
At 31 July 2025	63,495	184,581	–	248,076
	---------	---------	----	---------
At 31 July 2024	84,661	257,497	–	342,158
	---------	---------	----	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	36,982	42,360
Other debtors	–	23,771
	--------	--------
	36,982	66,131
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,000	5,999
Corporation tax	16,824	–
Social security and other taxes	1,857	–
Other creditors	147,617	120,298
	---------	---------
	171,298	126,297
	---------	---------

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

	2025	2024
	£	£
Bank loans and overdrafts	–	5,000
Other creditors	69,633	130,769
	--------	---------
	69,633	135,769
	--------	---------

9. Related party transactions

The company was under the control of Mr G D Harris & Mrs C Harris throughout the current and previous year. Mr & Mrs Harris each holds 50% of the issued share capital. During the year dividends of £ 30,500 (2024 - £38,000) were paid to Mr & Mrs Harris. On the balance sheet date the company owed Mr & Mrs Harris £ 109,285 (2024 - £73,962) and this is included in Other creditors.