HARRIS CITI LIMITED


Director	KEANE, Robert Antony


Registered Address	19 Adelphi
	Aberdeen
	AB11 5BL


Registered Number	SC439000 (Scotland)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,179,275		1,182,174
			1,179,275		1,182,174
Current assets
Debtors	4,5	1,225,564		755,212
Cash at bank and on hand		22,098		386,896
		1,247,662		1,142,108
Creditors amounts falling due within one year	6	(806,956)		(715,385)
Net current assets (liabilities)			440,706		426,723
Total assets less current liabilities			1,619,981		1,608,897
Creditors amounts falling due after one year	7		(1,171,077)		(1,304,572)
Net assets			448,904		304,325
Capital and reserves
Called up share capital			100		100
Profit and loss account			448,804		304,225
Shareholders' funds			448,904		304,325

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 July 2026, and are signed on its behalf by:

KEANE, Robert Antony
Director
Registered Company No. SC439000

HARRIS CITI LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	10

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 November 24	1,155,112	28,995	1,184,107
At 31 October 25	1,155,112	28,995	1,184,107
Depreciation and impairment
At 01 November 24	-	1,933	1,933
Charge for year	-	2,899	2,899
At 31 October 25	-	4,832	4,832
Net book value
At 31 October 25	1,155,112	24,163	1,179,275
At 31 October 24	1,155,112	27,062	1,182,174

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	948,754	611,043
Other debtors	133,457	144,169
Prepayments and accrued income	24,008	-
Total	1,106,219	755,212

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Amounts owed by group undertakings	119,345	-
Total	119,345	-

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	154,768	4,487
Bank borrowings and overdrafts	8,698	8,698
Taxation and social security	205,802	137,637
Accrued liabilities and deferred income	437,688	564,563
Total	806,956	715,385


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,900	11,598
Other creditors	1,168,177	1,292,974
Total	1,171,077	1,304,572