| Harbour Trees Ltd |
| Registered number: |
09218900 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
82,557 |
|
|
94,966 |
|
| Current assets |
| Stock |
|
|
200 |
|
|
200 |
| Debtors |
5 |
|
52,989 |
|
|
51,529 |
| Cash at bank and in hand |
|
|
36,848 |
|
|
62,186 |
|
|
|
90,037 |
|
|
113,915 |
|
| Creditors: amounts falling due within one year |
6 |
|
(67,503) |
|
|
(82,263) |
|
| Net current assets |
|
|
|
22,534 |
|
|
31,652 |
|
| Total assets less current liabilities |
|
|
|
105,091 |
|
|
126,618 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(26,565) |
|
|
(47,268) |
|
| Provisions for liabilities |
|
|
|
(19,275) |
|
|
(22,377) |
|
|
| Net assets |
|
|
|
59,251 |
|
|
56,973 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
59,151 |
|
|
56,873 |
|
| Shareholders' funds |
|
|
|
59,251 |
|
|
56,973 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| J C Smallman |
| Director |
|
| Date: 12 July 2026 |
|
| Harbour Trees Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Machinery and equipment |
25% of reducing balance |
|
Motor vehicles |
25% of reducing balance |
|
|
With regard to the office building, the director is of the opinion that, with the intention being to ensure that the property is always kept in good repair, the residual value will never fall below the original cost. |
|
|
Stock |
|
Stock is measured at the lower of cost and estimated selling price less costs to complete and sell. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2025 |
20,000 |
|
At 31 March 2026 |
20,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2025 |
20,000 |
|
At 31 March 2026 |
20,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill has been written off in equal annual instalments over its estimated economic life of 3 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
Office building |
|
Machinery and equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
5,458 |
|
101,678 |
|
104,603 |
|
211,739 |
|
Additions |
- |
|
11,686 |
|
4,762 |
|
16,448 |
|
Disposals |
- |
|
(17,883) |
|
- |
|
(17,883) |
|
At 31 March 2026 |
5,458 |
|
95,481 |
|
109,365 |
|
210,304 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
- |
|
74,137 |
|
42,636 |
|
116,773 |
|
Charge for the year |
- |
|
9,017 |
|
16,682 |
|
25,699 |
|
On disposals |
- |
|
(14,725) |
|
- |
|
(14,725) |
|
At 31 March 2026 |
- |
|
68,429 |
|
59,318 |
|
127,747 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
5,458 |
|
27,052 |
|
50,047 |
|
82,557 |
|
At 31 March 2025 |
5,458 |
|
27,541 |
|
61,967 |
|
94,966 |
|
|
| 5 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors and accrued income |
4,038 |
|
6,651 |
|
Overdrawn director's current account |
|
30,043 |
|
32,347 |
|
Other debtors and prepayments |
|
|
|
|
18,908 |
|
12,531 |
|
|
|
|
|
|
52,989 |
|
51,529 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Coronavirus bounce back loan (part) |
2,644 |
|
5,191 |
|
Hire purchase accounts (part) |
18,063 |
|
20,525 |
|
Trade creditors |
5,437 |
|
20,384 |
|
Corporation tax |
27,909 |
|
9,552 |
|
PAYE and VAT accruals |
11,030 |
|
17,596 |
|
Other creditors and accruals |
2,420 |
|
9,015 |
|
|
|
|
|
|
67,503 |
|
82,263 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Coronavirus bounce back loan (part) |
- |
|
2,640 |
|
Hire purchase accounts (part) |
26,565 |
|
44,628 |
|
|
|
|
|
|
26,565 |
|
47,268 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
J C Smallman |
|
Director's current account |
32,347 |
|
- |
|
(2,304) |
|
30,043 |
|
|
|
32,347 |
|
- |
|
(2,304) |
|
30,043 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Harbour Trees Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Lamorna |
|
Onslow Road |
|
Salcombe |
|
Devon |
|
TQ8 8AH |