ACCOUNTS - Final Accounts preparation

Company Registration Number: 11910904

S HARRISON DEVELOPMENTS MANCHESTER LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

S HARRISON DEVELOPMENTS MANCHESTER LIMITED

REGISTERED NUMBER: 11910904

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Current assets
Stocks	5	2,545,945		2,545,945
		2,545,945		2,545,945
Creditors: amounts falling due within one year	6	(3,932,807)		(3,681,354)
Net current liabilities			(1,386,862)		(1,135,409)
Total assets less current liabilities			(1,386,862)		(1,135,409)
Net liabilities			(1,386,862)		(1,135,409)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(1,386,863)	(1,135,410)
	(1,386,862)	(1,135,409)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M R Harrison

Director

Date: 23 July 2026

The notes on pages 2 to 4 form part of these financial statements.

Page 1

S HARRISON DEVELOPMENTS MANCHESTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

S Harrison Developments Manchester Limited is a private company, limited by shares, and incorporated in England and Wales under the Companies Act 2006. The address of the registered office is given on the Company Information page. The nature of the Company's operations and its principal activities are set out in the Director's Report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in GBP and rounded to the nearest £.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Going concern

The Company has net current liabilities of £1,386,862 (2024 - £1,135,409), including an amount owed to group undertakings of £3,926,296 (2024 - £3,675,153). The Directors have sought and obtained written confirmation from the other group company that the loan balance will not be recalled for at least 12 months from the date of approval of the financial statements.

The Directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.5

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and direct overheads. Provisions are made where net realisable value is considered lower than cost.

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S HARRISON DEVELOPMENTS MANCHESTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, which are described in note 2, the Directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Key source of estimation uncertainty - provision for stock

Determining whether the stock balances is recoverable requires judgement based on Directors' assessment of the expected sale values of the development project. The Directors use their knowledge of the business, the trading environment and future projections to assess whether any provision is necessary.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 3).

5.	Stocks
		2025	2024
		£	£

Land stock	2,000,000	2,000,000
Work in progress	545,945	545,945
	2,545,945	2,545,945

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S HARRISON DEVELOPMENTS MANCHESTER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	3,926,296	3,675,153
Accruals and deferred income	6,511	6,201
	3,932,807	3,681,354

Amounts owed to group undertakings accrue interest at between 1.375% and 4.75% above base rate and are repayable on demand.

7.	Related party transactions
	The Company is a wholly owned subsidiary of S Harrison Group Limited and has taken advantage of the available exemption conferred by section 1AC.35 of FRS 102 Section 1A not to disclose transactions with wholly owned group members.

8.	Controlling party

The immediate parent undertaking of the Company is S Harrison Developments Limited, a company incorporated in England and Wales. The registered office address of this company is Stanley Harrison House, The Chocolate Works, Bishopthorpe Road, York, North Yorkshire, YO23 1DE.

The ultimate parent undertaking of the Company is S Harrison Group Limited, a company incorporated in England and Wales.

The smallest and largest group in which the results of the Company are consolidated is that headed by S Harrison Group Limited. Copies of the consolidated financial statements may be obtained from the registered office address of this company, Stanley Harrison House, The Chocolate Works, Bishopthorpe Road, York, North Yorkshire, YO23 1DE.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 29 July 2026 by Steven Williams (Senior Statutory Auditor) on behalf of Armstrong Watson Audit Limited.

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