Harrisongs Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00819154

Harrisongs Limited

Filleted Unaudited Financial Statements

31 December 2025

Harrisongs Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	9,583	20,486
Investments	6	100	100
		-------	--------
		9,683	20,586

Current assets

Debtors	7	3,142,154	4,925,375
Cash at bank and in hand		5,929,581	4,548,384
		------------	------------
		9,071,735	9,473,759

Creditors: amounts falling due within one year	8	( 1,013,093)		( 774,220)
		------------		------------
Net current assets			8,058,642	8,699,539
			------------	------------
Total assets less current liabilities			8,068,325	8,720,125
			------------	------------
Net assets			8,068,325	8,720,125
			------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	8,068,225	8,720,025
	------------	------------
Shareholders funds	8,068,325	8,720,125
	------------	------------

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 comprehensive income has not been delivered.

For the year ending 31 December 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 .

Harrisongs Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 10 August 2026 , and are signed on behalf of the board by:

O Harrison

Director

Company registration number: 00819154

Harrisongs Limited

Notes to the Financial Statements

Year ended 31 December 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 10 Orange Street, Haymarket, London, WC2H 7DQ.

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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances .

Revenue recognition

Turnover represents income from music publishing as reported to the company, studio rentals and fees for promoting as invoiced. All amounts are stated exclusive of Value Added Tax.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost.

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:

Acquired Copyright	-	20% straight line
Fixtures, Fittings & Equipment	-	20% straight line
Computer Equipment	-	20% straight line
Recording Studio	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units .

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Recording studio costs	Fixtures and fittings	Equipment	Acquired Copyrights	Total
	£	£	£	£	£
Cost
At 1 January 2025	269,627	794,864	55,527	13,000	1,133,018
Additions	–	–	8,871	–	8,871
	---------	---------	--------	--------	------------
At 31 December 2025	269,627	794,864	64,398	13,000	1,141,889
	---------	---------	--------	--------	------------
Depreciation
At 1 January 2025	262,733	794,864	41,935	13,000	1,112,532
Charge for the year	6,894	–	12,880	–	19,774
	---------	---------	--------	--------	------------
At 31 December 2025	269,627	794,864	54,815	13,000	1,132,306
	---------	---------	--------	--------	------------
Carrying amount
At 31 December 2025	–	–	9,583	–	9,583
	---------	---------	--------	--------	------------
At 31 December 2024	6,894	–	13,592	–	20,486
	---------	---------	--------	--------	------------

6. Investments

	Other investments other than loans
	£
Cost
At 1 January 2025 and 31 December 2025	100
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	100
	----
At 31 December 2024	100
	----

The investment represents 100% ownership of the ordinary share capital of Grove Street Productions Limited, a company incorporated in England and Wales on the 5th of April 2006, which has a principal activity of producing a documentary. Its accounts for the period ended 31st December 2025 show a profit after tax of £43,786 (2024: £24,641) and an aggregate capital and reserves balance of £(1,435,809) (2024: £(1,479,595)).

7. Debtors

	2025	2024
	£	£
Trade debtors	843	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,777,742	1,798,464
Other debtors	1,363,569	3,126,911
	------------	------------
	3,142,154	4,925,375
	------------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	52,270	65,142
Corporation tax	858,212	475,427
Social security and other taxes	6,570	75,942
Other creditors	96,041	157,709
	------------	---------
	1,013,093	774,220
	------------	---------

9. Related party transactions

The company received promotional fees of £1,216,932 (2024: £1,479,458) from Apple Corps Limited and Subafilms Limited, companies in which The G. Harrison Will Trust has an interest and which is the beneficial owner of Harrisongs Limited . O. Harrison, a director of the company, is also a director of The Material World Foundation Limited. During the year, a donation was paid to the Foundation of £nil (2024: £9,858). All transactions arose in the normal course of business and on an arm's length basis. At the year end the company owed the Foundation £nil (2024: £nil). O. Harrison is also a director of Grove Street Productions Limited. As at 31st December 2025, Harrisongs Limited was owed £1,530,720 (2024: £1,530,720) by Grove Street Productions Limited.

10. Controlling party

The immediate parent undertaking is G H Estate Limited .