REGISTERED NUMBER: 04083020 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

HARTAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Harris

N C Barlow

SECRETARY:

N C Barlow

REGISTERED OFFICE:

1st Floor

49 High Street

Hucknall

Nottinghamshire

NG15 7AW

REGISTERED NUMBER:

04083020 (England and Wales)

ACCOUNTANTS:

Elkingtons Accountants Limited

1st Floor

49 High Street

Hucknall

Nottinghamshire

NG15 7AW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

180,138

224,213

180,138

224,213

CURRENT ASSETS

Stocks

4,600

29,405

Debtors

6

262,593

453,796

Cash at bank and in hand

91

1,856

267,284

485,057

CREDITORS

Amounts falling due within one year

7

237,948

433,483

NET CURRENT ASSETS

29,336

51,574

TOTAL ASSETS LESS CURRENT LIABILITIES

209,474

275,787

CREDITORS

Amounts falling due after more than one year

8

(31,647

)

(39,444

)

PROVISIONS FOR LIABILITIES

(40,482

)

(51,101

)

NET ASSETS

137,345

185,242

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

137,342

185,239

SHAREHOLDERS' FUNDS

137,345

185,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th July 2026 and were signed on its behalf by:

R Harris - Director

N C Barlow - Director

1.	STATUTORY INFORMATION

Hartan Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. The Companies contractual obligations are performed gradually over time and revenue is recognised as activity progresses to reflect the Companies partial performance of its contractual obligations.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a businesses in 2005, 2008 and 2009 is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

33% on cost and 10% on cost

Plant and machinery

-

33% on cost, 20% on reducing balance and 15% on reducing balance

Fixtures and fittings

-

33% on cost and 20% on reducing balance

Motor vehicles

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2025

and 31st December 2025

24,039

AMORTISATION

At 1st January 2025

and 31st December 2025

24,039

NET BOOK VALUE

At 31st December 2025

-

At 31st December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st January 2025

77,883

679,953

262,461

204,208

1,224,505

Additions

-

955

3,284

-

4,239

At 31st December 2025

77,883

680,908

265,745

204,208

1,228,744

DEPRECIATION

At 1st January 2025

71,825

555,236

229,016

144,215

1,000,292

Charge for year

2,344

19,917

11,055

14,998

48,314

At 31st December 2025

74,169

575,153

240,071

159,213

1,048,606

NET BOOK VALUE

At 31st December 2025

3,714

105,755

25,674

44,995

180,138

At 31st December 2024

6,058

124,717

33,445

59,993

224,213

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st January 2025

21,052

163,009

184,061

Transfer to ownership

-

(45,711

)

(45,711

)

At 31st December 2025

21,052

117,298

138,350

DEPRECIATION

At 1st January 2025

3,555

111,267

114,822

Charge for year

2,625

8,217

10,842

Transfer to ownership

-

(26,836

)

(26,836

)

At 31st December 2025

6,180

92,648

98,828

NET BOOK VALUE

At 31st December 2025

14,872

24,650

39,522

At 31st December 2024

17,497

51,742

69,239

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,137

389,193

Amounts owed by group undertakings

-

25,756

Amounts owed by participating interests

219,779

352

Other debtors

37,677

38,495

262,593

453,796

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

140,699

-

Hire purchase contracts

7,495

33,256

Trade creditors

23,514

33,785

Amounts owed to group undertakings

2,121

-

Amounts owed to participating interests

423

149,006

Taxation and social security

62,170

113,114

Other creditors

1,526

104,322

237,948

433,483

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

31,647

39,444

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

140,699

-

Hire purchase contracts

39,142

72,700

179,841

72,700

A debenture was signed to secure all liabilities to National Westminster Bank PLC. This includes a cross company unlimited guarantee between GW1114 Limited, Hartan Limited, Midland Restorations (UK) Limited, and Midlands Response Limited.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company occupies premises owned in part by the directors. Mr R Harris and Mr N Barlow share a one third stake in the property which entitles them to £9,167 of rental income, all of which had been paid by the balance sheet date.

11.	CONTROLLING PARTY INTEREST

The directors, Mr R Harris and Mr N Barlow, each own a 50% interest in the equity of GW 1114 Limited.