REGISTERED NUMBER: 08505271 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HAROLD SHARP LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

34,433

46,384

CURRENT ASSETS

Debtors

5

1,002,611

974,071

Cash at bank and in hand

646,427

545,694

1,649,038

1,519,765

CREDITORS

Amounts falling due within one year

6

1,624,831

1,500,763

NET CURRENT ASSETS

24,207

19,002

TOTAL ASSETS LESS CURRENT LIABILITIES

58,640

65,386

CREDITORS

Amounts falling due after more than one year

7

-

(9,584

)

PROVISIONS FOR LIABILITIES

(43,600

)

(40,762

)

NET ASSETS

15,040

15,040

CAPITAL AND RESERVES

Called up share capital

40

40

Share premium

14,990

14,990

Capital redemption reserve

10

10

SHAREHOLDERS' FUNDS

15,040

15,040

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

C A Hinchcliffe - Director

1.	STATUTORY INFORMATION

Harold Sharp Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08505271

Registered office:

5 Brooklands Place

Brooklands Road

Sale

Cheshire

M33 3SD

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Harold Sharp Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover from the supply of services represents the value of services provided to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion and the contract activity at the balance sheet date. Where payments are received in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10 years with residual value of 20%

Plant and machinery

-

10% or 20% on cost

Computer equipment

-

33% on cost

Government grants

Government grants have been accounted for under the accrual model where a grant relating to revenue is recognised as income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors and directors' loans.

These financial instruments are measured at the undiscounted amount of the cash or other consideration expected to be received or paid.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Going concern

The directors believe the company is experiencing good levels of growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly they 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 financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2024 - 48 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 January 2025

94,192

46,526

26,924

167,642

Additions

-

2,089

4,367

6,456

Disposals

-

(4,109

)

(15,339

)

(19,448

)

At 31 December 2025

94,192

44,506

15,952

154,650

DEPRECIATION

At 1 January 2025

66,696

33,024

21,538

121,258

Charge for year

9,420

4,729

4,056

18,205

Eliminated on disposal

-

(3,959

)

(15,287

)

(19,246

)

At 31 December 2025

76,116

33,794

10,307

120,217

NET BOOK VALUE

At 31 December 2025

18,076

10,712

5,645

34,433

At 31 December 2024

27,496

13,502

5,386

46,384

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

663,328

561,487

Amounts recoverable on contracts

237,831

319,312

Prepayments and accrued income

101,452

93,272

1,002,611

974,071

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

10,281

Trade creditors

22,908

30,975

Amounts owed to associates

415,246

523,173

Taxation and social security

333,349

311,037

Other creditors

853,328

625,297

1,624,831

1,500,763

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,584

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Stafford BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of SCCA Ltd T/A Stafford & Co

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ETL International AG, registered in Germany.

ETL International AG

Steinstrasse 41

Essen

Germany 45128

10.	PENSION OBLIGATIONS

The company contributes to a defined contribution scheme for employees. At 31 December 2025 there were unpaid employer pension contributions of £17,752 (2024: £15,778).

11.	OPERATING LEASE COMMITMENTS

At 31 December 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £126,002 (2024: £54,173), of which £66,433 (2024: £52,857) is payable in the next twelve months and £59,569 (2024: £1,316) between one and five years.