Harvest Property Investment Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09893491 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

HARVEST PROPERTY INVESTMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M M Foo

J L Smyth

REGISTERED OFFICE:

Jock Sergisons Business Centre

Hyde Park Industrial Estate

Nelson Street

Doncaster

South Yorkshire

DN4 5AB

REGISTERED NUMBER:

09893491 (England and Wales)

FIXED ASSETS

Investment property

4

1,950,000

1,500,000

CURRENT ASSETS

Debtors

5

9,846

-

Cash at bank

28,094

3,399

37,940

3,399

CREDITORS

Amounts falling due within one year

6

155,101

145,802

NET CURRENT LIABILITIES

(117,161

)

(142,403

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,832,839

1,357,597

CREDITORS

Amounts falling due after more than
one year

7

(975,368

)

(984,492

)

PROVISIONS FOR LIABILITIES

(183,951

)

(71,451

)

NET ASSETS

673,520

301,654

CAPITAL AND RESERVES

Called up share capital

100

Undistributable reserves

9

551,853

214,353

Retained earnings

9

121,567

87,201

673,520

301,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 8 October 2026 and were signed on its behalf by:

J L Smyth - Director

1.	STATUTORY INFORMATION

Harvest Property Investment 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

At 31 March 2026, the company had net current liabilities of £117,161 (2025: £142,403). The company is dependent on the continued support of the directors and other creditors. Given the continuance of the support, the Directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,500,000

Revaluations

450,000

At 31 March 2026

1,950,000

NET BOOK VALUE

At 31 March 2026

1,950,000

At 31 March 2025

1,500,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2017

215,618

Valuation in 2021

20,186

Valuation in 2022

50,000

Valuation in 2026

450,000

Cost

1,214,196

1,950,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

Cost

1,214,196

Investment Property was valued on an open market basis on 6 February 2026 by Carter Towler Chartered Surveyors .

The directors have reviewed movements in the property market since the date of valuation and do not consider there to have been any material change in the fair value of the investment property between 6 February 2026 and the balance sheet date of 31 March 2026.

5.

DEBTORS

31.3.26

31.3.25

£

Amounts falling due within one year:

Other debtors

2,003

-

Amounts falling due after more than one year:

Other debtors

7,843

-

Aggregate amounts

9,846

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

72,980

27,794

Taxation and social security

8,062

3,504

Other creditors

74,059

114,504

155,101

145,802

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

Bank loans

975,368

984,492

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Bank loans

1,048,348

1,012,286

Bank Loans are secured over the investment property portfolio.

9.

RESERVES

Retained

Undistributable

earnings

reserves

Totals

£

At 1 April 2025

87,201

214,353

301,554

Profit for the year

371,866

Reserves transfer

(337,500

)

337,500

-

At 31 March 2026

121,567

551,853

673,420

10.	RELATED PARTY DISCLOSURES

At 31 March 2026, Sarahwood Properties Limited, a company under the control of Ms M M Foo was owed £71,404 (2025: £71,404). The loan is interest free and repayable on demand.

At 31 March 2026, Smyth & White Property Parntership Limited, a company under the control of Mr J Smyth was owed £Nil. (2025:£42,200).