Harbourdale Capital Limited - Filleted accounts

Registered number

01863544

Harbourdale Capital Limited

Filleted Accounts

31 January 2026

Harbourdale Capital Limited
Registered number:		01863544
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		2,208			2,598
Investments	5		150,004			105,004
			152,212			107,602

Current assets
Debtors	6	670,763			568,086
Investments held as current assets	7	1,726,401			1,540,741
Cash at bank and in hand		27,518			350,229
		2,424,682			2,459,056

Creditors: amounts falling due within one year	8	(105,186)			(4,174)

Net current assets			2,319,496			2,454,882

Total assets less current liabilities			2,471,708			2,562,484

Creditors: amounts falling due after more than one year	9		(2,074,749)			(2,413,869)



Net assets			396,959			148,615

Capital and reserves
Called up share capital			2			2
Profit and loss account			396,957			148,613

Shareholders' funds			396,959			148,615

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


T A Shelbourn
Director
Approved by the board on 22 October 2026

Harbourdale Capital Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is from earned rental income and it is recognised on an accruals basis in accordance with the substance of the relevant agreement.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings	15% - reducing balance

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.

	Investments held as curent assets
	Investments held as current assets are investments in shares of quoted companies and are included at fair value.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		3


3	Taxation

	At 31 January 2026, the company had significant unrelieved tax losses that are available to offset against future taxable trading profits. Given the uncertainty of future taxable profits, no provision has been made for deferred tax asset.


4	Tangible fixed assets
						Plant and machinery etc
£
	Cost
	At 1 February 2025					4,724
	At 31 January 2026					4,724

	Depreciation
	At 1 February 2025					2,126
	Charge for the year					390
	At 31 January 2026					2,516

	Net book value
	At 31 January 2026					2,208
	At 31 January 2025					2,598


5	Investments
Investments in
subsidiary			Other
undertakings			investments		Total
£			£		£
	Fair Value
	At 1 February 2025	4		105,000		105,004
	Revaluation	-		45,000		45,000

	At 31 January 2026	4		150,000		150,004

	Historical cost
	At 1 February 2025	4		147,000
	At 31 January 2026	4		147,000

	The other investment represents a piece of land which was revalued in 2026 by a professional independent valuer. The revaluation has been recognised through the profit and loss account.


6	Debtors			2026		2025
£					£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest			670,753		563,946
	Other debtors			10		4,140
				670,763		568,086


7	Investments held as current assets			2026		2025
£					£
	Fair value
	Listed investments			1,726,401		1,540,741

	Increase in fair value included in the profit and loss account for the financial year
	Listed investments			185,659		59,756

	The investments held are equity investments and have been included at their market value as at 31 January 2026.


8	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			100,000		-
	Trade creditors			457		597
	Taxation and social security costs			806		1,543
	Other creditors			3,923		2,034
				105,186		4,174


9	Creditors: amounts falling due after one year			2026		2025
£					£

	Other creditors			2,074,749		2,413,869


10	Loans			2026		2025
£					£
	Creditors include:

	Secured bank loans			100,000		-

	The bank loan is a rolling short-term bank loan, secured on the listed investments held with Deutsche Bank.


11	Controlling party

	The ultimate controlling party is T A Shelbourn, by virtue of her shareholding.

12	Other information

	Harbourdale Capital Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Hine House
	25 Regent Street
	Nottingham
	NG1 5BS