HARRIS PARK HOMES LTD - Filleted accounts

Registered number

06487866

HARRIS PARK HOMES LTD

Filleted Accounts

31 January 2026

HARRIS PARK HOMES LTD
Registered number:		06487866
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,005,767			1,011,174

Current assets
Stocks		500			500
Debtors	4	174,146			199,105
Cash at bank and in hand		90,257			94,629
		264,903			294,234

Creditors: amounts falling due within one year	5	(128,406)			(149,372)

Net current assets			136,497			144,862

Total assets less current liabilities			1,142,264			1,156,036

Creditors: amounts falling due after more than one year	6		(233,413)			(226,495)



Net assets			908,851			929,541

Capital and reserves
Called up share capital			100			100
Profit and loss account			908,751			929,441

Shareholders' funds			908,851			929,541

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.




Mr W W Harris
Director
Approved by the board on 15 June 2026

HARRIS PARK HOMES LTD
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	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					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	984,143		30,834		25,000		1,039,977
	At 31 January 2026	984,143		30,834		25,000		1,039,977

	Depreciation
	At 1 February 2025	-		21,500		7,304		28,804
	Charge for the year	-		1,867		3,539		5,406
	At 31 January 2026	-		23,367		10,843		34,210

	Net book value
	At 31 January 2026	984,143		7,467		14,157		1,005,767
	At 31 January 2025	984,143		9,334		17,696		1,011,173


4	Debtors					2026		2025
£							£

	Trade debtors					71,727		93,758
	Other debtors					102,419		105,347
						174,146		199,105


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

	Bank loans and overdrafts					-		39,957
	Trade creditors					44,217		-
	Directors loan accounts					29,677		29,678
	Taxation and social security costs					36,174		61,215
	Other creditors					18,338		18,522
						128,406		149,372


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

	Bank loans					78,413		71,495
	Other creditors					155,000		155,000
						233,413		226,495


7	Other information

	HARRIS PARK HOMES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Lydmore House
	St Ann's Fort
	Kings Lynn
	Norfolk
	PE30 1QS