HARO INVESTMENTS LIMITED

HARO INVESTMENTS LIMITED

HARO INVESTMENTS LIMITED - Company Information

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HARO INVESTMENTS LIMITED

Company Registration Number:
03468699 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2019

Period of accounts

Start date: 1 December 2018

End date: 30 June 2019

HARO INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2019

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HARO INVESTMENTS LIMITED

Profit And Loss Account

for the Period Ended 30 June 2019

7 months to 30 June 2019 2018


£
£
Turnover: 46,954 78,919
Cost of sales: ( 6,841 ) ( 11,521 )
Gross profit(or loss): 40,113 67,398
Distribution costs: 0 0
Administrative expenses: ( 2,990 ) ( 6,115 )
Other operating income: 0 387
Operating profit(or loss): 37,123 61,670
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 9,882 ) ( 11,025 )
Profit(or loss) before tax: 27,241 50,645
Tax: ( 5,436 ) ( 9,428 )
Profit(or loss) for the financial year: 21,805 41,217

HARO INVESTMENTS LIMITED

Balance sheet

As at 30 June 2019

Notes 7 months to 30 June 2019 2018


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 2 997,995 999,366
Investments:   0 0
Total fixed assets: 997,995 999,366
Current assets
Stocks:   0 0
Debtors: 3 19,042 16,042
Cash at bank and in hand: 17,754 9,184
Investments:   0 0
Total current assets: 36,796 25,226
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 48,772 ) ( 59,646 )
Net current assets (liabilities): (11,976) (34,420)
Total assets less current liabilities: 986,019 964,946
Creditors: amounts falling due after more than one year: 5 ( 516,983 ) ( 514,215 )
Provision for liabilities: ( 23,276 ) ( 23,276 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 445,760 427,455
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 445,758 427,453
Total Shareholders' funds: 445,760 427,455

The notes form part of these financial statements

HARO INVESTMENTS LIMITED

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 December 2019
and signed on behalf of the board by:

Name: S J BRADLEY
Status: Director

The notes form part of these financial statements

HARO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

    Tangible fixed assets depreciation policy

    Leasehold land and buildings - not depreciatedFixtures, fittings, tools and equipment - over 5 years

    Other accounting policies

    Investment Property:Property that is held for long term rental yields or for capital appreciation or both and that is not occupied by the company is classified as investment property.

HARO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

2. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2018 986,111 61,870 0 0 0 1,047,981
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 June 2019 986,111 61,870 0 0 0 1,047,981
Depreciation
At 1 December 2018 0 48,615 0 0 0 48,615
Charge for year 0 1,371 0 0 0 1,371
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 June 2019 0 49,986 0 0 0 49,986
Net book value
At 30 June 2019 986,111 11,884 0 0 0 997,995
At 30 November 2018 986,111 13,255 0 0 0 999,366

HARO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

3. Debtors

7 months to 30 June 2019 2018
£ £
Trade debtors 13,650 10,650
Prepayments and accrued income 0 0
Other debtors 5,392 5,392
Total 19,042 16,042
Debtors due after more than one year: 0 0

HARO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

4. Creditors: amounts falling due within one year note

7 months to 30 June 2019 2018
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 13,650 658
Taxation and social security 14,865 9,864
Accruals and deferred income 0 0
Other creditors 20,257 49,124
Total 48,772 59,646

HARO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

5. Creditors: amounts falling due after more than one year note

7 months to 30 June 2019 2018
£ £
Bank loans and overdrafts 499,254 496,486
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 17,729 17,729
Total 516,983 514,215