Harvard Lewis Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09025169 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2020

FOR

HARVARD LEWIS ASSOCIATES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Z M Lewis

REGISTERED OFFICE:

Accountsnet 3000 Aviator Way

Manchester Business Park

Manchester

M22 5TG

REGISTERED NUMBER:

09025169 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

4,336

2,957

CURRENT ASSETS

Debtors

7,800

17,979

Cash at bank

20,031

32,922

27,831

50,901

CREDITORS

Amounts falling due within one year

8,811

17,152

NET CURRENT ASSETS

19,020

33,749

TOTAL ASSETS LESS CURRENT LIABILITIES

23,356

36,706

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

23,355

36,705

SHAREHOLDERS' FUNDS

23,356

36,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 January 2021 and were signed by:

Mr Z M Lewis - Director

1.	STATUTORY INFORMATION

Harvard Lewis Associates 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

10,182

Additions

2,745

At 31 March 2020

12,927

DEPRECIATION

At 1 April 2019

7,225

Charge for year

1,366

At 31 March 2020

8,591

NET BOOK VALUE

At 31 March 2020

4,336

At 31 March 2019

2,957

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

1

Ordinary

£1

1

1

7.

RESERVES

£

Reserves

23,355

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £4,500 (2019 - £Nil).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2020 and 31 March 2019:

2020

2019

£

£

Mr Z M Lewis

Balance outstanding at start of year

4,522

(224

)

Amounts advanced

27,841

27,817

Amounts repaid

(32,661

)

(23,071

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(298

)

4,522

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Z M Lewis.