Harrison Homes Group Limited Filleted accounts for Companies House (small and micro)
Harrison Homes Group Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09595114
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For the year ended |
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Abridged Financial Statements |
Year ended 29 February 2020
Contents |
Pages |
Abridged statement of financial position |
1 to 2 |
Notes to the abridged financial statements |
3 to 6 |
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Abridged Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
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Investments |
5 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
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--------- |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Provisions |
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--------- |
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Net assets |
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--------- |
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Abridged Statement of Financial Position (continued) |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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These abridged financial statements were approved by the
board of directors
and authorised for issue on
23 February 2021
, and are signed on behalf of the board by:
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Director |
Company registration number:
09595114
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Notes to the Abridged Financial Statements |
Year ended 29 February 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is J & R House, Conduit Road, Norton Canes, Cannock, Staffordshire, WS11 9TJ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Financial instruments
4.
Tangible assets
£ |
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Cost |
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At 1 March 2019 |
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Additions |
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At 29 February 2020 |
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Depreciation |
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At 1 March 2019 |
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Charge for the year |
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At 29 February 2020 |
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Carrying amount |
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At 29 February 2020 |
88,974 |
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At 28 February 2019 |
104,350 |
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5.
Investments
2020 |
2019 |
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£ |
£ |
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Other investments |
14,490 |
14,490 |
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6.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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– |
– |
– |
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---- |
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2019 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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– |
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