Harperco Limited - Accounts to registrar (filleted) - small 18.2

Harperco Limited - Accounts to registrar (filleted) - small 18.2

HARPERCO LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v20.3.0.228 06899974 director 1.4.19 31.3.20 31.3.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068999742019-03-31068999742020-03-31068999742019-04-012020-03-31068999742018-03-31068999742018-04-012019-03-31068999742019-03-3106899974ns16:EnglandWales2019-04-012020-03-3106899974ns15:PoundSterling2019-04-012020-03-3106899974ns11:Director12019-04-012020-03-3106899974ns11:PrivateLimitedCompanyLtd2019-04-012020-03-3106899974ns11:SmallEntities2019-04-012020-03-3106899974ns11:AuditExempt-NoAccountantsReport2019-04-012020-03-3106899974ns11:SmallCompaniesRegimeForDirectorsReport2019-04-012020-03-3106899974ns11:SmallCompaniesRegimeForAccounts2019-04-012020-03-3106899974ns11:FullAccounts2019-04-012020-03-3106899974ns11:RegisteredOffice2019-04-012020-03-3106899974ns6:CurrentFinancialInstruments2020-03-3106899974ns6:CurrentFinancialInstruments2019-03-3106899974ns6:ShareCapital2020-03-3106899974ns6:ShareCapital2019-03-3106899974ns6:RetainedEarningsAccumulatedLosses2020-03-3106899974ns6:RetainedEarningsAccumulatedLosses2019-03-3106899974ns6:PlantMachinery2019-04-012020-03-3106899974ns6:PlantMachinery2019-03-3106899974ns6:PlantMachinery2020-03-3106899974ns6:PlantMachinery2019-03-3106899974ns6:CostValuation2019-03-3106899974ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-03-3106899974ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-03-31
REGISTERED NUMBER: 06899974 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

HARPERCO LIMITED
HARPERCO LIMITED (REGISTERED NUMBER: 06899974)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HARPERCO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2020







DIRECTOR: D J L Harper





REGISTERED OFFICE: C/o Ground Floor
St Paul's House
23 Park Square
Leeds
LS1 2ND





REGISTERED NUMBER: 06899974 (England and Wales)





ACCOUNTANTS: Sedulo Leeds Limited
St Paul's House
23 Park Square
Leeds
West Yorkshire
LS1 2ND
Page 1
HARPERCO LIMITED (REGISTERED NUMBER: 06899974)

BALANCE SHEET
31 MARCH 2020

31.3.20 31.3.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,743 3,069
Investments 5 - -
1,743 3,069

CURRENT ASSETS
Debtors 6 190,898 59,519
Cash at bank 3,799 12,541
194,697 72,060
CREDITORS
Amounts falling due within one year 7 315,971 221,695
NET CURRENT LIABILITIES (121,274 ) (149,635 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(119,531
)
(146,566
)

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings (119,543 ) (146,578 )
(119,531 ) (146,566 )

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.

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 30 March 2021 and were signed by:




D J L Harper - Director


The notes form part of these financial statements

Page 2
HARPERCO LIMITED (REGISTERED NUMBER: 06899974)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020


1. STATUTORY INFORMATION

Harperco 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. ACCOUNTING POLICIES

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

Going Concern
In common with virtually every other business in the country, the Company has been experiencing the effects of the Coronavirus pandemic. Whilst the full impact of this exceptional situation on the Company cannot be assessed with complete certainty at the current time, the Directors believe they have taken all possible steps to protect the Company including accessing relevant Government assistance.

The director and connected companies are expected to provide continuing support to enable the company to meet its liabilities as and when they fall due.

At the time of signing these accounts the Directors are of the opinion that the Company will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.

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.
Plant and machinery etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Page 3 continued...
HARPERCO LIMITED (REGISTERED NUMBER: 06899974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2020


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2019
and 31 March 2020 132,631
DEPRECIATION
At 1 April 2019 129,562
Charge for year 1,326
At 31 March 2020 130,888
NET BOOK VALUE
At 31 March 2020 1,743
At 31 March 2019 3,069

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2019
and 31 March 2020 413,361
PROVISIONS
At 1 April 2019
and 31 March 2020 413,361
NET BOOK VALUE
At 31 March 2020 -
At 31 March 2019 -

Page 4 continued...
HARPERCO LIMITED (REGISTERED NUMBER: 06899974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2020


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Trade debtors - 2,400
Amounts owed by group undertakings - 704
Other debtors 190,898 56,415
190,898 59,519

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Trade creditors 20,827 50,229
Amounts owed to group undertakings 67,021 -
Taxation and social security 31,323 39,408
Other creditors 196,800 132,058
315,971 221,695

8. RELATED PARTY DISCLOSURES

At 31 March 2020 the company owed £67,021 (2019 - £704 owed from) to Talent Partnerships (UK) Limited, a subsidiary undertaking.

Included in other creditors are amounts due of £5,822 (2019 - £3,891) to 8th Green Developments Limited, £54,038 (2019 - £12,500) to Go-Centric Limited and £9,646 (2019 - £15,824l) to Twentyco Limited, all under common control.

Included in other creditors is an amount due to D J L Harper, the director of £110,105 (2019 - £98,486).

Page 5