W Harradine & Sons Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00546622

Financial Statements

for the Year Ended 31 March 2021

for

W HARRADINE & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mr B Harradine

SECRETARY:

Mr B Harradine

REGISTERED OFFICE:

150 Upwell Road

March

Cambridgeshire

PE15 0DE

REGISTERED NUMBER:

00546622

ACCOUNTANTS:

Robson Downing

26 Bolingbroke Road

Norwich

Norfolk

NR3 2SH

FIXED ASSETS

Tangible assets

4

88,664

109,851

Investments

5

281

281

88,945

110,132

CURRENT ASSETS

Stocks

33,060

18,276

Debtors

6

54,417

55,383

Cash at bank

217,607

208,211

305,084

281,870

CREDITORS

Amounts falling due within one year

7

264,702

276,741

NET CURRENT ASSETS

40,382

5,129

TOTAL ASSETS LESS CURRENT LIABILITIES

129,327

115,261

PROVISIONS FOR LIABILITIES

16,814

20,872

NET ASSETS

112,513

94,389

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

109,513

91,389

SHAREHOLDERS' FUNDS

112,513

94,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 16 May 2021 and were signed by:

Mr B Harradine - Director

1.	STATUTORY INFORMATION

W Harradine & Sons Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Agricultural buildings

-

10% on reducing balance

Implements

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Tractors

-

22% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Agricultural

Plant and

buildings

Implements

machinery

£

£

£

COST

At 1 April 2020

16,600

30,442

32,569

Additions

-

-

4,765

At 31 March 2021

16,600

30,442

37,334

DEPRECIATION

At 1 April 2020

12,382

22,282

17,324

Charge for year

422

816

5,003

At 31 March 2021

12,804

23,098

22,327

NET BOOK VALUE

At 31 March 2021

3,796

7,344

15,007

At 31 March 2020

4,218

8,160

15,245

Motor

Computer

Tractors

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2020

46,000

138,033

295

263,939

Additions

-

-

-

4,765

At 31 March 2021

46,000

138,033

295

268,704

DEPRECIATION

At 1 April 2020

18,013

83,850

237

154,088

Charge for year

6,157

13,546

8

25,952

At 31 March 2021

24,170

97,396

245

180,040

NET BOOK VALUE

At 31 March 2021

21,830

40,637

50

88,664

At 31 March 2020

27,987

54,183

58

109,851

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2020

and 31 March 2021

281

NET BOOK VALUE

At 31 March 2021

281

At 31 March 2020

281

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

41,644

47,614

Other debtors

12,773

7,769

54,417

55,383

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Hire purchase contracts

-

7,667

Trade creditors

1,358

2,209

Taxation and social security

8,616

5,719

Other creditors

254,728

261,146

264,702

276,741

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The business premises occupied by the Company are owned by the director and a normal commercial rent has been paid.

9.	RELATED PARTY DISCLOSURES

All information relevant to related party transactions are disclosed under the heading "TRANSACTIONS WITH DIRECTOR".

10.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2021 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Robson Downing

26 Bolingbroke Road

Norwich

Norfolk

NR3 2SH

16 May 2021