HARPERCO LIMITED

HARPERCO LIMITED

HARPERCO LIMITED - Company Information

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HARPERCO LIMITED

Company Registration Number:
06899974 (England and Wales)

Unaudited abridged accounts for the year ended 30 March 2022

Period of accounts

Start date: 01 April 2021

End date: 30 March 2022

HARPERCO LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2022

Balance sheet
Notes

HARPERCO LIMITED

Balance sheet

As at 30 March 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 1 417
Total fixed assets: 1 417
Current assets
Debtors:   7,241 8,926
Cash at bank and in hand: 2,081 93,430
Total current assets: 9,322 102,356
Creditors: amounts falling due within one year: 4 (142,992) (214,513)
Net current assets (liabilities): (133,670) (112,157)
Total assets less current liabilities: (133,669) (111,740)
Creditors: amounts falling due after more than one year: 5 (33,626) (41,126)
Total net assets (liabilities): (167,295) (152,866)
Capital and reserves
Called up share capital: 12 12
Profit and loss account: (167,307) (152,878)
Shareholders funds: (167,295) (152,866)

The notes form part of these financial statements

HARPERCO LIMITED

Balance sheet statements

For the year ending 30 March 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

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

This report was approved by the board of directors on 19 December 2022
and signed on behalf of the board by:

Name: D J L Harper
Status: Director

The notes form part of these financial statements

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

1. Accounting policies

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Other accounting policies

Government GrantsGovernment grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.Deferred TaxationDeferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.Pension CostsThe Company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account.

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 132,631
At 30 March 2022 132,631
Depreciation
At 01 April 2021 132,214
Charge for year 416
At 30 March 2022 132,630
Net book value
At 30 March 2022 1
At 31 March 2021 417

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

4. Creditors: amounts falling due within one year note

Bank Loans and overdrafts £8,874Trade Creditors £10,834Amounts owed to group undertakings £93,883Taxes and social security £5,773Other creditors £10,735Loans from directors £12,893

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

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

Bank Loans £33,626

HARPERCO LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2022

6. Related party transactions

Name of the related party: Talent Partnerships (UK) Limited
Relationship:
Subsidiary undertaking
Description of the Transaction: Inter company loan
£
Balance at 01 April 2021 94,097
Balance at 30 March 2022 93,883
Name of the related party: Twentyco Limited
Relationship:
Common ownership
Description of the Transaction: inter company loan
£
Balance at 01 April 2021 9,646
Balance at 30 March 2022 10,735
Name of the related party: D J L Harper
Relationship:
Director
Description of the Transaction: Director's Loan Account monies owed
£
Balance at 01 April 2021 75,664
Balance at 30 March 2022 12,893