Harcourt Europe Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08451972 (England and Wales)

Financial Statements

for the Year Ended 31 December 2022

for

Harcourt Europe Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Van As

J Van As

D J Beardmore

J H Beardmore

K R Beardmore

R W Beardmore

REGISTERED OFFICE:

Units 7 & 8

Rodbourne Rail Farm

Grange Lane

Malmesbury

Wiltshire

SN16 0ES

REGISTERED NUMBER:

08451972 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,647

17,681

16,647

17,681

CURRENT ASSETS

Stocks

61,822

67,824

Debtors

6

86,616

163,094

Cash at bank

4,834

25,931

153,272

256,849

CREDITORS

Amounts falling due within one year

7

157,990

268,533

NET CURRENT LIABILITIES

(4,718

)

(11,684

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,929

5,997

PROVISIONS FOR LIABILITIES

1,456

1,653

NET ASSETS

10,473

4,344

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,373

4,244

SHAREHOLDERS' FUNDS

10,473

4,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 April 2023 and were signed on its behalf by:

T Van As - Director

J Van As - Director

1.	STATUTORY INFORMATION

Harcourt Europe Ltd 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of nil years.

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, 20% on reducing balance, 20% on cost and 10% on cost

Stocks

Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2022

and 31 December 2022

408,468

1

408,469

AMORTISATION

At 1 January 2022

and 31 December 2022

408,468

1

408,469

NET BOOK VALUE

At 31 December 2022

-

-

-

At 31 December 2021

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2022

51,571

Additions

1,803

At 31 December 2022

53,374

DEPRECIATION

At 1 January 2022

33,890

Charge for year

2,837

At 31 December 2022

36,727

NET BOOK VALUE

At 31 December 2022

16,647

At 31 December 2021

17,681

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

86,616

161,933

Other debtors

-

1,161

86,616

163,094

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade creditors

75,802

222,429

Other creditors

82,188

46,104

157,990

268,533