Company No: 13894799 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.12.2022
		£
Fixed assets
Tangible assets	3	327,311
Investments	4	1,959
		329,270
Current assets
Debtors	5	157
Cash at bank and in hand		208,341
		208,498
Creditors: amounts falling due within one year	6	( 14,790)
Net current assets		193,708
Total assets less current liabilities		522,978
Net assets		522,978
Capital and reserves
Called-up share capital	7	200
Profit and loss account		522,778
Total shareholder's funds		522,978

For the financial period ending 31 December 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Harding Asset Management Limited (registered number: 13894799) were approved and authorised for issue by the Director. They were signed on its behalf by:

Andrew Harding Director

28 April 2023

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Harding Asset Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Collier Turf Care Ltd Drury Square, Beeston, King's Lynn, PE32 2NA, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
	10 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	Period from 04.02.2022 to 31.12.2022
	Number
Monthly average number of persons employed by the Company during the period, including directors	2

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 04 February 2022	0		0
Additions	339,794		339,794
At 31 December 2022	339,794		339,794
Accumulated depreciation
At 04 February 2022	0		0
Charge for the financial period	12,483		12,483
At 31 December 2022	12,483		12,483
Net book value
At 31 December 2022	327,311		327,311

4. Fixed asset investments

Investments in subsidiaries

	31.12.2022
	£
Cost
At 04 February 2022	0
Additions	99
At 31 December 2022	99
Carrying value at 31 December 2022	99

	Investments in associates		Total
	£		£
Carrying value before impairment
At 04 February 2022	0		0
Additions	1,860		1,860
At 31 December 2022	1,860		1,860
Provisions for impairment
At 04 February 2022	0		0
At 31 December 2022	0		0
Carrying value at 31 December 2022	1,860		1,860

5. Debtors

	31.12.2022
	£
Other debtors	157

6. Creditors: amounts falling due within one year

	31.12.2022
	£
Corporation tax	13,591
Other creditors	1,199
	14,790

7. Called-up share capital

	31.12.2022
	£
Allotted, called-up and fully-paid
200 £1 Ordinary shares of £ 1.00 each	200

1 share was issued at the date of incorporation on 4 February 2022. A further 99 shares were issued on 22
March 2022 , comprising 99 Ordinary shares, as part of a share for share exchange. A further 100 shares were issued on 5 August 2022, comprising 100 Ordinary shares, as part of a share for share exchange.