Harrison James IT Services Ltd Accounts

HARRISON JAMES IT SERVICES LTD - Company Information






Harrison James IT Services Ltd

	Company No. 09306880
		Information for Filing with The Registrar
		30 November 2022

The Director presents his report and the accounts for the year ended 30 November 2022.

Principal activities
The principal activity of the company during the year under review was IT management services.




Director

The Director who served at any time during the year was as follows:

J. Warren







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Warren
Director
07 November 2023

at	30 November 2022
Company No.		09306880	Notes	2022	2021
				£	£
Fixed assets

	Tangible assets		4	335	419


				335	419
Current assets

	Debtors		5	17,626	10,300

	Cash at bank and in hand			14,173	8,130
				31,799	18,430
Creditors: Amount falling due within one year			6	(29,365)	(17,019)
Net current assets				2,434	1,411
Total assets less current liabilities				2,769	1,830

Provisions for liabilities
	Deferred taxation			(64)	(80)

Net assets				2,705	1,750

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		8	2,704	1,749

Total equity				2,705	1,750



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 November 2022 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 November 2023 and signed on its behalf by:
J. Warren
Director
07 November 2023

for the year ended 30 November 2022

General information

Harrison James IT Services Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09306880

Its registered office is:

Office12, 19 Moorfield Road

Slyfield Industrial Estate

Guildford

Surrey

GU1 1RU

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

20% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3	Employees
			2022	2021
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 December 2021	2,000	2,000




		At 30 November 2022	2,000	2,000
		Depreciation
		At 1 December 2021	1,581	1,581
		Charge for the year	84	84



		At 30 November 2022	1,665	1,665
		Net book values
		At 30 November 2022	335	335
		At 30 November 2021	419	419

5	Debtors
			2022	2021
			£	£






		Other debtors	17,626	10,300

			17,626	10,300

6	Creditors:
		amounts falling due within one year
			2022	2021
			£	£






		Taxes and social security	24,892	15,796
		Loans from directors	3,271	18

		Accruals and deferred income	1,202	1,205
			29,365	17,019

Share Capital

One ordinary share of £1.00 each fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2022	2021
			£	£
		Dividends for the period:
		Dividends paid in the period	35,000	40,000

			35,000	40,000

		Dividends by type:

		Equity dividends	35,000	40,000
			35,000	40,000