REGISTERED NUMBER: 00848203 (England and Wales)

Report of the Directors and

Financial Statements for the Year Ended 31 March 2016

for

Harrison How Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

M F Darani

Mrs P M Darani

SECRETARY:

Mrs P M Darani

REGISTERED OFFICE:

29 Salisbury House

London Wall

London

EC2M 5QG

REGISTERED NUMBER:

00848203 (England and Wales)

ACCOUNTANT:

L.R. Newman ASCA, FFA

24 Buckingham Road

Hockley

Essex

SS5 4UE

The directors present their report with the financial statements of the company for the year ended 31 March 2016.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of electrical installation

engineers and contractors.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2015 to the

date of this report.

M F Darani

Mrs P M Darani

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act

2006 relating to small companies.

ON BEHALF OF THE BOARD:

M F Darani - Director

22 December 2016

TURNOVER

1,060,088

849,924

Cost of sales

880,617

645,444

GROSS PROFIT

179,471

204,480

Administrative expenses

134,160

230,187

OPERATING PROFIT/(LOSS)

2

45,311

(25,707

)

Interest receivable and similar income

3

3

PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION

45,314

(25,704

)

Tax on profit/(loss) on ordinary activities

3

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

45,314

(25,704

)

FIXED ASSETS

Tangible assets

4

2,899

3,535

CURRENT ASSETS

Stocks

396

548

Debtors

5

105,620

233,643

Cash at bank

293,444

113,239

399,460

347,430

CREDITORS

Amounts falling due within one year

6

54,207

48,127

NET CURRENT ASSETS

345,253

299,303

TOTAL ASSETS LESS CURRENT LIABILITIES

348,152

302,838

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Profit and loss account

8

347,152

301,838

SHAREHOLDERS' FUNDS

348,152

302,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 22 December 2016 and were signed on its behalf by:

M F Darani - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

18% 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.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing

differences except to the extent that, in the opinion of the directors there is reasonable

probability that the liability will not arise in the foreseeable future..

2.	OPERATING PROFIT/(LOSS)

The operating profit (2015 - operating loss) is stated after charging:

31.3.16

31.3.15

£

£

Depreciation - owned assets

636

775

Directors' remuneration and other benefits etc

79,200

79,200

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended

31 March 2016 nor for the year ended 31 March 2015.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2015

and 31 March 2016

30,424

DEPRECIATION

At 1 April 2015

26,889

Charge for year

636

At 31 March 2016

27,525

NET BOOK VALUE

At 31 March 2016

2,899

At 31 March 2015

3,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Trade debtors

105,420

233,443

Other debtors

200

200

105,620

233,643

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Trade creditors

24,207

30,843

Taxation and social security

30,000

17,284

54,207

48,127

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.

RESERVES

Profit

and loss

account

£

At 1 April 2015

301,838

Profit for the year

45,314

At 31 March 2016

347,152