Harts Group Ltd in Oakham, LE15 7PL

Description

Data updated on: 01-11-2023

Harts Group Ltd is categorised as Private Limited Company, that is registered in The Old Hall, Market Overton in Oakham. It's post code is LE15 7PL. The enterprise operates since February 5, 2008. The business registered no. is 06494671. This company changed its business name two times. Until 2018 the firm has delivered its services as Hart Brothers Restaurants but now the firm is listed under the name Harts Group Ltd. This company's registered with SIC code 56101 - Licensed restaurants. The business latest filed accounts documents were submitted for the period up to 2022-07-31 and the most current annual confirmation statement was submitted on 2023-02-05.

Taking into consideration the following firm's constant development, it became vital to acquire additional directors, to name just a few: Anna W., Caren H., Crispin S. who have been collaborating since July 2022 for the benefit of the following company. In order to help the directors in their tasks, the company has been utilizing the expertise of Steven E. as a secretary since 2008.

Previous company's names
Harts Group Ltd 2018-02-12
Hart Brothers Restaurants Limited 2010-02-26
Quo Vadis Collections Limited 2008-02-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Currency

Balance Sheet
Cash Bank On Hand	20 473	74 314	24 095	49 741
Current Assets	5 398 162	8 027 645	8 118 072	8 530 418
Debtors	5 377 689	7 953 331	8 390 867	8 480 677
Net Assets Liabilities	3 194 015	5 329 728	6 041 240	6 149 981
Other Debtors	1 442 242	1 639 475	2 722 286	659 659
Property Plant Equipment		3 215	21 019	23 337
Total Inventories		222 383	215 165	252 515

Other Financial Data
Audit Fees Expenses	26 500	26 500	29 500	40 000
Total Fees To Auditors		26 500	29 500
Accrued Liabilities Deferred Income	10 261	27 356	1 132 629	1 370 258
Accumulated Amortisation Impairment Intangible Assets		1 511 312	1 511 312	1 700 823
Accumulated Depreciation Impairment Property Plant Equipment	608 491	744 120	879 749	1 015 381
Additions Other Than Through Business Combinations Intangible Assets				189 511
Additions Other Than Through Business Combinations Property Plant Equipment		75 613	466 787	1 648 403
Administration Support Average Number Employees	13	17	16	23
Administrative Expenses	10 163 532	10 043 862	-1 291 178	11 045 247
Amortisation Expense Intangible Assets				189 511
Amortisation Impairment Expense Intangible Assets				189 511
Amounts Owed By Directors	190 210	80 036
Amounts Owed By Group Undertakings		6 785 275	6 953 304	7 798 976
Amounts Owed By Group Undertakings Participating Interests	4 368 591	300
Amounts Owed By Other Related Parties Other Than Directors	947 053	1 037 756	5 471	21 742
Amounts Owed To Directors	248 125	364 801	237 500	237 500
Amounts Owed To Group Undertakings		21 941	31 941	631
Amounts Owed To Other Related Parties Other Than Directors		811 817	1 625	308 641
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	13	17	16	23
Bank Borrowings	1 599 330	1 438 862	1 460 000	1 211 204
Bank Borrowings Overdrafts	1 185 165	320 000	1 435 594	321 378
Bank Overdrafts	34 004		-19 761	-23 339
Capital Commitments				31 566
Cash Cash Equivalents		614 102	964 057	1 405 127
Cash Cash Equivalents Acquired				50 253
Cash Cash Equivalents Cash Flow Value	862 417	614 102	964 057
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities				50 252
Cash Inflow Outflow From Debt Financing		1 874 997	110 611	280 556
Cash Inflow Outflow From Management Liquid Resources		34 004	369 716	1 109 923
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities		189 277
Cash Transferred To Acquire Entity				1
Comprehensive Income Expense		449 961	363 034	269 672
Comprehensive Income Expense Attributable To Non-controlling Interests			-58 199	21 853
Comprehensive Income Expense Attributable To Owners Parent			685 740	247 819
Corporation Tax Payable			30 461
Corporation Tax Recoverable	64	64	43 005	36 749
Cost Sales	3 667 695	2 530 811	1 818 641	3 541 156
Creditors	3 970 917	1 584 452	998 721	1 641 617
Current Tax For Period			30 461
Deferred Tax Asset Debtors	503
Deferred Tax Assets	503
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit				44 981
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-16 562
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-55 774	63 025	232 709
Deferred Tax Liabilities	48 572	97
Depreciation Amortisation Impairment Expense	696 961	713 297
Depreciation Expense Property Plant Equipment	609 168	646 388	625 751	686 129
Depreciation Impairment Expense Property Plant Equipment		713 297	754 868	723 205
Distribution Costs				412 861
Dividends Paid		185 000	82 000	162 728
Dividends Paid Classified As Financing Activities		185 000
Dividends Paid To Owners Parent Classified As Financing Activities		185 000	82 000	-162 728
Fee Income From Trust Other Fiduciary Activities Resulting In Holding Assets			131 980
Finance Lease Liabilities Present Value Total	490 737	180 660	13 108	689 343
Finance Lease Payments Owing Minimum Gross	402 266	363 401	20 258	13 108
Finished Goods Goods For Resale	257 884	222 383	215 165	252 515
Fixed Assets	2 279	5 494	23 298	25 616
Further Item Bank Borrowings Overdrafts Component Total Bank Borrowings Overdrafts		2 756 344	2 645 733
Further Item Increase Decrease In Net Debt In Period Component Total Increase Decrease In Net Debt In Period			19 761
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss			67 221
Further Item Tax Increase Decrease Component Adjusting Items		1	-1 484	-7 978
Future Minimum Lease Payments Under Non-cancellable Operating Leases	929 000	1 179 000	1 179 000	1 206 900
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	349 900	997 052	1 315 968	1 214 377
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-763 740	424 696	1 058 927	1 079 343
Gain Loss In Cash Flows From Change In Inventories	-54 452	35 501	-7 218	37 350
Goodwill Arising On Business Combination				189 511
Government Grant Income		1 277 730	-1 415 699	-107 434
Gross Profit Loss	10 806 691	8 132 725	6 377 947	11 445 972
Income From Related Parties	202 500	195 000	624 792	90 708
Income Recognised From Arrangements Involving Legal Form Lease			878 881
Income Taxes Paid Refund Classified As Operating Activities	-52 241			42 992
Increase Decrease In Cash Cash Equivalents After Foreign Exchange Differences Changes In Consolidation	-258 248	248 315	349 955
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-248 315	349 955	441 070
Increase Decrease In Current Tax From Adjustment For Prior Periods			-42 940	-67 197
Increase Decrease In Depreciation Impairment Property Plant Equipment	87 793	66 909
Increase Decrease In Net Cash In Period		282 319
Increase Decrease In Net Debt From Cash Flows		1 945 976	849 060	1 831 549
Increase Decrease In Net Debt In Period			45 936	1 022 410
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss		600	3 746	1 614
Increase From Amortisation Charge For Year Intangible Assets				189 511
Increase From Depreciation Charge For Year Property Plant Equipment		135 629	135 629	135 632
Intangible Assets Gross Cost		1 511 312	1 511 312	1 700 823
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	101 011	98 826	74 341	83 937
Interest Expense On Debt Securities In Issue Other Similar Loans			68 785	49 030
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	265 271	255 206	100 879
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	101 523	84 731	68 785
Interest Income		192 564	131 980	22 045
Interest Paid Classified As Operating Activities	467 805	438 763	-244 005	-224 625
Interest Payable Similar Charges Finance Costs	467 805	438 763	244 005	224 625
Interest Received Classified As Investing Activities		192 564	-131 980	-22 045
Investments Fixed Assets	2 279	2 279	2 279	2 279
Investments In Subsidiaries	2 279	2 279	2 279	2 279
Issue Equity Instruments		1 500 000	1 008
Issue Ordinary Shares		1 500 000
Key Management Personnel Compensation Total	46 931	735 307	801 923	711 521
Loans Advances Granted To Other Related Parties Classified As Investing Activities				3 257
Loans Advances Granted To Related Parties Classified As Investing Activities		189 277
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases		300 000	300 000	300 000
Minimum Operating Lease Payments Recognised As Expense			998 457	1 570 010
Net Cash Flows From Used In Financing Activities	-606 610	879 291	580 098	1 601 540
Net Cash Flows From Used In Investing Activities	-2 333 493	142 789	288 871	1 582 607
Net Cash Flows From Used In Operating Activities	1 985 131	488 187	1 218 924	3 625 217
Net Cash Generated From Operations	2 505 177	926 950	-1 462 929	-3 806 850
Net Cash Outflow Inflow On Business Combination				1
Net Current Assets Liabilities	4 551 066	6 443 193	6 079 060	7 088 054
Net Debt Funds	4 661 927	2 799 843	1 996 719	1 187 580
Net Deferred Tax Liability Asset	503	97	3 843	5 457
Net Finance Income Costs		192 564	131 980	22 045
Net Identifiable Assets Liabilities Acquired				189 510
New Finance Leases		83 892	45 936	1 022 410
Number Equity Instruments Forfeited Share-based Payment Arrangement			700 000
Number Equity Instruments Granted Share-based Payment Arrangement			6 500 000
Number Equity Instruments Outstanding Share-based Payment Arrangement			5 800 000	5 800 000
Number Shares Issued Fully Paid		19 988 864	9 059 926	9 059 926
Operating Profit Loss	-749 028	394 204	443 222	637 764
Other Comprehensive Income Expense Before Tax			580
Other Creditors	42 045	249 152	202 581	1 815 260
Other Creditors Including Taxation Social Security Balance Sheet Subtotal			275 080
Other Interest Expense			100 879	91 658
Other Interest Income		192 564	131 980	22 045
Other Interest Receivable Similar Income Finance Income		192 564	131 980	22 045
Other Items Increase Decrease In Net Debt In Period		319 294	388 494
Other Loans Advances Granted Classified As Investing Activities	182 198
Other Operating Income Format1	105 869	1 516 933	228 794	649 900
Other Remaining Borrowings	248 125	248 125	237 500	237 500
Other Remaining Operating Income			67 221
Other Taxation Social Security Payable		1 652 928	1 775 379	1 566 020
Ownership Interest In Subsidiary Percent				100
Par Value Share		0	0	0
Payments Finance Lease Liabilities Classified As Financing Activities	297 581	404 620	388 494	280 556
Payments To Related Parties	24 469	1 425	78 000	78 000
Pension Costs Defined Contribution Plan	66 143	78 499	66 652	82 442
Pension Other Post-employment Benefit Costs Other Pension Costs	11 821	10 970	9 769	14 931
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	639 982	17 679	631 252	962 538
Present Value Finance Lease Receivables	150 000	300 000
Proceeds From Borrowings Classified As Financing Activities	450 000		50 000
Proceeds From Finance Leases Classified As Financing Activities	775 512	85 326
Proceeds From Issuing Shares		1 500 000	1 008
Proceeds From Issuing Shares Other Equity Instruments			1 008
Profit Loss	443 277	635 713	373 748	108 741
Profit Loss Acquiree				186 606
Profit Loss Attributable To Non-controlling Interests	81 439	134 668	-58 199	21 853
Profit Loss Attributable To Owners Parent	314 830	449 961	338 850	247 819
Profit Loss On Ordinary Activities After Tax	-233 391	584 629	363 034	269 672
Profit Loss On Ordinary Activities Before Tax	-281 223	640 403	331 197	435 184
Property Plant Equipment Gross Cost	2 642 281	2 717 894	2 717 894	4 366 297
Provisions For Liabilities Balance Sheet Subtotal	386 103	97	3 843	5 457
Purchase Property Plant Equipment	2 151 295	239 052	420 851
Purchase Property Plant Equipment Intangible Assets			420 851	1 651 647
Repayments Borrowings Classified As Financing Activities	321 321	1 874 997	160 612	948 569
Repayments Debt Securities Classified As Financing Activities				209 687
Research Development Expense Recognised In Profit Or Loss		9 874
Revenue Acquiree				618 115
Sales Marketing Distribution Average Number Employees	211	197	149	197
Share-based Payment Expense Cash Settled			580
Share-based Payment Expense Equity Settled			580
Social Security Costs	61 849	71 324	67 553	105 681
Staff Costs Employee Benefits Expense	635 002	1 071 821	1 055 675	1 272 244
Taxation Including Deferred Taxation Balance Sheet Subtotal		97	3 843	5 457
Taxation Social Security Payable	914 451	707 561
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	-49 261	1
Tax Decrease From Utilisation Tax Losses				-26 073
Tax Expense Credit Applicable Tax Rate	-53 432	121 677	128 837	82 685
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			-40 773	2 052
Tax Increase Decrease From Effect Capital Allowances Depreciation	41 213	54 713	54 083	55 005
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	2 448	11 189	43 964	10 871
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				36 007
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-47 832	55 774	50 546	165 512
Total Assets Less Current Liabilities	4 553 345	6 448 687	6 102 358	7 113 670
Total Borrowings	1 847 455	1 686 987	1 697 500	1 448 704
Total Borrowings Assumed				48 333
Total Current Tax Expense Credit			-12 479	-67 197
Total Deferred Tax Expense Credit	-47 832	55 774
Total Operating Lease Payments	1 030 212	982 152	998 457
Trade Creditors Trade Payables	34 411	683 831	38 143	48 033
Trade Creditors Trade Payables Assumed				191 430
Trade Debtors Trade Receivables	79 812	701 168	102 845	22 042
Turnover Revenue	14 474 386	10 663 536	8 196 588	14 987 128
Wages Salaries	561 332	989 527	978 353	1 151 632
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement			70
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement			650
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement			580	580
Advances Credits Directors		80 036	117 559	3 257
Advances Credits Made In Period Directors			50 286	3 257
Advances Credits Repaid In Period Directors			247 881
Company Contributions To Defined Benefit Plans Directors				178
Director Remuneration		336 880	48 322	110 000
Director Remuneration Benefits Including Payments To Third Parties		161 878	165 881	229 861