Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08269207 Mr Aubrey Robinson Ms Abigail Abrames iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08269207 2022-10-31 08269207 2023-10-31 08269207 2022-11-01 2023-10-31 08269207 frs-core:CurrentFinancialInstruments 2023-10-31 08269207 frs-core:Non-currentFinancialInstruments 2023-10-31 08269207 frs-core:ComputerEquipment 2023-10-31 08269207 frs-core:ComputerEquipment 2022-11-01 2023-10-31 08269207 frs-core:ComputerEquipment 2022-10-31 08269207 frs-core:FurnitureFittings 2023-10-31 08269207 frs-core:FurnitureFittings 2022-11-01 2023-10-31 08269207 frs-core:FurnitureFittings 2022-10-31 08269207 frs-core:PlantMachinery 2023-10-31 08269207 frs-core:PlantMachinery 2022-11-01 2023-10-31 08269207 frs-core:PlantMachinery 2022-10-31 08269207 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08269207 frs-bus:CompanyLimitedByGuarantee 2022-11-01 2023-10-31 08269207 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08269207 frs-bus:SmallEntities 2022-11-01 2023-10-31 08269207 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08269207 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08269207 frs-bus:Director1 2022-11-01 2023-10-31 08269207 frs-bus:Director2 2022-11-01 2023-10-31 08269207 frs-countries:EnglandWales 2022-11-01 2023-10-31 08269207 2021-10-31 08269207 2022-10-31 08269207 2021-11-01 2022-10-31 08269207 frs-core:CurrentFinancialInstruments 2022-10-31 08269207 frs-core:Non-currentFinancialInstruments 2022-10-31 08269207 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 08269207
Harmony Music School Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Kingfisher Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08269207
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,051 10,679
9,051 10,679
CURRENT ASSETS
Stocks 5 600 548
Debtors 6 3,785 1,987
Cash at bank and in hand 25,576 22,468
29,961 25,003
Creditors: Amounts Falling Due Within One Year 7 (9,580 ) (6,770 )
NET CURRENT ASSETS (LIABILITIES) 20,381 18,233
TOTAL ASSETS LESS CURRENT LIABILITIES 29,432 28,912
Creditors: Amounts Falling Due After More Than One Year 8 (24,871 ) (29,136 )
NET ASSETS/(LIABILITIES) 4,561 (224 )
Income and Expenditure Account 4,561 (224 )
MEMBERS' FUNDS 4,561 (224)
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Page 2
For the year ending 31 October 2023 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mr Aubrey Robinson
Director
12/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Harmony Music School Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08269207 . The registered office is Ecclesfield Business Centre 46 Stocks Hill, Ecclesfield, Sheffield, South Yorkshire, S35 9YT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 18% and 100%
Fixtures & Fittings 18% and 100%
Computer Equipment 18% and 100%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2022 28,926 7,046 16,942 52,914
Additions 186 173 - 359
As at 31 October 2023 29,112 7,219 16,942 53,273
Depreciation
As at 1 November 2022 23,180 5,786 13,269 42,235
Provided during the period 1,068 258 661 1,987
As at 31 October 2023 24,248 6,044 13,930 44,222
Net Book Value
As at 31 October 2023 4,864 1,175 3,012 9,051
As at 1 November 2022 5,746 1,260 3,673 10,679
5. Stocks
2023 2022
£ £
Finished goods 600 548
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Page 4
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,785 1,987
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,212 838
Other taxes and social security 450 352
Other creditors 1,424 357
Accruals and deferred income 6,359 4,843
Directors' loan accounts 135 380
9,580 6,770
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 24,871 29,136
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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