IN HARMONY,SPIRIT AND BALANCE LIMITED

Company Registration Number:
03928493 (England and Wales)

Unaudited abridged accounts for the year ended 30 October 2023

Period of accounts

Start date: 31 October 2022

End date: 30 October 2023

IN HARMONY,SPIRIT AND BALANCE LIMITED

Contents of the Financial Statements

for the Period Ended 30 October 2023

Balance sheet
Notes

IN HARMONY,SPIRIT AND BALANCE LIMITED

Balance sheet

As at 30 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 5,870 7,588
Tangible assets: 4 101,824 123,641
Total fixed assets: 107,694 131,229
Current assets
Stocks: 14,891 11,230
Debtors: 5 16,711 49,436
Cash at bank and in hand: 277,639 265,274
Total current assets: 309,241 325,940
Creditors: amounts falling due within one year: 6 (163,783) (147,206)
Net current assets (liabilities): 145,458 178,734
Total assets less current liabilities: 253,152 309,963
Creditors: amounts falling due after more than one year: 7 (72,500) (102,500)
Total net assets (liabilities): 180,652 207,463
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 180,552 207,363
Shareholders funds: 180,652 207,463

The notes form part of these financial statements

IN HARMONY,SPIRIT AND BALANCE LIMITED

Balance sheet statements

For the year ending 30 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2024
and signed on behalf of the board by:

Name: Mrs J E Anderson
Status: Director

The notes form part of these financial statements

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

2. Employees

2023 2022
Average number of employees during the period 15 15

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

3. Intangible Assets

Total
Cost £
At 31 October 2022 8,590
At 30 October 2023 8,590
Amortisation
At 31 October 2022 1,002
Charge for year 1,718
At 30 October 2023 2,720
Net book value
At 30 October 2023 5,870
At 30 October 2022 7,588

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

4. Tangible Assets

Total
Cost £
At 31 October 2022 277,175
Additions 4,510
At 30 October 2023 281,685
Depreciation
At 31 October 2022 153,534
Charge for year 26,327
At 30 October 2023 179,861
Net book value
At 30 October 2023 101,824
At 30 October 2022 123,641

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

Debtors amounts falling due within one year. Trade debttors £679 (2022: £8,378), Corporation tax recoverable £769 (2022: £ Nil), Other debtors £15,263 (2022: £41,058).

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

6. Creditors: amounts falling due within one year note

Bank Loans £30,000 (2022: £30,000)Trade Creditors £8,508 (2022: £4,300)Corporation tax £Nil (2022: £4,056)Other taxation and social security £23,345 (2022: £27,523)Other creditors £101,930 (2022: £81,327)

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

7. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £72,500 (2022: £102,500)

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

8. Financial commitments

Operating lease commitments.At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows: £93,064 (2022: £124,147)

IN HARMONY,SPIRIT AND BALANCE LIMITED

Notes to the Financial Statements

for the Period Ended 30 October 2023

9. Loans to directors

Name of director receiving advance or credit: Mrs J Anderson
Description of the loan: Loan
£
Balance at 31 October 2022 23,000
Advances or credits repaid: 23,000
Balance at 30 October 2023 0