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REGISTERED NUMBER: 12373661 (England and Wales)


















Harmoney Financial Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023






Harmoney Financial Ltd (Registered number: 12373661)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Harmoney Financial Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Miss H R Platt





REGISTERED OFFICE: Delta 606 Delta Office Park
Welton Road
Swindon
Wiltshire
SN5 7XF





REGISTERED NUMBER: 12373661 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Harmoney Financial Ltd (Registered number: 12373661)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 13,454 -
Tangible assets 5 1,666 1,863
15,120 1,863

CURRENT ASSETS
Debtors 6 2,844 824
Cash at bank - 6,233
2,844 7,057
CREDITORS
Amounts falling due within one year 7 (17,860 ) (7,905 )
NET CURRENT LIABILITIES (15,016 ) (848 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

104

1,015

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 4 915
SHAREHOLDERS' FUNDS 104 1,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Harmoney Financial Ltd (Registered number: 12373661)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2024 and were signed by:





Miss H R Platt - Director


Harmoney Financial Ltd (Registered number: 12373661)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Harmoney Financial Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Harmoney Financial Ltd (Registered number: 12373661)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 16,818
At 31 December 2023 16,818
AMORTISATION
Amortisation for year 3,364
At 31 December 2023 3,364
NET BOOK VALUE
At 31 December 2023 13,454

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 1,598 93 2,423 4,114
Additions - - 754 754
At 31 December 2023 1,598 93 3,177 4,868
DEPRECIATION
At 1 January 2023 480 56 1,715 2,251
Charge for year 319 18 614 951
At 31 December 2023 799 74 2,329 3,202
NET BOOK VALUE
At 31 December 2023 799 19 848 1,666
At 31 December 2022 1,118 37 708 1,863

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,844 824

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,854 -
Trade creditors 130 -
Taxation and social security 7,074 6,571
Other creditors 8,802 1,334
17,860 7,905

Harmoney Financial Ltd (Registered number: 12373661)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100