THE HARMONY HUB CIC

Company Registration Number:
10704758 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

THE HARMONY HUB CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE HARMONY HUB CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 27,944 12,314
Cost of sales: ( 2,643 ) ( 2,954 )
Gross profit(or loss): 25,301 9,360
Administrative expenses: ( 45,736 ) ( 18,825 )
Other operating income: 20,438 8,846
Operating profit(or loss): 3 (619)
Profit(or loss) before tax: 3 (619)
Profit(or loss) for the financial year: 3 (619)

THE HARMONY HUB CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 15,716 16,154
Total current assets: 15,716 16,154
Creditors: amounts falling due within one year: 3 ( 17,391 ) ( 17,832 )
Net current assets (liabilities): (1,675) (1,678)
Total assets less current liabilities: (1,675) ( 1,678)
Total net assets (liabilities): (1,675) (1,678)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (1,676 ) (1,679 )
Total Shareholders' funds: ( 1,675 ) (1,678)

The notes form part of these financial statements

THE HARMONY HUB CIC

Balance sheet statements

For the year ending 30 April 2024 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.

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

This report was approved by the board of directors on 13 February 2025
and signed on behalf of the board by:

Name: Elizabeth Ann Whittall
Status: Director

The notes form part of these financial statements

THE HARMONY HUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

THE HARMONY HUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

THE HARMONY HUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 17,391 17,832
Total 17,391 17,832

COMMUNITY INTEREST ANNUAL REPORT

THE HARMONY HUB CIC

Company Number: 10704758 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Our approach is to deliver a safe and comfortable environment for the local community to come and feel at ease. Forming strong links and partnerships with the local community is the key plan to what we do and we are proud to say that organisations and individuals are keen to remain in contact with us. We offer a combination of workshops for individuals and groups to participate in.

Consultation with stakeholders

Our Stakeholders are the benefeciaries who take part in the training, their families, friends and communities, also including social enterprises and small charities, volunteers and associates of the company. Evaluation and feedback from all who are involved with us is very important and is collected in several ways throughout the year. Evaluation forms are used, interviews, photographs and testimonials.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 February 2025

And signed on behalf of the board by:
Name: Elizabeth Ann Whittall
Status: Director