2023-11-01 2024-10-31 11037577 HARJAM INNOVATIONS LIMITED false 11037577 2023-11-01 2024-10-31 11037577 uk-bus:Director1 2023-11-01 2024-10-31 11037577 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11037577 uk-bus:SmallEntities 2023-11-01 2024-10-31 11037577 uk-bus:FullAccounts 2023-11-01 2024-10-31 11037577 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11037577 2023-11-01 11037577 2024-10-31 11037577 2023-10-31 xbrli:pure iso4217:GBP 11037577 2022-11-01 2023-10-31
Company Registration Number : 11037577 (England and Wales)
11037577
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-10-31
false
HARJAM INNOVATIONS LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-11-01
HARJAM INNOVATIONS LIMITED
Unaudited filleted financial statements
For the year ended 31 October 2024
HARJAM INNOVATIONS LIMITED
Contents
For the year ended 31 October 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


HARJAM INNOVATIONS LIMITED
Company Information
For the year ended 31 October 2024

Company registration number 11037577 (England and Wales)
Directors Kevin John Herbert
Rory Mc Loughney
Registered office address E2 Churcham Business Park
Gloucester
GL2 8AX
HARJAM INNOVATIONS LIMITED
Statement of Financial Position
For the year ended 31 October 2024

2024 2023
Notes £ £
Fixed assets
Intangible assets 3,292 (14)
Property, plant and equipment 24,149 4,969
Investments - 35,201
6 27,441 40,156
Current assets
Inventories 35,201 -
Debtors 57,085 3,819
Corporation tax receivable 200 -
Cash and cash equivalents 54,743 22,420
147,229 26,240
Current liabilities
Creditors: Amounts falling due within one year (78,401) (1,768)
(78,401) (1,768)
Net current assets/(liabilities) 68,827 24,472
Total assets less current liabilities 96,269 64,628
Non-current liabilities
Creditors: Amounts falling due after more than one year (166,289) (91,201)
Net (liabilities)/assets (70,020) (26,574)
Capital and reserves
Retained earnings (70,020) (26,574)
Shareholder's funds (70,020) (26,574)
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 October 2024 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 April 2025
.............................
Kevin John Herbert (Director)
Company registration number: 11037577
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-10-31 31 October 2024
2024 2023
£ £
Fixed Assets 27,441 40,156
Current Assets 147,229 26,240
Creditors: amounts falling due within one year (78,401) (1,768)
Net current assets/(liabilities) 68,827 24,472
Total assets less current liabilities 96,269 64,628
CREDITORS: Amounts falling due more than one year (166,289) (91,201)
Net Assets/(liabilities) (70,020) (26,574)
Capital and Reserves (70,020) (26,574)
For the year ending 31/10/2024 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. For the year ending 31-10-2024 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 29 April 2025 2025-05-28 and signed on behalf of the board,
.............................
Kevin John HERBERT
Director
Company registration number: 11037577
HARJAM INNOVATIONS LIMITED
Notes to the Financial Statements
For the year ended 31 October 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is E2 Churcham Business Park, Gloucester, GL2 8AX.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Development costs
Development costs is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised over its estimated life of 5 years using the straight-line method. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings20% straight line
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties20% straight line
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Investments in subsidiaries, jointly controlled entities or associates
Investments in subsidiaries, jointly controlled entities or associates are accounted for at cost less provision for impairment.
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the year, the average number of employees including director was 3 (2023 : 6).

(6) Fixed assets
Intangible

£
Tangible

£
Investments

£
Totals

£
Cost
As at 01 November 202310,56116,55235,20162,314
Additions(63)8,000(35,201)(27,264)
Disposals33--33
Revaluation246--246
Transfers(9,135)--(9,135)
As at 31 October 20241,64224,552-26,194
Depreciation/Amortisation
As at 01 November 2023(1,651)--(1,651)
For the year-403-403
As at 31 October 2024(1,651)403-(1,248)
Net book value
As at 31 October 20243,29324,149-27,442
As at 31 October 202312,21216,55235,20163,965