Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12969198 Mr Kwok WU iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12969198 2023-12-31 12969198 2024-12-31 12969198 2024-01-01 2024-12-31 12969198 frs-core:PlantMachinery 2024-12-31 12969198 frs-core:PlantMachinery 2024-01-01 2024-12-31 12969198 frs-core:PlantMachinery 2023-12-31 12969198 frs-core:ShareCapital 2024-12-31 12969198 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12969198 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12969198 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12969198 frs-bus:SmallEntities 2024-01-01 2024-12-31 12969198 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12969198 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12969198 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 12969198 frs-bus:Director1 2024-01-01 2024-12-31 12969198 frs-countries:EnglandWales 2024-01-01 2024-12-31 12969198 2022-12-31 12969198 2023-12-31 12969198 2023-01-01 2023-12-31 12969198 frs-core:ShareCapital 2023-12-31 12969198 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12969198 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31
Registered number: 12969198
Harmony Land Investment Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
ZP Accountants and Business Advisers Ltd
International House, 307 Cotton Exchange
Old Hall Street
Liverpool
L3 9LQ
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Harmony Land Investment Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Harmony Land Investment Ltd for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Harmony Land Investment Ltd , as a body, in accordance with the terms of our engagement letter dated 09 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of Harmony Land Investment Ltd and state those matters that we have agreed to state to the director of Harmony Land Investment Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Harmony Land Investment Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Harmony Land Investment Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Harmony Land Investment Ltd . You consider that Harmony Land Investment Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Harmony Land Investment Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Zak Parker
25th July 2025
ZP Accountants and Business Advisers Ltd
International House, 307 Cotton Exchange
Old Hall Street
Liverpool
L3 9LQ
Page 1
Page 2
Balance Sheet
Registered number: 12969198
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123 -
Investment Properties 5 128,000 126,000
128,123 126,000
CURRENT ASSETS
Debtors 6 1,500 71
Cash at bank and in hand 169 366
1,669 437
Creditors: Amounts Falling Due Within One Year 7 (126,810 ) (103,485 )
NET CURRENT ASSETS (LIABILITIES) (125,141 ) (103,048 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,982 22,952
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,808 ) (6,405 )
NET (LIABILITIES)/ASSETS (3,826 ) 16,547
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve - 27,305
Profit and Loss Account (3,926 ) (10,858 )
SHAREHOLDERS' FUNDS (3,826) 16,547
Page 2
Page 3
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board
Mr Kwok WU
Director
25th July 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Harmony Land Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12969198 . The registered office is Unit A 82 James Carter Road, Mildenhall, Suffolk, England, IP28 7DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 rents and services.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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 4 years straight line
2.4. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recorded at cost,
which includes purchase price and any directly attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in
the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 January 2024 -
Additions 130
As at 31 December 2024 130
Depreciation
As at 1 January 2024 -
Provided during the period 7
As at 31 December 2024 7
Net Book Value
As at 31 December 2024 123
As at 1 January 2024 -
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 126,000
Revaluations 2,000
As at 31 December 2024 128,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 92,289 92,289
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 1,500 -
Other debtors - 71
1,500 71
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 126,810 103,485
Page 5
Page 6
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6