Company No: 05596262 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	130		782
		130		782
Current assets
Debtors	4	503,604		951,428
Cash at bank and in hand		2,497		123,103
		506,101		1,074,531
Creditors: amounts falling due within one year	5	( 357,343)		( 857,451)
Net current assets		148,758		217,080
Total assets less current liabilities		148,888		217,862
Creditors: amounts falling due after more than one year	6	( 4,167)		( 14,167)
Net assets		144,721		203,695
Capital and reserves
Called-up share capital	7	1,053		1,053
Profit and loss account		143,668		202,642
Total shareholders' funds		144,721		203,695

For the financial 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.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Harkalm Investments Ltd (registered number: 05596262) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

B Sarner Director

19 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Harkalm Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 11 Rosemont Road, London, NW3 6NG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

3 - 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	45,814		45,814
At 31 December 2024	45,814		45,814
Accumulated depreciation
At 01 January 2024	45,032		45,032
Charge for the financial year	652		652
At 31 December 2024	45,684		45,684
Net book value
At 31 December 2024	130		130
At 31 December 2023	782		782

4. Debtors

	2024		2023
	£		£
Trade debtors	0		14,570
Other debtors	503,604		936,858
	503,604		951,428

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	10,000		10,000
Trade creditors	611		108,854
Taxation and social security	0		186,146
Other creditors	346,732		552,451
	357,343		857,451

6. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	4,167		14,167

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
10,527 Ordinary shares of £ 0.10 each	1,053		1,053

8. Related party transactions

Other related party transactions

	2024		2023
	£		£
Included within debtors there is an amount owed from a company with common shareholders	441,538		916,751