HARKNESS SCREENS (UK) LIMITED

Company Registration Number:
02576490 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

HARKNESS SCREENS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

HARKNESS SCREENS (UK) LIMITED

Balance sheet

As at 30 September 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 193,033 235,918
Investments: 4 1 1
Total fixed assets: 193,034 235,919
Current assets
Stocks: 27,335 54,160
Debtors: 5 342,072 505,054
Cash at bank and in hand: 140,749 107,325
Total current assets: 510,156 666,539
Creditors: amounts falling due within one year: 6 (3,306,638) (2,791,753)
Net current assets (liabilities): (2,796,482) (2,125,214)
Total assets less current liabilities: (2,603,448) (1,889,295)
Provision for liabilities: (32,974) (24,459)
Total net assets (liabilities): (2,636,422) (1,913,754)
Capital and reserves
Called up share capital: 352,941 352,941
Other reserves: 540,000 540,000
Profit and loss account: (3,529,363) (2,806,695)
Shareholders funds: (2,636,422) (1,913,754)

The notes form part of these financial statements

HARKNESS SCREENS (UK) LIMITED

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Mark Ashcroft
Status: Director

The notes form part of these financial statements

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

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

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 15 14

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 1,308,550
Additions 15,353
At 30 September 2024 1,323,903
Depreciation
At 01 October 2023 1,072,632
Charge for year 58,238
At 30 September 2024 1,130,870
Net book value
At 30 September 2024 193,033
At 30 September 2023 235,918

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

Fixed asset investments The company holds 100% of the ordinary shares of Harkness Screens (USA) Limited, a company incorporated in the United Kingdom. The principal activity of the company is the manufacture and sale of projection screens. The company owns 90% of the ordinary shares of SCI Du Clos dArquemont, a company incorporated in France. The principal activity of the company is the holding of French property. The company owns 0.01% of the ordinary shares of Harkness Screens India LLP, a limited liability partnership incorporated in India. The principal activity of the limited liability partnership is the manufacture and sale of projection screens. Unlisted investments £ Cost or valuation At 1 October 2023 1 At 30 September 2024 1

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

Creditors: Amounts falling due within one year 2024 £ 2023 £ Trade creditors 171,566 139,373 Amounts owed to group undertakings 2,997,482 2,294,353 Other taxation and social security 3,252 - Other creditors 10,054 95,670 Accruals and deferred income 124,284 262,357 3,306,638 2,791,753 Amounts due to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

HARKNESS SCREENS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Post balance sheet events

Post balance sheet events As detailed in the going concern note above, the company is dependent on the financial support from its ultimate parent, Harkness Screens International Limited, in respect of its ability to continue as a going concern. Subsequent to the balance sheet date, the ultimate parent for the Company changed from Harkness Screens Group Limited to Harkness Screens International following a reorganisation of the Group. As a result of this reorganisation, the Group received additional shareholder investment in the form of equity and loan notes and its primary external debt with its external lender was removed.