Harman Electrical (Swindon) Ltd

Harman Electrical (Swindon) Ltd
Contents Page
For the Period 26 March 2024 to 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 15595066 Harman Electrical (Swindon) Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	591
		591
Current assets
Stocks		1,000
Debtors		27,728
Cash at bank and in hand		2,995
		31,723
Creditors: amount falling due within one year		(23,879)
Net current assets		7,844

Total assets less current liabilities		8,435
Creditors: amount falling due after more than one year		(90)
Net assets		8,345

Capital and reserves
Called up share capital	4	100
Profit and loss account		8,245
Shareholders' funds		8,345

For the period ended 31 March 2025 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 accounts for the period in question 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 accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 02 October 2025 and were signed on its behalf by:

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Kevin Chilton
Director

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Catherine Conduit
Director

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James Paul Harman
Director

1

Harman Electrical (Swindon) Ltd
Notes to the Abridged Financial Statements
For the Period 26 March 2024 to 31 March 2025

General Information

Harman Electrical (Swindon) Ltd is a private company, limited by shares, registered in England and Wales, registration number 15595066, registration address Suite E6, Gemini House, Hargreaves Road, Swindon, SN25 5AZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

3 years Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 3.

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 26 March 2024	-	-
Additions	886	886
Disposals	-	-
At 31 March 2025	886	886
Depreciation
At 26 March 2024	-	-
Charge for period	295	295
On disposals	-	-
At 31 March 2025	295	295
Net book values
Closing balance as at 31 March 2025	591	591
Opening balance as at 26 March 2024	-	-

4.

Share Capital

Allotted, called up and fully paid	2025 £
50 Ordinary A shares of £1.00 each	50
25 Ordinary B shares of £1.00 each	25
25 Ordinary C shares of £1.00 each	25
	100

2

Registered Number: 15595066
England and Wales
Abridged Accounts

for the period ended 31 March 2025
for
HARMAN ELECTRICAL (SWINDON) LTD