TEAM HARMONY CIC

Company limited by guarantee

Company Registration Number:
15988608 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 October 2024

End date: 31 October 2025

TEAM HARMONY CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TEAM HARMONY CIC

Profit And Loss Account

for the Period Ended 31 October 2025

13 months to 31 October 2025


£
Turnover: 6,573
Gross profit(or loss): 6,573
Administrative expenses: ( 57,753 )
Other operating income: 26,970
Operating profit(or loss): (24,210)
Profit(or loss) before tax: (24,210)
Profit(or loss) for the financial year: (24,210)

TEAM HARMONY CIC

Balance sheet

As at 31 October 2025

Notes 13 months to 31 October 2025


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 464
Total fixed assets: 464
Current assets
Cash at bank and in hand: 614
Total current assets: 614
Creditors: amounts falling due within one year: 4 ( 25,288 )
Net current assets (liabilities): (24,674)
Total assets less current liabilities: (24,210)
Total net assets (liabilities): (24,210)
Members' funds
Profit and loss account: (24,210)
Total members' funds: ( 24,210)

The notes form part of these financial statements

TEAM HARMONY CIC

Balance sheet statements

For the year ending 31 October 2025 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.

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

This report was approved by the board of directors on 8 August 2026
and signed on behalf of the board by:

Name: Samuel Akinfala
Status: Director

The notes form part of these financial statements

TEAM HARMONY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets, at a rate considered appropriate by the directors to write off the cost less estimated residual value over their expected useful economic lives.

TEAM HARMONY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    13 months to 31 October 2025
    Average number of employees during the period 0

TEAM HARMONY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 696 696
Disposals
Revaluations
Transfers
At 31 October 2025 696 696
Depreciation
Charge for year 232 232
On disposals
Other adjustments
At 31 October 2025 232 232
Net book value
At 31 October 2025 464 464

TEAM HARMONY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Creditors: amounts falling due within one year note

13 months to 31 October 2025
£
Other creditors 25,288
Total 25,288

COMMUNITY INTEREST ANNUAL REPORT

TEAM HARMONY CIC

Company Number: 15988608 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

During the financial year, Team Harmony CIC delivered activities that promoted community participation, education and the advancement of music. The company organised and developed initiatives that provided opportunities for individuals, particularly young people and members of the local community, to develop musical skills, on and offstage skills, participate in workshops and rehearsals, and perform in community events. A significant focus of the company's work during the year was the planning, organisation and delivery of the Harmony Concert. The project brought together musicians, singers and volunteers from diverse backgrounds to participate in rehearsals, training sessions and a large-scale community performance. The activities encouraged collaboration, strengthened community relationships and provided a platform for emerging talent. The company also invested in equipment, rehearsal facilities, marketing and training to improve the quality and accessibility of its community programmes. These activities were carried out for the benefit of the community rather than for private profit. The directors also provided financial support to the company through director loans to enable the delivery of these community activities. Any income received by the company was applied towards furthering its community objectives and supporting the delivery of its programmes.

Consultation with stakeholders

The company sought feedback from participants through informal interviews and discussions with workshop attendees, musicians and audience members following its activities and community events. The feedback was overwhelmingly positive and highlighted the value of providing accessible opportunities for musical development within the community. Participants expressed a strong desire for more upskilling projects, increased opportunities to learn from established and experienced musicians, and greater access to orchestral performance and training. This feedback will inform the company's future plans, including expanding its programme of workshops, strengthening mentoring opportunities with professional musicians, and developing initiatives that improve access to orchestral playing for aspiring community musicians.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 August 2026

And signed on behalf of the board by:
Name: Samuel Akinfala
Status: Director