REGISTERED NUMBER: 15774065 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

Harlum Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C P Brown

H F Taylor

REGISTERED OFFICE:

Dinsdale House

Riverside Park Road

Middlesbrough

TS2 1UT

REGISTERED NUMBER:

15774065 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Owned

Intangible assets

4

41,798

17,888

Tangible assets

5

183,570

-

Right-of-use

Tangible assets

5, 9

83,049

-

308,417

17,888

CURRENT ASSETS

Stocks

378,000

4,250

Debtors

6

1,173,101

75,162

Cash at bank

1,180,956

140,656

2,732,057

220,068

CREDITORS

Amounts falling due within one year

7

2,322,893

190,527

NET CURRENT ASSETS

409,164

29,541

TOTAL ASSETS LESS CURRENT LIABILITIES

717,581

47,429

CREDITORS

Amounts falling due after more than one year

8

(47,117

)

-

PROVISIONS FOR LIABILITIES

11

(19,000

)

-

NET ASSETS

651,464

47,429

CAPITAL AND RESERVES

Called up share capital

12

200

200

Retained earnings

651,264

47,229

SHAREHOLDERS' FUNDS

651,464

47,429

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2026 and were signed on its behalf by:

C P Brown - Director

H F Taylor - Director

1.	STATUTORY INFORMATION

Harlum Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Sale of goods under finance arrangements

Turnover comprises the sale value of the leased asset at the commencement of the lease, which is when the goods are delivered to the customer, and measured as the present value of lease payments receivable.

The net investment in the lease is recognised as a debtor. Finance income is recognised over the lease term so as to provide a constant periodic rate of return on the net investment outstanding in respect of the lease.

Revenue from the sale of goods is recognised when control of the goods has transferred to the customer, the amount of revenue can be measured reliably, it is probable that economic benefits associated with the transaction will flow to the company, and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Hire of goods

Rental income arising from operating leases is recognised on a straight-line basis over the lease term, unless another systematic basis is more representative of the pattern in which benefit from the leased asset is diminished. The goods which are hired are included in Fixed Assets at their original cost, and depreciated over the expected life of the asset.

Supply of services

Turnover also comprises amounts receivable for services supplied during the year, excluding value added tax. Revenue is recognised in the accounting period in which the services are provided to the customer.

Intangible assets

Patents are recognised at cost less any accumulated impairment losses. The directors have assessed that these patents have an indefinite useful economic life.

Such patents are not amortised but are reviewed annually to confirm that the assessment of indefinite useful life remains appropriate.

The directors have exercised judgement in determining that the patent has an indefinite useful economic life. This assessment is based on the expected future commercial benefits arising from the underlying technology, and the directors' expectation that the patent will continue to generate economic benefits for the foreseeable future.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

over the period of the lease

Improvements to property

-

over the period of the lease

Plant and machinery

-

25% on cost and 20% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock and Work in Progress is valued at the lower of cost and Net Realisable Value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Right of use assets and leases

Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method.

The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/ payable

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2025

17,888

Additions

23,910

At 30 June 2026

41,798

NET BOOK VALUE

At 30 June 2026

41,798

At 30 June 2025

17,888

5.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

Additions

61,630

35,328

139,770

At 30 June 2026

61,630

35,328

139,770

DEPRECIATION

Charge for year

4,821

1,536

6,464

At 30 June 2026

4,821

1,536

6,464

NET BOOK VALUE

At 30 June 2026

56,809

33,792

133,306

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

Additions

8,761

27,989

9,181

282,659

At 30 June 2026

8,761

27,989

9,181

282,659

DEPRECIATION

Charge for year

205

1,749

1,265

16,040

At 30 June 2026

205

1,749

1,265

16,040

NET BOOK VALUE

At 30 June 2026

8,556

26,240

7,916

266,619

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

31,007

73,477

Amounts owed by group undertakings

938

684

Net investment in lease

1,016,909

-

Other debtors

124,247

1,001

1,173,101

75,162

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Leases (see note 9)

34,103

-

Trade creditors

502,394

20,903

Taxation and social security

255,773

32,259

Other creditors

1,530,623

137,365

2,322,893

190,527

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Leases (see note 9)

47,117

-

9.

LEASING

Right-of-use assets

Tangible fixed assets

2026

2025

£

£

COST

Additions

89,619

-

DEPRECIATION

Charge for year

6,570

-

NET BOOK VALUE

83,049

-

Lease liabilities

Included within lease liabilities is both the motor vehicle Hire Purchase and the property lease liability. Amounts due within one year total £34,103 and amounts due after more than one year total £47,117.

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other loans - less than 1 yr

391,000

-

HIre purchase

27,254

-

418,254

-

The other loan is secured by way of a Fixed and Floating charge over all property and assets of the company, and is all repayable within one year.

The Hire purchase creditor is secured on the asset to which it relates.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred taxation

19,000

-

Deferred

tax

£

Provided during year

19,000

Balance at 30 June 2026

19,000

12.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

£

200

Ordinary shares

£1.00

200

200

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

14.	PARENT UNDERTAKING

The immediate and ultimate parent company is Harlum Group Limited. The parent's registered office address is Dinsdale House, Riverside Park Road, Middlesbrough, TS2 1UT.