Harmony Children's Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07350725 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 December 2025

for

HARMONY CHILDREN'S SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A G Bickler

P N Fraser

M Raw

J S Rosenberg

REGISTERED OFFICE:

Central House

47 St Paul's Street

Leeds

LS1 2TE

REGISTERED NUMBER:

07350725 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Tangible assets

4

660,425

593,523

CURRENT ASSETS

Debtors

5

358,675

191,667

Cash at bank and in hand

787,844

686,714

1,146,519

878,381

CREDITORS

Amounts falling due within one year

6

(384,043

)

(286,325

)

NET CURRENT ASSETS

762,476

592,056

TOTAL ASSETS LESS CURRENT LIABILITIES

1,422,901

1,185,579

CREDITORS

Amounts falling due after more than one
year

7

(381,402

)

(376,586

)

PROVISIONS FOR LIABILITIES

(27,194

)

(14,718

)

NET ASSETS

1,014,305

794,275

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,014,205

794,175

SHAREHOLDERS' FUNDS

1,014,305

794,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 18 September 2026 and were signed on its behalf by:

M Raw - Director

1.	STATUTORY INFORMATION

Harmony Children's 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.

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Significant judgements and estimates

In applying the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities. Estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Freehold property

-

nil

Long leasehold

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Other financial assets:

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets:

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Derecognition of financial assets:

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities:

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Derecognition of financial liabilities:

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

property

leasehold

fittings

£

COST

At 1 January 2025

494,162

12,321

77,999

Additions

-

6,812

Disposals

-

Reclassification/transfer

-

At 31 December 2025

494,162

12,321

84,811

DEPRECIATION

At 1 January 2025

-

12,321

45,263

Charge for year

-

7,152

Eliminated on disposal

-

Reclassification/transfer

-

At 31 December 2025

-

12,321

52,415

NET BOOK VALUE

At 31 December 2025

494,162

-

32,396

At 31 December 2024

494,162

-

32,736

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2025

118,240

4,367

707,089

Additions

92,930

2,349

102,091

Disposals

(2,000

)

-

(2,000

)

Reclassification/transfer

35,232

-

35,232

At 31 December 2025

244,402

6,716

842,412

DEPRECIATION

At 1 January 2025

54,090

1,892

113,566

Charge for year

25,416

746

33,314

Eliminated on disposal

(125

)

-

(125

)

Reclassification/transfer

35,232

-

35,232

At 31 December 2025

114,613

2,638

181,987

NET BOOK VALUE

At 31 December 2025

129,789

4,078

660,425

At 31 December 2024

64,150

2,475

593,523

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

72,130

Reclassification/transfer

80,530

At 31 December 2025

152,660

DEPRECIATION

Charge for year

17,336

Reclassification/transfer

35,232

At 31 December 2025

52,568

NET BOOK VALUE

At 31 December 2025

100,092

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

336,671

167,200

Sundry debtors

10,401

10,901

Prepayments and accrued income

4,523

13,566

Prepayments

7,080

-

358,675

191,667

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

24,887

14,913

Trade creditors

10,960

25,529

Corporation tax

108,512

95,680

Social security and other taxes

93,647

42,699

Wages control

96,216

64,022

Pension control

13,746

3,314

Accruals and deferred income

5,184

27,305

Loan creditor

30,083

12,276

Credit card account 1

-

504

Directors' current accounts

808

83

384,043

286,325

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

85,578

46,927

Loan creditor

295,824

329,659

381,402

376,586

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

24,887

14,913

Between one and five years

85,578

46,927

110,465

61,840

Non-cancellable

operating leases

2025

2024

£

Within one year

53,523

Between one and five years

198,867

213,867

In more than five years

3,210

41,734

255,600

309,124

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

110,465

61,840

Loan creditor

325,907

327,000

436,372

388,840

The loan is secured by a fixed and floating charge over the property to which it relates. Hire purchase contracts are secured against the assets to which they relate.