HARMONY HOMES DEVELOPMENT SERVICES LIMIT - Accounts to registrar (filleted) - small 18.2
HARMONY HOMES DEVELOPMENT SERVICES LIMIT - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2019 |
FOR |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED (REGISTERED NUMBER: 08532391) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2019 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 | to | 4 |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2019 |
DIRECTORS: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Stone House |
Stone Road Business Park |
Stoke-On-Trent |
ST4 6SR |
BANKERS: |
One Southampton Row |
London |
WC1B 5HA |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED (REGISTERED NUMBER: 08532391) |
STATEMENT OF FINANCIAL POSITION |
30 APRIL 2019 |
30.4.19 | 30.4.18 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors on its behalf by: |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED (REGISTERED NUMBER: 08532391) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 APRIL 2019 |
1. | STATUTORY INFORMATION |
HARMONY HOMES DEVELOPMENT SERVICES LIMITED is a |
registered in England and Wales. The company's registered number and registered office address |
can be found on the Company Information page. |
The principal activity of the company is that of a project finance provider. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The |
Financial Reporting Standard applicable in the UK and the Republic of Ireland'. |
The financial statements are prepared in sterling, which is the functional currency of the entity. |
The financial statements have been prepared on the historical cost basis, as modified by the |
revaluation of certain financial assets and liabilities measured at fair value through profit or loss. |
Judgements and key sources of estimation uncertainty |
The preparation of the financial statements requires management to make judgements, estimates and |
assumptions that affect the amounts reported. These estimates and judgements are continually |
reviewed and are based on experience and other factors, including expectations of future events that |
are believed to be reasonable under the circumstances. |
(i) Estimated useful lives and residual values of fixed assets |
Depreciation of tangible fixed assets has been based on estimated useful lives and residual values |
deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually |
and revised as appropriate. Revisions take into account estimated useful lives used by other |
companies operating in the sector and actual asset lives and residual values, as evidenced by |
disposals during the current and prior accounting periods. |
Revenue recognition |
Turnover represents income receivable for services provided and is shown net of any Value Added |
Tax. |
Financial instruments |
A financial asset or a financial liability is recognised only when the entity becomes a party to the |
contractual provisions of the instrument. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement |
constitutes a financing transaction, where it is recognised at the present value of the future payments |
discounted at a market rate of interest for a similar debt instrument. |
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of |
impairment at the end of each reporting date. If there is objective evidence of impairment, an |
impairment loss is recognised in profit or loss immediately. |
For all equity instruments regardless of significance, and other financial assets that are individually |
significant, these are assessed individually for impairment. Other financial assets are either assessed |
individually or grouped on the basis of similar credit risk characteristics. |
HARMONY HOMES DEVELOPMENT SERVICES |
LIMITED (REGISTERED NUMBER: 08532391) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 APRIL 2019 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of |
Income and Retained Earnings, 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 statement of financial position date. |
Going concern |
The accounts have been prepared on the going concern basis, see later note of the financial |
statements. |
3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.19 | 30.4.18 |
£ | £ |
VAT |
Called up share capital not paid |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.19 | 30.4.18 |
£ | £ |
Amounts due to connected companies | 9,931 | 9,931 |
Accruals and deferred income |
5. | GOING CONCERN |
The accounts have been prepared on the going concern basis. The directors believe this to be |
appropriate as they have expressed their willingness to support the business for the foreseeable |
future. |
6. | EVENTS AFTER THE END OF THE REPORTING PERIOD |
There were no significant events up to the date of approval of the financial statements by the Board. |