30 November 2020 false No description of principal activity Taxfiler 2022.8.3 true 10469887business:PrivateLimitedCompanyLtd2020-11-302021-11-29 104698872020-11-29 104698872020-11-302021-11-29 10469887business:AuditExemptWithAccountantsReport2020-11-302021-11-29 10469887business:FullAccounts2020-11-302021-11-29 104698872021-11-29 10469887business:Director12020-11-302021-11-29 10469887business:Director22020-11-302021-11-29 10469887business:Director32020-11-302021-11-29 10469887business:RegisteredOffice2020-11-302021-11-29 104698872020-11-29 10469887core:WithinOneYear2021-11-29 10469887core:WithinOneYear2020-11-29 10469887core:AfterOneYear2021-11-29 10469887core:AfterOneYear2020-11-29 10469887core:ShareCapital2021-11-29 10469887core:ShareCapital2020-11-29 10469887core:SharePremium2021-11-29 10469887core:SharePremium2020-11-29 10469887core:RetainedEarningsAccumulatedLosses2021-11-29 10469887core:RetainedEarningsAccumulatedLosses2020-11-29 10469887business:SmallEntities2020-11-302021-11-29 10469887countries:EnglandWales2020-11-302021-11-29 10469887core:MotorVehicles2020-11-302021-11-29 10469887core:ComputerEquipment2020-11-302021-11-29 10469887core:IntangibleAssetsOtherThanGoodwill2020-11-29 10469887core:IntangibleAssetsOtherThanGoodwill2020-11-302021-11-29 10469887core:IntangibleAssetsOtherThanGoodwill2021-11-29 10469887core:MotorVehicles2020-11-29 10469887core:ComputerEquipment2020-11-29 10469887core:MotorVehicles2021-11-29 10469887core:ComputerEquipment2021-11-29 104698872019-11-302020-11-29 iso4217:GBP xbrli:pure
Company Registration No. 10469887 (England and Wales)
99HOME LTD Unaudited accounts for the year ended 29 November 2021
99HOME LTD Unaudited accounts Contents
Page
- 2 -
99HOME LTD Company Information for the year ended 29 November 2021
Directors
Vijayant Vashistha Sachinkumar Gupta Richard Luckman
Company Number
10469887 (England and Wales)
Registered Office
38A Court Parade East Lane Wembley HA0 3HS United Kingdom
Accountants
Taxacc Solutions Ltd 22 Mount Ephraim Road Tunbridge Wells TN1 1ED
- 3 -
99HOME LTD Statement of financial position as at 29 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
44,830 
35,830 
Tangible assets
1,091 
387 
45,921 
36,217 
Current assets
Debtors
57,790 
48,212 
Cash at bank and in hand
153,523 
182,038 
211,313 
230,250 
Creditors: amounts falling due within one year
(102,413)
(56,263)
Net current assets
108,900 
173,987 
Total assets less current liabilities
154,821 
210,204 
Creditors: amounts falling due after more than one year
(34,499)
(49,500)
Net assets
120,322 
160,704 
Capital and reserves
Called up share capital
103 
103 
Share premium
247,578 
247,578 
Profit and loss account
(127,359)
(86,977)
Shareholders' funds
120,322 
160,704 
For the year ending 29 November 2021 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2022 and were signed on its behalf by
Vijayant Vashistha Director Company Registration No. 10469887
- 4 -
99HOME LTD Notes to the Accounts for the year ended 29 November 2021
1
Statutory information
99HOME LTD is a private company, limited by shares, registered in England and Wales, registration number 10469887. The registered office is 38A Court Parade, East Lane, Wembley, HA0 3HS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value-added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25.00% RBM
Computer equipment
33.33% SLM
Going concern
The directors have reviewed the company's current and future financial position, its cash flows and liquidity position. These have been prepared with a very prudent view of the likely gradual recovery in each of the company's operating channels and have been stress tested to ensure that cash flows and liquidity are sufficiently robust to allow the company to continue to trade during this period. The directors consider it appropriate to prepare the financial statements on a going concern basis.
- 5 -
99HOME LTD Notes to the Accounts for the year ended 29 November 2021
4
Intangible fixed assets
Other 
£ 
Cost
At 30 November 2020
35,830 
Additions
9,000 
At 29 November 2021
44,830 
Amortisation
At 30 November 2020
- 
At 29 November 2021
- 
Net book value
At 29 November 2021
44,830 
At 29 November 2020
35,830 
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 November 2020
- 
515 
515 
Additions
213 
999 
1,212 
At 29 November 2021
213 
1,514 
1,727 
Depreciation
At 30 November 2020
- 
128 
128 
Charge for the year
31 
477 
508 
At 29 November 2021
31 
605 
636 
Net book value
At 29 November 2021
182 
909 
1,091 
At 29 November 2020
- 
387 
387 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accrued income and prepayments
36,783 
48,212 
Other debtors
21,007 
- 
57,790 
48,212 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
10,041 
- 
VAT
15,798 
18,168 
Trade creditors
10,990 
1,800 
Taxes and social security
1,772 
1,028 
Other creditors
63,812 
30,450 
Loans from directors
- 
4,817 
102,413 
56,263 
- 6 -
99HOME LTD Notes to the Accounts for the year ended 29 November 2021
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
34,499 
49,500 
9
Transactions with related parties
At the year-end, the company owed £5,183 (2020: £4,817 Cr.) from the related parties included in other debtors.
10
Average number of employees
During the year the average number of employees was 6 (2020: 5).
- 7 -