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REGISTERED NUMBER: 11223619 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Houzecheck Limited

Houzecheck Limited (Registered number: 11223619)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Houzecheck Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: A K Bansal
J D R Burrows





REGISTERED OFFICE: The Quarters
30-40 St. Albans Road
Watford
WD17 1RN





REGISTERED NUMBER: 11223619 (England and Wales)





ACCOUNTANTS: Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Houzecheck Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Houzecheck Limited for the year ended 28 February 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Houzecheck Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Houzecheck Limited and state those matters that we have agreed to state to the Board of Directors of Houzecheck Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Houzecheck Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Houzecheck Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Houzecheck Limited. You consider that Houzecheck Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Houzecheck Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thickbroom Coventry Limited
Chartered Accountants
147a High Street
Waltham Cross
Hertfordshire
EN8 7AP


Date: .............................................

Houzecheck Limited (Registered number: 11223619)

Statement of Financial Position
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 195,427 229,392
Tangible assets 5 20,459 14,111
215,886 243,503

CURRENT ASSETS
Debtors 6 81,957 33,634
Cash at bank 8,471 52,075
90,428 85,709
CREDITORS
Amounts falling due within one year 7 563,627 427,089
NET CURRENT LIABILITIES (473,199 ) (341,380 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(257,313

)

(97,877

)

CREDITORS
Amounts falling due after more than
one year

8

394,841

309,261
NET LIABILITIES (652,154 ) (407,138 )

CAPITAL AND RESERVES
Called up share capital 9 1,185 1,185
Share premium 99,930 99,930
Retained earnings (753,269 ) (508,253 )
SHAREHOLDERS' FUNDS (652,154 ) (407,138 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

Houzecheck Limited (Registered number: 11223619)

Statement of Financial Position - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2023 and were signed on its behalf by:





A K Bansal - Director


Houzecheck Limited (Registered number: 11223619)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Houzecheck 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.

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

Intangible assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 15 ) .

Houzecheck Limited (Registered number: 11223619)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022 267,756
Additions 4,696
At 28 February 2023 272,452
AMORTISATION
At 1 March 2022 38,364
Charge for year 38,661
At 28 February 2023 77,025
NET BOOK VALUE
At 28 February 2023 195,427
At 28 February 2022 229,392

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 363 27,625 27,988
Additions - 20,071 20,071
At 28 February 2023 363 47,696 48,059
DEPRECIATION
At 1 March 2022 136 13,741 13,877
Charge for year 136 13,587 13,723
At 28 February 2023 272 27,328 27,600
NET BOOK VALUE
At 28 February 2023 91 20,368 20,459
At 28 February 2022 227 13,884 14,111

Houzecheck Limited (Registered number: 11223619)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,311 2,944
Other debtors 79,646 30,690
81,957 33,634

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 101,536 74,072
Trade creditors 124,622 130,925
Taxation and social security 334,055 219,800
Other creditors 3,414 2,292
563,627 427,089

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 281,852 309,261
Other creditors 112,989 -
394,841 309,261

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,185,188 Ordinary £0.00 1 1,185 1,185

10. ULTIMATE CONTROLLING PARTY

Company is under the control of director A Bansal by virtue of his shareholding.