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REGISTERED NUMBER: 01989363 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Home For Life (Housing) Limited

Home For Life (Housing) Limited (Registered number: 01989363)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Home For Life (Housing) Limited (Registered number: 01989363)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 2,890 3,853
Investments 5 8,615,100 9,075,730
Investment property 6 1,187,808 1,187,808
9,805,798 10,267,391

Current assets
Debtors 7 398,765 -
Cash at bank 866,777 1,997,782
1,265,542 1,997,782
Creditors
Amounts falling due within one year 8 9,156,440 10,306,036
Net current liabilities (7,890,898 ) (8,308,254 )
Total assets less current liabilities 1,914,900 1,959,137

Capital and reserves
Called up share capital 12,500 12,500
Retained earnings 1,902,400 1,946,637
Shareholders' funds 1,914,900 1,959,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Home For Life (Housing) Limited (Registered number: 01989363)

Balance Sheet - continued
30 June 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 1 September 2023 and were signed on its behalf by:





R A Green - Director


Home For Life (Housing) Limited (Registered number: 01989363)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. Statutory information

Home For Life (Housing) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01989363

Registered office: First Floor 7 Cadbury Close
1379 High Road
London
N20 9BD

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 represents rents receivable from investment properties held.

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 - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.



Investment property
Investment property is shown at cost with no depreciation charged.

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.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 3 ) .

Home For Life (Housing) Limited (Registered number: 01989363)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 July 2022
and 30 June 2023 26,459
Depreciation
At 1 July 2022 22,606
Charge for year 963
At 30 June 2023 23,569
Net book value
At 30 June 2023 2,890
At 30 June 2022 3,853

5. Fixed asset investments
Shares in
group Other
undertakings investments Totals
£    £    £   
Cost
At 1 July 2022 7,366,109 1,709,621 9,075,730
Disposals - (460,630 ) (460,630 )
At 30 June 2023 7,366,109 1,248,991 8,615,100
Net book value
At 30 June 2023 7,366,109 1,248,991 8,615,100
At 30 June 2022 7,366,109 1,709,621 9,075,730

Home For Life (Housing) Limited (Registered number: 01989363)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. Fixed asset investments - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Home for Life Limited
Registered office:
Nature of business: Management services
%
Class of shares: holding
Ordinary 100.00
2023 2022
£    £   
Aggregate capital and reserves 1,882,005 1,838,688
Profit/(loss) for the year 43,317 (1,088,818 )

6. Investment property
Total
£   
Fair value
At 1 July 2022
and 30 June 2023 1,187,808
Net book value
At 30 June 2023 1,187,808
At 30 June 2022 1,187,808

7. Debtors: amounts falling due within one year
2023 2022
£    £   
Amounts owed by group undertakings 398,765 -

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Amounts owed to group undertakings 2,659,272 6,994,007
Corporation tax - 21,273
Other creditors 397,415 3,300
Directors' loan accounts 6,099,753 3,287,456
9,156,440 10,306,036

Home For Life (Housing) Limited (Registered number: 01989363)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. 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.

10. Ultimate controlling party

The ultimate controlling parties are D A Green and V A Green, two of the directors, as each own 50% of the issued share capital of the company.