2022-09-012023-08-312023-08-31false08174355HOMER-FORBES INTERNATIONAL LIMITED2023-10-1075000iso4217:GBPxbrli:pure081743552022-09-01081743552023-08-31081743552022-09-012023-08-31081743552021-09-01081743552022-08-31081743552021-09-012022-08-3108174355bus:SmallEntities2022-09-012023-08-3108174355bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3108174355bus:FullAccounts2022-09-012023-08-3108174355bus:PrivateLimitedCompanyLtd2022-09-012023-08-3108174355core:WithinOneYear2023-08-3108174355core:AfterOneYear2023-08-3108174355core:WithinOneYear2022-08-3108174355core:AfterOneYear2022-08-3108174355core:ShareCapital2023-08-3108174355core:SharePremium2023-08-3108174355core:RevaluationReserve2023-08-3108174355core:OtherReservesSubtotal2023-08-3108174355core:RetainedEarningsAccumulatedLosses2023-08-3108174355core:ShareCapital2022-08-3108174355core:SharePremium2022-08-3108174355core:RevaluationReserve2022-08-3108174355core:OtherReservesSubtotal2022-08-3108174355core:RetainedEarningsAccumulatedLosses2022-08-3108174355core:LandBuildings2023-08-3108174355core:PlantMachinery2023-08-3108174355core:Vehicles2023-08-3108174355core:FurnitureFittings2023-08-3108174355core:OfficeEquipment2023-08-3108174355core:NetGoodwill2023-08-3108174355core:IntangibleAssetsOtherThanGoodwill2023-08-3108174355core:ListedExchangeTraded2023-08-3108174355core:UnlistedNon-exchangeTraded2023-08-3108174355core:LandBuildings2022-08-3108174355core:PlantMachinery2022-08-3108174355core:Vehicles2022-08-3108174355core:FurnitureFittings2022-08-3108174355core:OfficeEquipment2022-08-3108174355core:NetGoodwill2022-08-3108174355core:IntangibleAssetsOtherThanGoodwill2022-08-3108174355core:ListedExchangeTraded2022-08-3108174355core:UnlistedNon-exchangeTraded2022-08-3108174355core:LandBuildings2022-09-012023-08-3108174355core:PlantMachinery2022-09-012023-08-3108174355core:Vehicles2022-09-012023-08-3108174355core:FurnitureFittings2022-09-012023-08-3108174355core:OfficeEquipment2022-09-012023-08-3108174355core:NetGoodwill2022-09-012023-08-3108174355core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3108174355core:ListedExchangeTraded2022-09-012023-08-3108174355core:UnlistedNon-exchangeTraded2022-09-012023-08-3108174355core:MoreThanFiveYears2022-09-012023-08-3108174355core:Non-currentFinancialInstruments2023-08-3108174355core:Non-currentFinancialInstruments2022-08-3108174355dpl:CostSales2022-09-012023-08-3108174355dpl:DistributionCosts2022-09-012023-08-3108174355core:LandBuildings2022-09-012023-08-3108174355core:PlantMachinery2022-09-012023-08-3108174355core:Vehicles2022-09-012023-08-3108174355core:FurnitureFittings2022-09-012023-08-3108174355core:OfficeEquipment2022-09-012023-08-3108174355dpl:AdministrativeExpenses2022-09-012023-08-3108174355core:NetGoodwill2022-09-012023-08-3108174355core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3108174355dpl:GroupUndertakings2022-09-012023-08-3108174355dpl:ParticipatingInterests2022-09-012023-08-3108174355dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3108174355core:ListedExchangeTraded2022-09-012023-08-3108174355dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3108174355core:UnlistedNon-exchangeTraded2022-09-012023-08-3108174355dpl:CostSales2021-09-012022-08-3108174355dpl:DistributionCosts2021-09-012022-08-3108174355core:LandBuildings2021-09-012022-08-3108174355core:PlantMachinery2021-09-012022-08-3108174355core:Vehicles2021-09-012022-08-3108174355core:FurnitureFittings2021-09-012022-08-3108174355core:OfficeEquipment2021-09-012022-08-3108174355dpl:AdministrativeExpenses2021-09-012022-08-3108174355core:NetGoodwill2021-09-012022-08-3108174355core:IntangibleAssetsOtherThanGoodwill2021-09-012022-08-3108174355dpl:GroupUndertakings2021-09-012022-08-3108174355dpl:ParticipatingInterests2021-09-012022-08-3108174355dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-012022-08-3108174355core:ListedExchangeTraded2021-09-012022-08-3108174355dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-012022-08-3108174355core:UnlistedNon-exchangeTraded2021-09-012022-08-3108174355core:NetGoodwill2023-08-3108174355core:IntangibleAssetsOtherThanGoodwill2023-08-3108174355core:LandBuildings2023-08-3108174355core:PlantMachinery2023-08-3108174355core:Vehicles2023-08-3108174355core:FurnitureFittings2023-08-3108174355core:OfficeEquipment2023-08-3108174355core:AfterOneYear2023-08-3108174355core:WithinOneYear2023-08-3108174355core:ListedExchangeTraded2023-08-3108174355core:UnlistedNon-exchangeTraded2023-08-3108174355core:ShareCapital2023-08-3108174355core:SharePremium2023-08-3108174355core:RevaluationReserve2023-08-3108174355core:OtherReservesSubtotal2023-08-3108174355core:RetainedEarningsAccumulatedLosses2023-08-3108174355core:NetGoodwill2022-08-3108174355core:IntangibleAssetsOtherThanGoodwill2022-08-3108174355core:LandBuildings2022-08-3108174355core:PlantMachinery2022-08-3108174355core:Vehicles2022-08-3108174355core:FurnitureFittings2022-08-3108174355core:OfficeEquipment2022-08-3108174355core:AfterOneYear2022-08-3108174355core:WithinOneYear2022-08-3108174355core:ListedExchangeTraded2022-08-3108174355core:UnlistedNon-exchangeTraded2022-08-3108174355core:ShareCapital2022-08-3108174355core:SharePremium2022-08-3108174355core:RevaluationReserve2022-08-3108174355core:OtherReservesSubtotal2022-08-3108174355core:RetainedEarningsAccumulatedLosses2022-08-3108174355core:NetGoodwill2021-09-0108174355core:IntangibleAssetsOtherThanGoodwill2021-09-0108174355core:LandBuildings2021-09-0108174355core:PlantMachinery2021-09-0108174355core:Vehicles2021-09-0108174355core:FurnitureFittings2021-09-0108174355core:OfficeEquipment2021-09-0108174355core:AfterOneYear2021-09-0108174355core:WithinOneYear2021-09-0108174355core:ListedExchangeTraded2021-09-0108174355core:UnlistedNon-exchangeTraded2021-09-0108174355core:ShareCapital2021-09-0108174355core:SharePremium2021-09-0108174355core:RevaluationReserve2021-09-0108174355core:OtherReservesSubtotal2021-09-0108174355core:RetainedEarningsAccumulatedLosses2021-09-0108174355core:AfterOneYear2022-09-012023-08-3108174355core:WithinOneYear2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:CostValuation2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3108174355core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3108174355core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3108174355core:Non-currentFinancialInstrumentscore:CostValuation2022-08-3108174355core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-3108174355core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-3108174355bus:Director12022-09-012023-08-3108174355bus:Director22022-09-012023-08-31

HOMER-FORBES INTERNATIONAL LIMITED

Registered Number
08174355
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

HOMER-FORBES INTERNATIONAL LIMITED
Company Information
for the year from 1 September 2022 to 31 August 2023

Directors

HOMER-FORBES, Karen Michelle
HOMER-FORBES, Neil Alexander

Registered Address

Larwood
Paget Terrace
Penarth
CF64 1DR

Registered Number

08174355 (England and Wales)
HOMER-FORBES INTERNATIONAL LIMITED
Statement of Financial Position
31 August 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52,465-
2,465-
Current assets
Debtors64,6621,328
Cash at bank and on hand10,38448,375
15,04649,703
Creditors amounts falling due within one year7(1,627)(5,288)
Net current assets (liabilities)13,41944,415
Total assets less current liabilities15,88444,415
Net assets15,88444,415
Capital and reserves
Called up share capital22
Profit and loss account15,88244,413
Shareholders' funds15,88444,415
The financial statements were approved and authorised for issue by the Board of Directors on 10 October 2023, and are signed on its behalf by:
HOMER-FORBES, Karen Michelle
Director
HOMER-FORBES, Neil Alexander
Director

Registered Company No. 08174355
HOMER-FORBES INTERNATIONAL LIMITED
Notes to the Financial Statements
for the year ended 31 August 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 September 222,0392,039
Additions3,4123,412
Disposals(2,039)(2,039)
At 31 August 233,4123,412
Depreciation and impairment
At 01 September 222,0392,039
Charge for year947947
On disposals(2,039)(2,039)
At 31 August 23947947
Net book value
At 31 August 232,4652,465
At 31 August 22--
6.Debtors

2023

2022

££
Other debtors2,560-
Prepayments and accrued income2,1021,328
Total4,6621,328
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Taxation and social security-3,322
Other creditors1,627593
Accrued liabilities and deferred income-1,373
Total1,6275,288
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.