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REGISTERED NUMBER: 06311058 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31st December 2022

for

Biophillic Homes Ltd

Biophillic Homes Ltd (Registered number: 06311058)






Contents of the Financial Statements
for the Year Ended 31st December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Biophillic Homes Ltd

Company Information
for the Year Ended 31st December 2022







DIRECTOR: C J Hunt



REGISTERED OFFICE: Ansty House
Henfield Road
Small Dole
Henfield
West Sussex
BN5 9XH



REGISTERED NUMBER: 06311058 (England and Wales)



ACCOUNTANTS: Sigma Partners
Delmon House
36-38 Church Road
Burgess Hill
West Sussex
RH15 9AE



BANKERS: Barclays Bank Plc
North Street
Brighton
East Sussex

Biophillic Homes Ltd (Registered number: 06311058)

Balance Sheet
31st December 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Stocks 1,070,041 891,009
Debtors 4 7,957 5,574
Cash at bank 2,931 38,060
1,080,929 934,643
CREDITORS
Amounts falling due within one year 5 839,185 693,428
NET CURRENT ASSETS 241,744 241,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

241,744

241,215

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 241,544 241,015
SHAREHOLDERS' FUNDS 241,744 241,215

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Biophillic Homes Ltd (Registered number: 06311058)

Balance Sheet - continued
31st December 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th November 2023 and were signed by:





C J Hunt - Director


Biophillic Homes Ltd (Registered number: 06311058)

Notes to the Financial Statements
for the Year Ended 31st December 2022

1. STATUTORY INFORMATION

Biophillic Homes Ltd 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Biophillic Homes Ltd (Registered number: 06311058)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2022

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 838 -
Other debtors 7,119 5,574
7,957 5,574

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 17,039 10,527
Taxation and social security 844 14,652
Other creditors 821,302 668,249
839,185 693,428

6. RELATED PARTY DISCLOSURES

The company owed £57,822 to Mr C J Hunt, the director and sole shareholder, at the balance sheet date.

The company owes £745,479 to a trust where the director Mr C J Hunt is a beneficiary.