2022-04-012023-03-312023-03-31false09353916HOMELESS HOUSING (PRESTON) LTD2023-12-22iso4217:GBPxbrli:pure093539162022-04-01093539162023-03-31093539162022-04-012023-03-31093539162021-04-01093539162022-03-31093539162021-04-012022-03-3109353916bus:SmallEntities2022-04-012023-03-3109353916bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3109353916bus:FullAccounts2022-04-012023-03-3109353916bus:PrivateLimitedCompanyLtd2022-04-012023-03-3109353916core:WithinOneYear2023-03-3109353916core:AfterOneYear2023-03-3109353916core:WithinOneYear2022-03-3109353916core:AfterOneYear2022-03-3109353916core:ShareCapital2023-03-3109353916core:SharePremium2023-03-3109353916core:RevaluationReserve2023-03-3109353916core:OtherReservesSubtotal2023-03-3109353916core:RetainedEarningsAccumulatedLosses2023-03-3109353916core:ShareCapital2022-03-3109353916core:SharePremium2022-03-3109353916core:RevaluationReserve2022-03-3109353916core:OtherReservesSubtotal2022-03-3109353916core:RetainedEarningsAccumulatedLosses2022-03-3109353916core:LandBuildings2023-03-3109353916core:PlantMachinery2023-03-3109353916core:Vehicles2023-03-3109353916core:FurnitureFittings2023-03-3109353916core:OfficeEquipment2023-03-3109353916core:NetGoodwill2023-03-3109353916core:IntangibleAssetsOtherThanGoodwill2023-03-3109353916core:ListedExchangeTraded2023-03-3109353916core:UnlistedNon-exchangeTraded2023-03-3109353916core:LandBuildings2022-03-3109353916core:PlantMachinery2022-03-3109353916core:Vehicles2022-03-3109353916core:FurnitureFittings2022-03-3109353916core:OfficeEquipment2022-03-3109353916core:NetGoodwill2022-03-3109353916core:IntangibleAssetsOtherThanGoodwill2022-03-3109353916core:ListedExchangeTraded2022-03-3109353916core:UnlistedNon-exchangeTraded2022-03-3109353916core:LandBuildings2022-04-012023-03-3109353916core:PlantMachinery2022-04-012023-03-3109353916core:Vehicles2022-04-012023-03-3109353916core:FurnitureFittings2022-04-012023-03-3109353916core:OfficeEquipment2022-04-012023-03-3109353916core:NetGoodwill2022-04-012023-03-3109353916core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109353916core:ListedExchangeTraded2022-04-012023-03-3109353916core:UnlistedNon-exchangeTraded2022-04-012023-03-3109353916core:MoreThanFiveYears2022-04-012023-03-3109353916core:Non-currentFinancialInstruments2023-03-3109353916core:Non-currentFinancialInstruments2022-03-3109353916dpl:CostSales2022-04-012023-03-3109353916dpl:DistributionCosts2022-04-012023-03-3109353916core:LandBuildings2022-04-012023-03-3109353916core:PlantMachinery2022-04-012023-03-3109353916core:Vehicles2022-04-012023-03-3109353916core:FurnitureFittings2022-04-012023-03-3109353916core:OfficeEquipment2022-04-012023-03-3109353916dpl:AdministrativeExpenses2022-04-012023-03-3109353916core:NetGoodwill2022-04-012023-03-3109353916core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109353916dpl:GroupUndertakings2022-04-012023-03-3109353916dpl:ParticipatingInterests2022-04-012023-03-3109353916dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3109353916core:ListedExchangeTraded2022-04-012023-03-3109353916dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3109353916core:UnlistedNon-exchangeTraded2022-04-012023-03-3109353916dpl:CostSales2021-04-012022-03-3109353916dpl:DistributionCosts2021-04-012022-03-3109353916core:LandBuildings2021-04-012022-03-3109353916core:PlantMachinery2021-04-012022-03-3109353916core:Vehicles2021-04-012022-03-3109353916core:FurnitureFittings2021-04-012022-03-3109353916core:OfficeEquipment2021-04-012022-03-3109353916dpl:AdministrativeExpenses2021-04-012022-03-3109353916core:NetGoodwill2021-04-012022-03-3109353916core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3109353916dpl:GroupUndertakings2021-04-012022-03-3109353916dpl:ParticipatingInterests2021-04-012022-03-3109353916dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3109353916core:ListedExchangeTraded2021-04-012022-03-3109353916dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3109353916core:UnlistedNon-exchangeTraded2021-04-012022-03-3109353916core:NetGoodwill2023-03-3109353916core:IntangibleAssetsOtherThanGoodwill2023-03-3109353916core:LandBuildings2023-03-3109353916core:PlantMachinery2023-03-3109353916core:Vehicles2023-03-3109353916core:FurnitureFittings2023-03-3109353916core:OfficeEquipment2023-03-3109353916core:AfterOneYear2023-03-3109353916core:WithinOneYear2023-03-3109353916core:ListedExchangeTraded2023-03-3109353916core:UnlistedNon-exchangeTraded2023-03-3109353916core:ShareCapital2023-03-3109353916core:SharePremium2023-03-3109353916core:RevaluationReserve2023-03-3109353916core:OtherReservesSubtotal2023-03-3109353916core:RetainedEarningsAccumulatedLosses2023-03-3109353916core:NetGoodwill2022-03-3109353916core:IntangibleAssetsOtherThanGoodwill2022-03-3109353916core:LandBuildings2022-03-3109353916core:PlantMachinery2022-03-3109353916core:Vehicles2022-03-3109353916core:FurnitureFittings2022-03-3109353916core:OfficeEquipment2022-03-3109353916core:AfterOneYear2022-03-3109353916core:WithinOneYear2022-03-3109353916core:ListedExchange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HOMELESS HOUSING (PRESTON) LTD

Registered Number
09353916
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

HOMELESS HOUSING (PRESTON) LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

REDDY, Dwarampudi Rama Krishna

Company Secretary

REDDY, Dwarampudi Rama Krishna

Registered Address

10 Browning Road
Preston
PR1 5SH

Registered Number

09353916 (England and Wales)
HOMELESS HOUSING (PRESTON) LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors738,47324,665
Cash at bank and on hand9808,807
39,45333,472
Creditors amounts falling due within one year8(16,555)(7,870)
Net current assets (liabilities)22,89825,602
Total assets less current liabilities22,89825,602
Creditors amounts falling due after one year9(12,048)(17,406)
Net assets10,8508,196
Capital and reserves
Called up share capital11
Profit and loss account10,8498,195
Shareholders' funds10,8508,196
The financial statements were approved and authorised for issue by the Director on 22 December 2023, and are signed on its behalf by:
REDDY, Dwarampudi Rama Krishna
Director
Registered Company No. 09353916
HOMELESS HOUSING (PRESTON) LTD
Notes to the Financial Statements
for the year ended 31 March 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.Principal activities
The company's principal activity during the year continued to be receiving of rental income from providing accommodation for homeless people.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
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.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year33
7.Debtors

2023

2022

££
Trade debtors / trade receivables29,77613,250
Other debtors8,69711,415
Total38,47324,665
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.
8.Creditors within one year

2023

2022

££
Bank borrowings and overdrafts5,2805,115
Taxation and social security1,6302,206
Other creditors4,090538
Accrued liabilities and deferred income5,55511
Total16,5557,870
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.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts12,04817,406
Total12,04817,406
10.Provisions for liabilities
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.