11. HOUSE LIMITED

Company Registration Number:
SC731978 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 10 May 2022

End date: 31 May 2023

11. HOUSE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

11. HOUSE LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Olga Foertsch
Registered office: 64b/6
Restalrig Road South
Edinburgh
EH7 6LE
Company Registration Number: SC731978 (Scotland)

11. HOUSE LIMITED

Directors' Report Period Ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Principal Activities

The company's principal activities in the year under review were those of e-commerce and IT consultancy.

Directors

The director(s) shown below were appointed to the company during the period
Olga Foertsch
10 May 2022

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: Olga Foertsch
Status: Director

11. HOUSE LIMITED

Balance sheet

As at 31 May 2023


Notes
13 months to
31 May 2023
£
Fixed assets
Tangible assets: 4 4,822
Total fixed assets: 4,822
Current assets
Stocks: 8,291
Debtors: 0
Cash at bank and in hand: 3,062
Total current assets: 11,353
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 13,350 )
Net current assets (liabilities): ( 1,997 )
Total assets less current liabilities: 2,825
Creditors: amounts falling due after more than one year: ( 0 )
Provision for liabilities: ( 442 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 2,383

The notes form part of these financial statements

11. HOUSE LIMITED

Balance sheet continued

As at 31 May 2023


Notes
13 months to
31 May 2023
£
Capital and reserves
Called up share capital: 10
Revaluation reserve: 5 3,356
Profit and loss account: ( 983 )
Shareholders funds: 2,383

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 February 2024
And Signed On Behalf Of The Board By:

Name: Olga Foertsch
Status: Director

The notes form part of these financial statements

11. HOUSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Deprecation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and equipment: 20% on cost

11. HOUSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to
    31 May 2023
    Average number of employees during the period 0

11. HOUSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

11. HOUSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
Additions 6,103
Disposals -
Revaluations -
Transfers -
At 31 May 2023 6,103
Depreciation
Charge for year 1,281
On disposals -
Other adjustments -
At 31 May 2023 1,281
Net book value
At 31 May 2023 4,822

11. HOUSE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Revaluation reserve

13 months to
31 May 2023
£
Surplus or deficit after revaluation 3,356
Balance at 31 May 2023 3,356

The figure reflects the deferred income to balance the accounts. The entry was made into the field "Revaluation reserve" as no other option for was available.