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REGISTERED NUMBER: 11002219 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2022

for

Address Homes Ltd

Address Homes Ltd (Registered number: 11002219)






Contents of the Financial Statements
for the year ended 31 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Address Homes Ltd

Company Information
for the year ended 31 October 2022







DIRECTOR: L A Ellis





REGISTERED OFFICE: Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ





REGISTERED NUMBER: 11002219 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ

Address Homes Ltd (Registered number: 11002219)

Balance Sheet
31 October 2022

2022 2021
Notes £ £
FIXED ASSETS
Tangible assets 4 41,882 -

CURRENT ASSETS
Stocks 910,774 820,043
Debtors 5 94,111 57,523
Cash at bank 40,564 5,473
1,045,449 883,039
CREDITORS
Amounts falling due within one year 6 (785,611 ) (817,152 )
NET CURRENT ASSETS 259,838 65,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

301,720

65,887

CREDITORS
Amounts falling due after more than one year 7 (192,060 ) (152,146 )
NET ASSETS/(LIABILITIES) 109,660 (86,259 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,560 (86,359 )
SHAREHOLDERS' FUNDS 109,660 (86,259 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 29 February 2024 and were signed by:





L A Ellis - Director


Address Homes Ltd (Registered number: 11002219)

Notes to the Financial Statements
for the year ended 31 October 2022

1. STATUTORY INFORMATION

Address 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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 is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Address Homes Ltd (Registered number: 11002219)

Notes to the Financial Statements - continued
for the year ended 31 October 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£
COST
Additions 49,273
At 31 October 2022 49,273
DEPRECIATION
Charge for year 7,391
At 31 October 2022 7,391
NET BOOK VALUE
At 31 October 2022 41,882

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other debtors 94,111 57,523

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Bank loans and overdrafts 2,902 9,177
Hire purchase contracts 8,368 -
Trade creditors 39,720 -
Taxation and social security 40,124 370
Other creditors 694,497 807,605
785,611 817,152

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£ £
Bank loans 45,619 41,346
Hire purchase contracts 28,591 -
Other creditors 117,850 110,800
192,060 152,146

8. OTHER FINANCIAL DISCLOSURE

The company's borrowings are secured by fixed and floating charges over the underlying property.