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REGISTERED NUMBER: 00470792 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

HOMESURE LIMITED

HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOMESURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: A J Sutch
S G Sutch
M J Sutch
Mrs D Sutch





SECRETARY: Mrs D Sutch





REGISTERED OFFICE: The Bower House
Pulley Lane
Droitwich
Worcestershire
WR9 7JL





REGISTERED NUMBER: 00470792 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 117 156
Investment property 5 1,195,000 1,120,000
1,195,117 1,120,156

CURRENT ASSETS
Debtors 6 16,192 19,243
Cash at bank 165,793 162,776
181,985 182,019
CREDITORS
Amounts falling due within one year 7 32,191 31,050
NET CURRENT ASSETS 149,794 150,969
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,344,911

1,271,125

CREDITORS
Amounts falling due after more than
one year

8

(23,285

)

(33,256

)

PROVISIONS FOR LIABILITIES (218,379 ) (199,629 )
NET ASSETS 1,103,247 1,038,240

HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

BALANCE SHEET - continued
30 JUNE 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Other reserves 839,967 783,717
Retained earnings 257,280 248,523
1,103,247 1,038,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 March 2024 and were signed on its behalf by:





M J Sutch - Director


HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Homesure Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover shown in the Income Statement represents rental income receivable, exclusive of Value Added Tax.

The Rental Income is recognised on a straight line basis over the term of the rental agreement. Where there is no rental agreement, income is recognised as it falls due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Investment property
Investment property is reviewed at each year end by the Directors. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 July 2022
and 30 June 2023 922
DEPRECIATION
At 1 July 2022 766
Charge for year 39
At 30 June 2023 805
NET BOOK VALUE
At 30 June 2023 117
At 30 June 2022 156

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 1,120,000
Revaluations 75,000
At 30 June 2023 1,195,000
NET BOOK VALUE
At 30 June 2023 1,195,000
At 30 June 2022 1,120,000

If the investment property had not been revalued, it would have been shown at historical cost of £136,654 (2022: £136,654).


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,192 19,243

HOMESURE LIMITED (REGISTERED NUMBER: 00470792)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,898 9,616
Corporation tax 8,619 7,888
Directors' loan accounts 3,681 3,121
Accrued expenses 9,993 10,425
32,191 31,050

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 23,285 33,256