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Registered number: 10141249

Honest Property Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Honest Property Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
DIRECTORS
Christopher Buller
Joanna Buller
REGISTERED OFFICE
Gable End
Park Road
Winchester
Hampshire
SO23 7BE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10141249
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Honest Property Ltd

ACCOUNTS
FOR THEYEARENDED30 SEPTEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report3
Profit And Loss Account4
Balance Sheet5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account6
Profit And Loss Account Summaries7

Honest Property Ltd

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS
OF HONEST PROPERTY LTD, FOR THE YEAR ENDED 30 SEPTEMBER 2023
In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Honest Property Ltd for the year ended 30 September 2023 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member of the ACCA, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Honest Property Ltd, as a body, in accordance with the terms of our engagement letter dated 3 November 2021. Our work has been undertaken solely to prepare for your approval the accounts of Honest Property Ltd and state those matters that we have agreed to state to the Board of Directors of Honest Property Ltd, as a body, in this report, in accordance with the requirements of the ACCA as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Honest Property Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Honest Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Honest Property Ltd. You consider that Honest Property Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Honest Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Honest Property Ltd

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
20232022
££
Turnover30,28035,675
Cost of raw materials and consumables(5,967)(11,006)
Depreciation and other amounts written off assets(89)-
Other charges(23,215)(17,073)
Profit1,0097,596

Honest Property Ltd

Registered Number: 10141249
BALANCE SHEET AT 30 September 2023
20232022
££
Fixed assets469,808469,306
Current assets4,1066,208
Creditors: amounts falling due within one year(462,042)(464,652)
Net Current Liabilities(457,936)(458,444)
Total assets less current liabilities11,87210,862
Creditors: amounts falling due after more than one year55,90455,904
Accruals and deferred income1,1281,128
Net Liabilities(45,160)(46,170)
Capital and reserves(45,160)(46,170)
Average Number of Employees
During the year the average number of employees was 2.
Company information
Private company limited by shares registered in EW - England and Wales, registered number 10141249. Registered office Gable End, Park Road, Winchester, Hampshire, SO23 7BE
For the year ending 30 September 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the micro-entities regime.
These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 25 March 2024 and signed on their behalf by
.............................
Christopher Buller
Director

Honest Property Ltd

TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
20232022
££
Turnover30,28035,675
Cost of Sales:
Purchases5,96711,006
5,96711,006
5,96711,006
Gross Profit24,31324,669
24,31324,669
Less:
Distribution costs435490
Administrative expenses10,3114,037
Interest payable and similar charges12,55812,546
23,30417,073
Net profit for the year before taxation1,0097,596
Net profit for the year after taxation1,0097,596
Retained losses brought forward(46,269)(53,866)
Retained losses carried forward(45,260)(46,270)
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.

Honest Property Ltd

PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 30 SEPTEMBER 2023
20232022
££
Cost of sales - purchases:
Cleaning-964
Management Fees3,4873,861
Ground Rent1,9751,325
Utilities5054,856
5,96711,006
Distribution Costs:
Advertising and sales promotion-66
Travel435424
435490
Interest payable and similar charges:
Mortgage interest12,55812,546
12,55812,546
Administrative Expenses:
Insurance265297
Repairs and renewals7,886427
Use of residence120-
Motor expenses 629240
Accountancy fees1,1281,171
Professional fees(46)(40)
Bank charges140140
Sundry expenses1001,802
Depreciation and Amortisation:
Depreciation of fixtures and fittings89-
10,3114,037
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.