Company Registration No. 10326839 (England and Wales)
Impeccable Home Investments Limited
Unaudited accounts
for the year ended 31 December 2023
Impeccable Home Investments Limited
Unaudited accounts
Contents
Impeccable Home Investments Limited
Company Information
for the year ended 31 December 2023
Director
Nigel Ian Pilling
Company Number
10326839 (England and Wales)
Registered Office
First Floor
85 Great Portland Street
London
W1W 7LT
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Impeccable Home Investments Limited
Accountants' report
Accountants' report to the director of Impeccable Home Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Impeccable Home Investments Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Impeccable Home Investments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Impeccable Home Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Impeccable Home Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Impeccable Home Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Impeccable Home Investments Limited. You consider that Impeccable Home Investments Limited 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 Impeccable Home Investments Limited. 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.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
25 March 2024
Impeccable Home Investments Limited
Statement of financial position
as at 31 December 2023
Investment property
685,047
685,047
Cash at bank and in hand
14,770
8,305
Creditors: amounts falling due within one year
(322,495)
(325,721)
Net current liabilities
(307,725)
(317,416)
Total assets less current liabilities
377,322
367,631
Creditors: amounts falling due after more than one year
(261,406)
(265,774)
Net assets
115,916
101,857
Called up share capital
100
100
Revaluation reserve
122,297
122,297
Profit and loss account
(6,481)
(20,540)
Shareholders' funds
115,916
101,857
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2024 and were signed on its behalf by
Nigel Ian Pilling
Director
Company Registration No. 10326839
Impeccable Home Investments Limited
Notes to the Accounts
for the year ended 31 December 2023
Impeccable Home Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10326839. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
12,569
1,684
14,253
At 31 December 2023
12,569
1,684
14,253
At 1 January 2023
12,569
1,684
14,253
At 31 December 2023
12,569
1,684
14,253
Fair value at 1 January 2023
685,047
At 31 December 2023
685,047
Impeccable Home Investments Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,461
-
Loans from directors
320,034
325,721
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
158,165
160,983
Other creditors
103,241
104,791
8
Transactions with related parties
At the year end private investors were owed £103,241 (2022 - £104,791). Interest of £6,200 (2022 - £9,900) has been charged.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).