2022-11-012023-10-312023-10-31false09831517WARMAHOME GROUP LTD2024-07-30iso4217:GBPxbrli:pure098315172022-11-01098315172023-10-31098315172022-11-012023-10-31098315172021-11-01098315172022-10-31098315172021-11-012022-10-3109831517bus:SmallEntities2022-11-012023-10-3109831517bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3109831517bus:FullAccounts2022-11-012023-10-3109831517bus:PrivateLimitedCompanyLtd2022-11-012023-10-3109831517core:WithinOneYear2023-10-3109831517core:AfterOneYear2023-10-3109831517core:WithinOneYear2022-10-3109831517core:AfterOneYear2022-10-3109831517core:ShareCapital2023-10-3109831517core:SharePremium2023-10-3109831517core:RevaluationReserve2023-10-3109831517core:OtherReservesSubtotal2023-10-3109831517core:RetainedEarningsAccumulatedLosses2023-10-3109831517core:ShareCapital2022-10-3109831517core:SharePremium2022-10-3109831517core:RevaluationReserve2022-10-3109831517core:OtherReservesSubtotal2022-10-3109831517core:RetainedEarningsAccumulatedLosses2022-10-3109831517core:LandBuildings2023-10-3109831517core:PlantMachinery2023-10-3109831517core:Vehicles2023-10-3109831517core:FurnitureFittings2023-10-3109831517core:OfficeEquipment2023-10-3109831517core:NetGoodwill2023-10-3109831517core:IntangibleAssetsOtherThanGoodwill2023-10-3109831517core:ListedExchangeTraded2023-10-3109831517core:UnlistedNon-exchangeTraded2023-10-3109831517core:LandBuildings2022-10-3109831517core:PlantMachinery2022-10-3109831517core:Vehicles2022-10-3109831517core:FurnitureFittings2022-10-3109831517core:OfficeEquipment2022-10-3109831517core:NetGoodwill2022-10-3109831517core:IntangibleAssetsOtherThanGoodwill2022-10-3109831517core:ListedExchangeTraded2022-10-3109831517core:UnlistedNon-exchangeTraded2022-10-3109831517core:LandBuildings2022-11-012023-10-3109831517core:PlantMachinery2022-11-012023-10-3109831517core:Vehicles2022-11-012023-10-3109831517core:FurnitureFittings2022-11-012023-10-3109831517core:OfficeEquipment2022-11-012023-10-3109831517core:NetGoodwill2022-11-012023-10-3109831517core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109831517core:ListedExchangeTraded2022-11-012023-10-3109831517core:UnlistedNon-exchangeTraded2022-11-012023-10-3109831517core:MoreThanFiveYears2022-11-012023-10-3109831517core:Non-currentFinancialInstruments2023-10-3109831517core:Non-currentFinancialInstruments2022-10-3109831517dpl:CostSales2022-11-012023-10-3109831517dpl:DistributionCosts2022-11-012023-10-3109831517core:LandBuildings2022-11-012023-10-3109831517core:PlantMachinery2022-11-012023-10-3109831517core:Vehicles2022-11-012023-10-3109831517core:FurnitureFittings2022-11-012023-10-3109831517core:OfficeEquipment2022-11-012023-10-3109831517dpl:AdministrativeExpenses2022-11-012023-10-3109831517core:NetGoodwill2022-11-012023-10-3109831517core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3109831517dpl:GroupUndertakings2022-11-012023-10-3109831517dpl:ParticipatingInterests2022-11-012023-10-3109831517dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3109831517core:ListedExchangeTraded2022-11-012023-10-3109831517dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3109831517core:UnlistedNon-exchangeTraded2022-11-012023-10-3109831517dpl:CostSales2021-11-012022-10-3109831517dpl:DistributionCosts2021-11-012022-10-3109831517core:LandBuildings2021-11-012022-10-3109831517core:PlantMachinery2021-11-012022-10-3109831517core:Vehicles2021-11-012022-10-3109831517core:FurnitureFittings2021-11-012022-10-3109831517core:OfficeEquipment2021-11-012022-10-3109831517dpl:AdministrativeExpenses2021-11-012022-10-3109831517core:NetGoodwill2021-11-012022-10-3109831517core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3109831517dpl:GroupUndertakings2021-11-012022-10-3109831517dpl:ParticipatingInterests2021-11-012022-10-3109831517dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3109831517core:ListedExchangeTraded2021-11-012022-10-3109831517dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3109831517core:UnlistedNon-exchangeTraded2021-11-012022-10-3109831517core:NetGoodwill2023-10-3109831517core:IntangibleAssetsOtherThanGoodwill2023-10-3109831517core:LandBuildings2023-10-3109831517core:PlantMachinery2023-10-3109831517core:Vehicles2023-10-3109831517core:FurnitureFittings2023-10-3109831517core:OfficeEquipment2023-10-3109831517core:AfterOneYear2023-10-3109831517core:WithinOneYear2023-10-3109831517core:ListedExchangeTraded2023-10-3109831517core:UnlistedNon-exchangeTraded2023-10-3109831517core:ShareCapital2023-10-3109831517core:SharePremium2023-10-3109831517core:RevaluationReserve2023-10-3109831517core:OtherReservesSubtotal2023-10-3109831517core:RetainedEarningsAccumulatedLosses2023-10-3109831517core:NetGoodwill2022-10-3109831517core:IntangibleAssetsOtherThanGoodwill2022-10-3109831517core:LandBuildings2022-10-3109831517core:PlantMachinery2022-10-3109831517core:Vehicles2022-10-3109831517core:FurnitureFittings2022-10-3109831517core:OfficeEquipment2022-10-3109831517core:AfterOneYear2022-10-3109831517core:WithinOneYear2022-10-3109831517core:ListedExchange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WARMAHOME GROUP LTD

Registered Number
09831517
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

WARMAHOME GROUP LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

YUSSUF, Lateef

Registered Address

Unit 121 Rye House, 161 High Street, High Street
Ruislip
HA4 8JY

Registered Number

09831517 (England and Wales)
WARMAHOME GROUP LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets312,86527,586
12,86527,586
Current assets
Debtors410,434-
Cash at bank and on hand27803
10,461803
Creditors amounts falling due within one year5(45,908)(46,678)
Net current assets (liabilities)(35,447)(45,875)
Total assets less current liabilities(22,582)(18,289)
Creditors amounts falling due after one year6(19,975)(47,456)
Provisions for liabilities8(3,216)-
Net assets(45,773)(65,745)
Capital and reserves
Called up share capital5151
Profit and loss account(45,824)(65,796)
Shareholders' funds(45,773)(65,745)
The financial statements were approved and authorised for issue by the Director on 30 July 2024, and are signed on its behalf by:
YUSSUF, Lateef
Director
Registered Company No. 09831517
WARMAHOME GROUP LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Vehicles

Total

££
Cost or valuation
At 01 November 2272,09872,098
Disposals(32,082)(32,082)
At 31 October 2340,01640,016
Depreciation and impairment
At 01 November 2244,51244,512
Charge for year6,8976,897
On disposals(24,258)(24,258)
At 31 October 2327,15127,151
Net book value
At 31 October 2312,86512,865
At 31 October 2227,58627,586
Included above are vehicles purchased on hire purchase with the net book value of £8,565 (2022 : £21,853) and the depreciation charged for the year on the leased assets is £3,290 (2022 : £9,155).
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables2,030-
Other debtors8,404-
Total10,434-
5.Creditors: amounts due within one year

2023

2022

££
Bank borrowings and overdrafts20,56722,733
Taxation and social security14,334788
Finance lease and HP contracts4,7779,121
Other creditors3,88512,535
Accrued liabilities and deferred income2,3451,501
Total45,90846,678
Included in other creditors is an amount of £1,926 (2022 : £12,535) due to the director.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts18,48729,143
Other creditors1,48818,313
Total19,97547,456
Included in bank borrowings are Bounceback and other bank loan of £27,240 (2022 : £37,896).
7.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts1,48818,312
Included in HP less than one year and more than one are obligations under finance lease of £6,265 (2022 : £9,121) secured on related assets.
8.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)3,216-
Total3,216-