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REGISTERED NUMBER: 11036402 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

HOME RESIDENTIAL LIMITED

HOME RESIDENTIAL LIMITED (REGISTERED NUMBER: 11036402)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOME RESIDENTIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: L J Loughran
E Loughran





REGISTERED OFFICE: 5 The Quadrant
Coventry
United Kingdom
CV1 2EL





REGISTERED NUMBER: 11036402 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

HOME RESIDENTIAL LIMITED (REGISTERED NUMBER: 11036402)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 16,849 16,652
Cash at bank 131 480
16,980 17,132
CREDITORS
Amounts falling due within one year 5 20,425 12,790
NET CURRENT (LIABILITIES)/ASSETS (3,445 ) 4,342
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,445

)

4,342

CREDITORS
Amounts falling due after more than one
year

6

9,500

15,500
NET LIABILITIES (12,945 ) (11,158 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (13,045 ) (11,258 )
(12,945 ) (11,158 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

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

HOME RESIDENTIAL LIMITED (REGISTERED NUMBER: 11036402)

BALANCE SHEET - continued
31 OCTOBER 2023


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 15 July 2024 and were signed on its behalf by:




L J Loughran - Director



E Loughran - Director


HOME RESIDENTIAL LIMITED (REGISTERED NUMBER: 11036402)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Home Residential 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 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.

At 31 October 2023 the company had net liabilities of £12,945 (2022 net liabilities £11,158). Based on
future forecasted profits and the continuing support of the shareholders, the directors are of the opinion the company is a going concern, therefore the accounts have been prepared on this basis.

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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 16,849 16,652

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors - 1,109
Amounts owed to group undertakings 13,225 4,481
Other creditors 1,200 1,200
20,425 12,790

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 9,500 15,500

HOME RESIDENTIAL LIMITED (REGISTERED NUMBER: 11036402)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
L J Loughran
Balance outstanding at start of year 16,652 22,951
Amounts advanced 12,275 19,396
Amounts repaid (12,078 ) (25,695 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,849 16,652

8. RELATED PARTY TRANSACTIONS

Home Recruitment Limited is a company under the control of both L Loughran and E Loughran, as at 31 October 2023 Home Residential Limited owed Home Recruitment Limited £13,225, (2022; £4,481).