Company registration number 11541840 (England and Wales)
DIFFERENT HOUSES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
DIFFERENT HOUSES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
2,557,760
2,615,179
Current assets
167,005
147,542
Creditors: amounts falling due within one year
(2,051,521)
(2,048,361)
Net current liabilities
(1,884,516)
(1,900,819)
Total assets less current liabilities
673,244
714,360
Creditors: amounts falling due after more than one year
(725,470)
(775,470)
Net liabilities
(52,226)
(61,110)
Capital and reserves
(52,226)
(61,110)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
2
Going concern
As at 31 March 2024, the company had net liabilities totalling £52,226 (2023: £61,110) and net current liabilities of £1,884,516 (2023 : £1,900,819).
Included within other creditors due within one year was an amount owing to the director of £1,836,467 (2023: £1,837,389). Whilst this loan from the director is interest free and repayable on demand, the director has confirmed that repayments will only be made from surplus operating working capital within the company.
The director confirms that during the period of at least 12 months from the date of signing the accounts, he will continue to ensure that the company has access to adequate operational finance. The accounts have therefore been prepared on a going concern basis.
3
Bank
The company acts as landlord for administering and managing service charges and related expenditure where funds are held on trust for leaseholders occupying its freehold property. Income and expenditure relating to the service charge accounts are excluded from these accounts.
Different Houses Limited is a private company limited by shares incorporated in England and Wales. The registered office is 64 Stormont Road, London, United Kingdom, SW11 5EL.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
DIFFERENT HOUSES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 25 July 2024
P Dutton
Director
Company registration number 11541840 (England and Wales)