Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 true 1 January 2023 31 December 2023 31 December 2023 13075825 Miss Chloe Robert Mr Romain Robert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13075825 2022-12-31 13075825 2023-12-31 13075825 2023-01-01 2023-12-31 13075825 frs-core:CurrentFinancialInstruments 2023-12-31 13075825 frs-core:Non-currentFinancialInstruments 2023-12-31 13075825 frs-core:ShareCapital 2023-12-31 13075825 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 13075825 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13075825 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13075825 frs-bus:FullAccounts 2023-01-01 2023-12-31 13075825 frs-bus:SmallEntities 2023-01-01 2023-12-31 13075825 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13075825 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13075825 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-01-01 2023-12-31 13075825 frs-bus:Director1 2023-01-01 2023-12-31 13075825 frs-bus:Director2 2023-01-01 2023-12-31 13075825 3 2023-01-01 2023-12-31 13075825 frs-countries:EnglandWales 2023-01-01 2023-12-31 13075825 2021-12-31 13075825 2022-12-31 13075825 2022-01-01 2022-12-31 13075825 frs-core:CurrentFinancialInstruments 2022-12-31 13075825 frs-core:Non-currentFinancialInstruments 2022-12-31 13075825 frs-core:ShareCapital 2021-12-31 13075825 frs-core:ShareCapital 2022-12-31 13075825 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 13075825 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 13075825 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13075825 3 2022-01-01 2022-12-31
Registered number: 13075825
Warm Homes (East Anglia) Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income Statement 4
Statement of Financial Position 5—6
Statement of Changes in Equity 7
Notes to the Financial Statements 8—9
Page 1
Company Information
Directors Miss Chloe Robert
Mr Romain Robert
Company Number 13075825
Registered Office Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Accountants Clarke Accountancy Ltd
Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2023.
Principal Activity
The company's principal activity continues to be that of property rentals and property surveying.
Directors
The directors who held office during the year were as follows:
Miss Chloe Robert
Mr Romain Robert
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Miss Chloe Robert
Director
28/08/2024
Page 2
Page 3
Accountant's Report
Report of the Accountant to the directors of Warm Homes (East Anglia) Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Statement of Financial Position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
Mr Edward Clarke, BSc (Hons), MAAT
28/08/2024
Clarke Accountancy Ltd
Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 3
Page 4
Income Statement
2023 2022
Notes £ £
TURNOVER 14,985 13,863
GROSS PROFIT 14,985 13,863
Administrative expenses (5,721 ) (4,139 )
Fair value gains on investment properties 42,473 -
OPERATING PROFIT 51,737 9,724
Interest payable and similar charges (3,132 ) (3,132 )
PROFIT BEFORE TAXATION 48,605 6,592
Tax on Profit (8,985 ) (1,028 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 39,620 5,564
The notes on pages 8 to 9 form part of these financial statements.
Page 4
Page 5
Statement of Financial Position
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 160,000 116,495
160,000 116,495
CURRENT ASSETS
Debtors 5 3,274 218
Cash at bank and in hand 3,488 6,902
6,762 7,120
Creditors: Amounts Falling Due Within One Year 6 (30,853 ) (35,396 )
NET CURRENT ASSETS (LIABILITIES) (24,091 ) (28,276 )
TOTAL ASSETS LESS CURRENT LIABILITIES 135,909 88,219
Creditors: Amounts Falling Due After More Than One Year 7 (83,737 ) (83,737 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,070 ) -
NET ASSETS 44,102 4,482
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 44,002 4,382
SHAREHOLDERS' FUNDS 44,102 4,482
Page 5
Page 6
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 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 small companies' regime.
On behalf of the board
Miss Chloe Robert
Director
28/08/2024
The notes on pages 8 to 9 form part of these financial statements.
Page 6
Page 7
Statement of Changes in Equity
Share Capital Income Statement Total
£ £ £
As at 1 January 2022 100 (1,182 ) (1,082)
Profit for the year and total comprehensive income - 5,564 5,564
As at 31 December 2022 and 1 January 2023 100 4,382 4,482
Profit for the year and total comprehensive income - 39,620 39,620
As at 31 December 2023 100 44,002 44,102
Page 7
Page 8
Notes to the Financial Statements
1. General Information
Warm Homes (East Anglia) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13075825 . The registered office is Dashwood House, 1 Tyrells Road, Great Yarmouth, Norfolk, NR31 0AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
Page 8
Page 9
4. Investment Property
2023
£
Fair Value
As at 1 January 2023 116,495
Additions 1,032
Fair value adjustments 42,473
As at 31 December 2023 160,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2023 2022
£ £
Cost 117,527 116,495
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,043 -
Prepayments and accrued income 231 218
3,274 218
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 293 293
Other loans 1,132 -
Corporation tax 915 1,028
Directors' loan accounts 28,513 34,075
30,853 35,396
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 83,737 83,737
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 9