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REGISTERED NUMBER: 09382867 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

AWESOME HOUSES LTD

AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AWESOME HOUSES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: S J Tasker





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
England
CB5 8BA





BUSINESS ADDRESS: 10 Millington Road
Cambridge
CB3 9HP





REGISTERED NUMBER: 09382867 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 5 100 100
Investment property 6 510,000 510,000
510,100 510,100

CURRENT ASSETS
Debtors 7 2,740 2,740
Cash at bank 327,389 398,736
330,129 401,476
CREDITORS
Amounts falling due within one year 8 (124,218 ) (203,426 )
NET CURRENT ASSETS 205,911 198,050
TOTAL ASSETS LESS CURRENT LIABILITIES 716,011 708,150

PROVISIONS FOR LIABILITIES (2,751 ) (2,751 )
NET ASSETS 713,260 705,399

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 13,755 13,755
Retained earnings 699,503 691,642
SHAREHOLDERS' FUNDS 713,260 705,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)

BALANCE SHEET - continued
31 JANUARY 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





S J Tasker - Director


AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Awesome Houses Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is derived from the provision of accomodation and represents rental income receivable.

Investment property
Investment property is measured at cost on initial recognition and then fair value at each reporting date. Fair value gains and losses are recognised in profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

Investment in joint ventures
Investment in joint ventures are held at cost less impairments to date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. FIXED ASSET INVESTMENTS
Interest
in joint
venture
£   
COST
At 1 February 2023
and 31 January 2024 100
NET BOOK VALUE
At 31 January 2024 100
At 31 January 2023 100

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 510,000
NET BOOK VALUE
At 31 January 2024 510,000
At 31 January 2023 510,000

There has been no significant change in fair value of investment property during the year following an assessment by the director.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by joint ventures 2,740 2,740

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 104,622 104,622
Other creditors 19,596 98,804
124,218 203,426

AWESOME HOUSES LTD (REGISTERED NUMBER: 09382867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 13,755

11. RELATED PARTY DISCLOSURES

At the balance sheet date the amount of £17,607 (2023: £96,815) was owed to the director. This amount bears no interest, is repayable on demand and is disclosed within other creditors.