Company Registration No. 8108280 (England and Wales)
Homemead Construction Ltd
Unaudited accounts
for the year ended 30 June 2024
Homemead Construction Ltd
Unaudited accounts
Contents
Homemead Construction Ltd
Company Information
for the year ended 30 June 2024
Company Number
8108280 (England and Wales)
Registered Office
31 Ellingham Road
Chessington
Surrey
KT9 2JA
Accountants
Magic Eye Consulting Ltd
85 Hook Road
Epsom
Surrey
KT19 8TP
Homemead Construction Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
63,290
16,053
Cash at bank and in hand
68,004
305,050
Creditors: amounts falling due within one year
(200,341)
(221,087)
Net current assets
336,764
221,782
Net assets
400,054
237,835
Called up share capital
100
100
Profit and loss account
399,954
237,735
Shareholders' funds
400,054
237,835
For the year ending 30 June 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by
D Mead
Director
Company Registration No. 8108280
Homemead Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
Homemead Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 8108280. The registered office is 31 Ellingham Road , Chessington, Surrey, KT9 2JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
7,972
44,690
52,662
Additions
1,726
80,153
81,879
Disposals
-
(10,084)
(10,084)
At 30 June 2024
9,698
114,759
124,457
At 1 July 2023
6,711
29,898
36,609
Charge for the year
1,606
22,952
24,558
At 30 June 2024
8,317
52,850
61,167
At 30 June 2024
1,381
61,909
63,290
At 30 June 2023
1,261
14,792
16,053
Homemead Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
72,268
107,819
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
31,491
33,214
Taxes and social security
105,182
116,176
Loans from directors
4,502
889
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).