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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
Page
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Homemead Construction Ltd Company Information for the year ended 30 June 2024
Directors
D Mead G Mead
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
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Homemead Construction Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,290 
16,053 
Current assets
Inventories
30,000 
30,000 
Debtors
439,101 
107,819 
Cash at bank and in hand
68,004 
305,050 
537,105 
442,869 
Creditors: amounts falling due within one year
(200,341)
(221,087)
Net current assets
336,764 
221,782 
Net assets
400,054 
237,835 
Capital and reserves
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
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Homemead Construction Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 30 June 2024
1,381 
61,909 
63,290 
At 30 June 2023
1,261 
14,792 
16,053 
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Homemead Construction Ltd Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
72,268 
107,819 
Other debtors
3,600 
- 
75,868 
107,819 
Amounts falling due after more than one year
Other debtors
363,233 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
55,167 
70,733 
Trade creditors
31,491 
33,214 
Taxes and social security
105,182 
116,176 
Other creditors
3,660 
- 
Loans from directors
4,502 
889 
Accruals
339 
75 
200,341 
221,087 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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