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Company Registration No. 11160861 (England and Wales)
Homesfield Developments Limited Unaudited accounts for the year ended 31 January 2024
Homesfield Developments Limited Unaudited accounts Contents
Page
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Homesfield Developments Limited Company Information for the year ended 31 January 2024
Director
Beverly Field
Company Number
11160861 (England and Wales)
Registered Office
72a Netherstreet Bromham Chippenham Wiltshire SN15 2DP England
Accountants
Christopher Neuman Unit 5, The Workshed London Street Swindon Wiltshire SN1 5DG
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Homesfield Developments Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,930 
29,345 
Current assets
Debtors
16,859 
35,603 
Cash at bank and in hand
189 
3,595 
17,048 
39,198 
Creditors: amounts falling due within one year
(101,543)
(42,088)
Net current liabilities
(84,495)
(2,890)
Total assets less current liabilities
(62,565)
26,455 
Creditors: amounts falling due after more than one year
(58,150)
(72,496)
Net liabilities
(120,715)
(46,041)
Capital and reserves
Share premium
1 
1 
Profit and loss account
(120,716)
(46,042)
Shareholders' funds
(120,715)
(46,041)
For the year ending 31 January 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 director acknowledges her 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 and authorised for issue on 30 October 2024 and were signed on its behalf by
Beverly Field Director Company Registration No. 11160861
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Homesfield Developments Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Homesfield Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11160861. The registered office is 72a Netherstreet, Bromham, Chippenham, Wiltshire, SN15 2DP, England.
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
25
Motor vehicles
25
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
36,717 
15,833 
52,550 
At 31 January 2024
36,717 
15,833 
52,550 
Depreciation
At 1 February 2023
12,382 
10,823 
23,205 
Charge for the year
6,162 
1,253 
7,415 
At 31 January 2024
18,544 
12,076 
30,620 
Net book value
At 31 January 2024
18,173 
3,757 
21,930 
At 31 January 2023
24,335 
5,010 
29,345 
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Homesfield Developments Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,048 
15,284 
Trade debtors
10,392 
19,842 
Accrued income and prepayments
419 
477 
16,859 
35,603 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
29,004 
14,752 
Taxes and social security
51,799 
26,103 
Other creditors
27 
26 
Loans from directors
18,647 
(479)
Accruals
2,066 
1,686 
101,543 
42,088 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,991 
53,400 
Taxes and social security
29,159 
19,096 
58,150 
72,496 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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