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
Homesfield Developments Limited
Company Information
for the year ended 31 January 2024
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
Homesfield Developments Limited
Statement of financial position
as at 31 January 2024
Tangible assets
21,930
29,345
Cash at bank and in hand
189
3,595
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)
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
Homesfield Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
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
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
At 31 January 2024
18,173
3,757
21,930
At 31 January 2023
24,335
5,010
29,345
Homesfield Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
10,392
19,842
Accrued income and prepayments
419
477
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
29,004
14,752
Taxes and social security
51,799
26,103
Loans from directors
18,647
(479)
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
29,159
19,096
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).