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Company Registration No. 10424387 (England and Wales)
Homewood Property Limited Unaudited accounts for the year ended 31 March 2024
Homewood Property Limited Unaudited accounts Contents
Page
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Homewood Property Limited Company Information for the year ended 31 March 2024
Directors
Mr S J Billings Mrs N Billings
Company Number
10424387 (England and Wales)
Registered Office
72 IRVING ROAD BOURNEMOUTH BH6 5BH ENGLAND
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Homewood Property Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
333,536 
333,536 
Current assets
Debtors
4,188 
3,938 
Cash at bank and in hand
459 
1,705 
4,647 
5,643 
Creditors: amounts falling due within one year
(120,058)
(117,285)
Net current liabilities
(115,411)
(111,642)
Total assets less current liabilities
218,125 
221,894 
Creditors: amounts falling due after more than one year
(226,834)
(231,589)
Net liabilities
(8,709)
(9,695)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(8,809)
(9,795)
Shareholders' funds
(8,709)
(9,695)
For the year ending 31 March 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 6 November 2024 and were signed on its behalf by
Mr S J Billings Director Company Registration No. 10424387
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Homewood Property Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Homewood Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10424387. The registered office is 72 IRVING ROAD, BOURNEMOUTH, BH6 5BH, 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:
Land & buildings
Not provided.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
333,536 
At 31 March 2024
333,536 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
333,536 
At 31 March 2023
333,536 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
4,188 
3,938 
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Homewood Property Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
119,458 
116,785 
Accruals
600 
500 
120,058 
117,285 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
226,834 
231,589 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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