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REGISTERED NUMBER: 10103015 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

HOME-MADE UK PROPERTIES LIMITED

HOME-MADE UK PROPERTIES LIMITED (REGISTERED NUMBER: 10103015)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOME-MADE UK PROPERTIES LIMITED

COMPANY INFORMATION
For The Year Ended 30 November 2023







DIRECTORS: A Navot
G Dimopoulos
E Applerot





REGISTERED OFFICE: 2-6 Boundary Row
London
SE1 8HP





REGISTERED NUMBER: 10103015 (England and Wales)

HOME-MADE UK PROPERTIES LIMITED (REGISTERED NUMBER: 10103015)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 7,459 19,072
7,459 19,072

CURRENT ASSETS
Debtors 6 676,656 356,199
Cash at bank and in hand 25,081 255,087
701,737 611,286
CREDITORS
Amounts falling due within one year 7 2,036,780 959,241
NET CURRENT LIABILITIES (1,335,043 ) (347,955 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,327,584

)

(328,883

)

CAPITAL AND RESERVES
Called up share capital 9 620 611
Share premium 6,632,838 6,365,721
Retained earnings (7,961,042 ) (6,695,215 )
SHAREHOLDERS' FUNDS (1,327,584 ) (328,883 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





A Navot - Director


HOME-MADE UK PROPERTIES LIMITED (REGISTERED NUMBER: 10103015)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

Home-Made UK Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate, as the shareholders are committed to providing the company with the necessary finances in order to meet its liabilities as they fall due.

Turnover
Turnover represents sales of property management services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

A useful life of 3 years was determined for the website costs and software development. This was in line with management's estimate of the time in which the software will remain useful without requiring significant improvements.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment-33.33% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.

HOME-MADE UK PROPERTIES LIMITED (REGISTERED NUMBER: 10103015)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 61 (2022 - 62 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 55,605
AMORTISATION
At 1 December 2022
and 30 November 2023 55,605
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Photography Computer
equipment equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 1,754 57,754 59,508
DEPRECIATION
At 1 December 2022 1,754 38,682 40,436
Charge for year - 11,613 11,613
At 30 November 2023 1,754 50,295 52,049
NET BOOK VALUE
At 30 November 2023 - 7,459 7,459
At 30 November 2022 - 19,072 19,072

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 364,742 315,097
Other debtors 48,960 41,102
Corporation tax 262,954 -
676,656 356,199

HOME-MADE UK PROPERTIES LIMITED (REGISTERED NUMBER: 10103015)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 58,748 66,626
Social security and other taxes 904,176 838,812
Other creditors 22,207 45,552
Directors' loan accounts 470,000 -
Accruals and deferred income 581,649 8,251
2,036,780 959,241

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 249,696 375,840
Between one and five years 187,272 -
436,968 375,840

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
3,582,650 Ordinary £0.0001 358 358
2,624,162 Seed preferred £0.0001 262 253
620 611

92,496 Seed preferred shares of £0.0001 were issued during the year at a premium of £2.8879 per share during the year.