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REGISTERED NUMBER: 10193189 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

Your Needs Your Home Limited

Your Needs Your Home Limited (Registered number: 10193189)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Your Needs Your Home Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs K J Morris-Garner





REGISTERED OFFICE: 1st Floor, Beacon House
Warwick Road
Beaconsfield
Buckinghamshire
HP9 2PE





REGISTERED NUMBER: 10193189 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Your Needs Your Home Limited (Registered number: 10193189)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,467,431 2,467,431

CURRENT ASSETS
Debtors 5 923,563 630,696
Cash at bank 157,183 187,230
1,080,746 817,926
CREDITORS
Amounts falling due within one year 6 3,378,626 3,136,143
NET CURRENT LIABILITIES (2,297,880 ) (2,318,217 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,551

149,214

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 169,451 149,114
SHAREHOLDERS' FUNDS 169,551 149,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2025 and were signed by:





Mrs K J Morris-Garner - Director


Your Needs Your Home Limited (Registered number: 10193189)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Your Needs Your Home 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the value for use of premises supplied during the year. Turnover is recognised in the period to which it relates.

Investment property
Investment property is not depreciated but is revalued annually at its fair value, in accordance with Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value is taken to the profit and loss account and transferred to a fair value reserve.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 2,467,431
NET BOOK VALUE
At 31 March 2024 2,467,431
At 31 March 2023 2,467,431

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 2,467,431

Your Needs Your Home Limited (Registered number: 10193189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,467,431 2,467,431
Aggregate depreciation (292,873 ) (243,525 )

Investment property was valued on a fair value basis on 31 March 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,199 19,634
Amounts owed by associates 876,988 608,593
Prepayments and accrued income 4,376 2,469
923,563 630,696

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,512
Amounts owed to group undertakings 3,093,863 2,921,186
Amounts owed to associates - 113,035
Tax 6,779 21,179
Accruals and deferred income 277,984 79,231
3,378,626 3,136,143