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REGISTERED NUMBER: 01061442 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HENDERSON HOMES LIMITED

HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HENDERSON HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr M O Henderson
Mr M S Henderson
Mrs L V Henderson
Mrs F McClennon





REGISTERED OFFICE: Suite 5
St Ann's House
1 Old Market Place
Knutsford
Cheshire
WA16 6PD





REGISTERED NUMBER: 01061442 (England and Wales)





ACCOUNTANTS: Livesey Spottiswood Ltd
Chartered Accountants
17 George Street
St Helens
Merseyside
WA10 1DB

HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 109 147
Investments 5 2 2
Investment property 6 860,651 1,160,651
860,762 1,160,800

CURRENT ASSETS
Stocks 45,927 45,927
Debtors 697,414 602,205
Investments 64,342 56,955
Cash at bank 101,886 200,298
909,569 905,385
CREDITORS
Amounts falling due within one year (988,087 ) (990,471 )
NET CURRENT LIABILITIES (78,518 ) (85,086 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

782,244

1,075,714

CREDITORS
Amounts falling due after more than one year (6,667 ) (16,667 )

PROVISIONS FOR LIABILITIES - (68,000 )
NET ASSETS 775,577 991,047

CAPITAL AND RESERVES
Called up share capital 7 100,000 100,000
Investment property revaluation reserve 8 74,733 289,251
Retained earnings 600,844 601,796
SHAREHOLDERS' FUNDS 775,577 991,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by:





Mr M O Henderson - Director


HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Henderson Homes 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements
The financial statements contain information about Henderson Homes Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and is recognised when the company's right to receive payment is established.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery- 25% on reducing balance
Computer equipment- 33% straight line

Assets are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with any surpluses being recognised in an investment property revaluation reserve. Where the fair value is lower than original cost, the loss is recognised as an expense in profit and loss.

Stocks
Stock is stated at the lower of cost or estimated selling price less costs of sale. Cost includes the purchase of land and associated acquisition costs.

Work in progress is stated at the lower of cost and net realisable value, and is comprised of direct materials, labour and professional fees. Net realisable value is based on estimated selling price less any further costs expected to be incurred to completion and disposal.


HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued
Taxation
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. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Current asset investments
Equity investments are recognised initially at fair value which is normally the transaction price. Subsequently, they are measured at fair value through profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 57,251
DEPRECIATION
At 1 October 2023 57,104
Charge for year 38
At 30 September 2024 57,142
NET BOOK VALUE
At 30 September 2024 109
At 30 September 2023 147

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 October 2023
and 30 September 2024 2
NET BOOK VALUE
At 30 September 2024 2
At 30 September 2023 2

HENDERSON HOMES LIMITED (REGISTERED NUMBER: 01061442)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 1,160,651
Revaluations (282,518 )
Transfer to cost of sales (17,482 )
At 30 September 2024 860,651
NET BOOK VALUE
At 30 September 2024 860,651
At 30 September 2023 1,160,651

The investment properties were valued on 30 September 2024 by the director, Mr M O Henderson on an existing use open market value basis.


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100,000 Ordinary £1 100,000 100,000

8. RESERVES
Investment
property
revaluation
reserve
£   
At 1 October 2023 289,251
Transfer for revaluation of investment property (282,518 )
Deferred tax on revalued property 68,000

At 30 September 2024 74,733

9. RELATED PARTY DISCLOSURES

Shefford Limited is controlled by the T H Henderson No 2 Discretionary Trust, a trust in which Mr M S Henderson is a potential beneficiary. At 30 September 2024, £971,033 (2023 - £971,033) was due to Shefford Limited.