Company Registration No. 13562954 (England and Wales)
Honey Pot 2021 Limited
Unaudited accounts
for the year ended 31 July 2024
Honey Pot 2021 Limited
Unaudited accounts
Contents
Honey Pot 2021 Limited
Company Information
for the year ended 31 July 2024
Director
Alice Faith Marjorie Duncan
Company Number
13562954 (England and Wales)
Registered Office
FIRST FLOOR,
85 GREAT PORTLAND STREET
LONDON
W1W 7LT
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Honey Pot 2021 Limited
Accountants' report
Accountants' report to the director of Honey Pot 2021 Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Honey Pot 2021 Limited for the year ended
31 July 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Honey Pot 2021 Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Honey Pot 2021 Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Honey Pot 2021 Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Honey Pot 2021 Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Honey Pot 2021 Limited. You consider that Honey Pot 2021 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Honey Pot 2021 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
15 January 2025
Honey Pot 2021 Limited
Statement of financial position
as at 31 July 2024
Investment property
546,607
526,802
Cash at bank and in hand
26
290
Creditors: amounts falling due within one year
(372,634)
(338,557)
Net current liabilities
(367,599)
(333,008)
Total assets less current liabilities
179,008
193,794
Creditors: amounts falling due after more than one year
(243,859)
(251,368)
Net liabilities
(64,851)
(57,574)
Called up share capital
12
12
Revaluation reserve
68,934
72,110
Profit and loss account
(133,797)
(129,696)
Shareholders' funds
(64,851)
(57,574)
For the year ending 31 July 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 24 February 2025 and were signed on its behalf by
Alice Faith Marjorie Duncan
Director
Company Registration No. 13562954
Honey Pot 2021 Limited
Notes to the Accounts
for the year ended 31 July 2024
Honey Pot 2021 Limited is a private company, limited by shares, registered in England and Wales, registration number 13562954. The registered office is FIRST FLOOR,, 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 August 2023
526,802
Net gain from fair value adjustments
19,805
Amounts falling due within one year
Honey Pot 2021 Limited
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
157,889
128,965
Loans from directors
213,713
208,572
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
243,859
244,235
Aggregate of amounts that fall due for payment after five years
243,859
244,235
Included in creditors is a bank loan secured on investment property. Personal guarantees have been provided.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).