11988110falsekitchen fitting2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director22023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-07-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11988110

Homeplan Kitchens Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Homeplan Kitchens Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
Mr M J Moore
Mrs S Moore
REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11988110
BANKERS
NatWest Bank Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Homeplan Kitchens Limited

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Homeplan Kitchens Limited

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Intangible assets3-10,000
Tangible assets437,37942,144
37,37952,144
CURRENT ASSETS
Debtors531,8964,869
Cash at bank and in hand214,469240,364
246,365245,233
CREDITORS: Amounts falling due within one year680,99590,109
NET CURRENT ASSETS165,370155,124
TOTAL ASSETS LESS CURRENT LIABILITIES202,749207,268
CREDITORS: Amounts falling due after more than one year7-2,082
NET ASSETS202,749205,186
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account202,747205,184
SHAREHOLDERS' FUNDS202,749205,186
For the year ending 31/07/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/01/2025 and signed on their behalf by
.............................
Mr M J Moore
Director

Homeplan Kitchens Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of 5 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Homeplan Kitchens Limited

1g. Government Grants
Government grants offering immediate financial assistance for Covid 19 are recognised in profit and loss in the year in which they are received.
1h.
2. EMPLOYEES
20242023
No.No.
Average number of employees11
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/08/202350,00050,000
At 31/07/202450,00050,000
Depreciation
At 01/08/202340,00040,000
For the year10,00010,000
At 31/07/202450,00050,000
Net Book Amounts
At 31/07/2024--
At 31/07/202310,00010,000

Homeplan Kitchens Limited

4. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/08/202351,30927,44278,751
Additions26,24524926,494
Disposals(25,065)-(25,065)
At 31/07/202452,48927,69180,180
Depreciation
At 01/08/202318,54518,06236,607
Disposals(6,266)-(6,266)
For the year10,0532,40712,460
At 31/07/202422,33220,46942,801
Net Book Amounts
At 31/07/202430,1577,22237,379
At 31/07/202332,7649,38042,144
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors11,172-
Other debtors13,250-
Prepayments7,4744,869
31,8964,869
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax7,58314,020
VAT3,05310,896
Other tax and social security270360
Directors current account27,33034,110
Hire purchase2,0824,165
Trade creditors38,77724,758
Accruals1,9001,800
80,99590,109

Homeplan Kitchens Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase >1yr-2,082
-2,082
8. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured2,0826,247
Hire purchase creditors are secured on the assets to which the liabilities relate.
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
10. RELATED PARTY TRANSACTIONS
Total dividends of £20,000 were paid to the directors during the year (2023 - £2,000).
At the balance sheet date the company owed £27,330 to the directors (2023 - £34,110). The loan is unsecured, interest free and repayable on demand.
11. GUARANTEES AND COMMITMENTS
At the balance sheet date the company had outstanding commitments under operating leases of £134,267.
12. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 11988110.
The company's registered office is 6 Brunswick Street, Carlisle, CA1 1PN.