Registered Number:10894388 |
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2024
An Ideal Home Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
An Ideal Home Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
4,866
6,330
2
4,866
6,330
Trade and other receivables |
4,345
4,829
3
22,635
Cash and cash equivalents |
29,076
33,905
26,980
Trade and other payables: amounts falling due within one |
year |
(16,351)
(13,793)
4
10,629
20,112
Net current assets
Total assets less current liabilities |
24,978
16,959
Trade and other payables: amounts falling due after more |
than one year |
(2,195)
(1,362)
5
(924)
(1,203)
Provisions for liabilities |
22,692
Net assets
13,561
100
100
22,592
13,461
22,692
13,561
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 06 March 2025 and were signed by: |
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For the year ended 31 August 2024
An Ideal Home Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 August 2024
An Ideal Home Limited
Notes to the Financial Statements
Statutory Information
An Ideal Home Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 10894388. |
84 The Maples
Harlow
Essex
CM19 4RA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Financial Instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the |
contractual provisions of the instrument. |
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction |
price. |
Basic financial liabilities |
Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing |
transaction, where the debt instrument is measured at the present value of the future payments discounted at a |
market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
Equity Instruments
Equity Instruments issued by the company are recorded at the proceeds received. Dividends payable on equity |
instruments are recognised once they are no longer at the discretion of the company. |
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For the year ended 31 August 2024
An Ideal Home Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
15,510
613
13,200
1,697
100
100
-
-
1,697
13,200
713
15,610
Provision for depreciation and impairment |
9,180
297
7,631
1,252
Charge for year
1,564
83
1,392
89
10,744
380
9,023
1,341
356
4,177
333
4,866
445
5,569
316
6,330
3. Trade and other receivables |
2023
2024
Prepayments and accrued income |
582
798
Taxation and social security |
4,247
3,547
4,345
4,829
4. Trade and other payables: amounts falling due within one year |
2023
2024
833
812
Taxation and social security |
2,420
5,230
Accruals and deferred income |
969
1,093
9,571
9,216
13,793
16,351
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
1,362
2,195
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For the year ended 31 August 2024
An Ideal Home Limited
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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