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REGISTERED NUMBER: 12862409 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Neutral Home Limited

Neutral Home Limited (Registered number: 12862409)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neutral Home Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr Brett Pallister
Mr Jonathan Culver Bumstead





REGISTERED OFFICE: Centrum House
36 Station Road
Egham
Surrey
TW20 9LF





REGISTERED NUMBER: 12862409 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Neutral Home Limited (Registered number: 12862409)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,717 5,440

CURRENT ASSETS
Debtors 5 22,713 63,317
Cash at bank 230 12,842
22,943 76,159
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(124,776

)

(139,835

)
NET CURRENT LIABILITIES (101,833 ) (63,676 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(99,116

)

(58,236

)

PROVISIONS FOR LIABILITIES (6,120 ) -
NET LIABILITIES (105,236 ) (58,236 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (105,336 ) (58,336 )
SHAREHOLDERS' FUNDS (105,236 ) (58,236 )

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

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

Neutral Home Limited (Registered number: 12862409)

Balance Sheet - continued
30 June 2024


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 Statement of Income and Retained Earnings has not been delivered.

Approved and authorised by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





Mr Jonathan Culver Bumstead - Director


Neutral Home Limited (Registered number: 12862409)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Neutral 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Neutral Home Limited (Registered number: 12862409)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 13,269 1,016 14,285
DEPRECIATION
At 1 July 2023 7,961 884 8,845
Charge for year 2,654 69 2,723
At 30 June 2024 10,615 953 11,568
NET BOOK VALUE
At 30 June 2024 2,654 63 2,717
At 30 June 2023 5,308 132 5,440

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,491 54,670
Other debtors 222 8,647
22,713 63,317

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,706 18,876
Amounts owed to group undertakings 77,030 93,010
Taxation and social security 2,748 8,857
Other creditors 32,292 19,092
124,776 139,835

7. CALLED UP SHARE CAPITAL

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

Neutral Home Limited (Registered number: 12862409)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. RELATED PARTY DISCLOSURES

There were no related party transactions other than those concluded under normal market conditions, except for those shown below. Neutral Supply Chain Limited holds 70% of the share capital of Neutral Home Ltd.

2024 2023
£ £
Amount due to/(from) Neutral Supply Chain Limited 77,030 87,030

No interest has been charged.