Company registration number 14974548 (England and Wales)
BOURNEMOUTH.HOMES LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 JULY 2024
4 Brackley Close
Bournemouth International Airport
Christchurch
Dorset
BH23 6SE
BOURNEMOUTH.HOMES LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
BOURNEMOUTH.HOMES LIMITED
BALANCE SHEET
- 1 -
2024
Notes
£
£
Current assets
Debtors
3
4,094
Cash at bank and in hand
615
4,709
Creditors: amounts falling due within one year
4
(1,260)
Net current assets
3,449
Creditors: amounts falling due after more than one year
5
(9,613)
Net liabilities
(6,164)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(6,264)
Total equity
(6,164)
For the financial period ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 31 March 2025
Dr M Vasilko
Director
Company registration number 14974548 (England and Wales)
BOURNEMOUTH.HOMES LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JULY 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 3 July 2023
-
Period ended 31 July 2024:
Loss and total comprehensive income
-
(6,264)
(6,264)
Issue of share capital
100
-
100
Balance at 31 July 2024
100
(6,264)
(6,164)
BOURNEMOUTH.HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information
Bournemouth.Homes Limited is a private company limited by shares incorporated in England and Wales. The registered office is 4 Brackley Close, Bournemouth International Airport, Christchurch, Dorset, BH23 6SE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2
Going concern
At the balance sheet date the company has net liabilities of £6,164 however the director of the company and a related company are owed a total of £9,613. Both have indicated repayment will not be required in the short term and therefore the accounts have been prepared on the going concern basis.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Turnover represents gross rents receivable from tenants.
1.4
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
1
BOURNEMOUTH.HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2024
- 4 -
3
Debtors
2024
Amounts falling due within one year:
£
Other debtors
4,094
4
Creditors: amounts falling due within one year
2024
£
Other creditors
1,260
5
Creditors: amounts falling due after more than one year
2024
£
Other creditors
9,613
6
Parent company
The immediate controlling party is Aeon Ventures Limited, which owns 100% of the company's issued share capital. The registered office of Aeon Ventures Limited is 4 Brackley Close, Bournemouth International Airport, Christchurch, Dorset, BH23 6SE.
The ultimate controlling parties are Dr M Vasilko and Mrs M Vasilkova.