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REGISTERED NUMBER: 02015457 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HOMELODGE BUILDINGS LIMITED

HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

HOMELODGE BUILDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: F J Bolger
Mrs M L Bolger





SECRETARY: Mrs M L Bolger





REGISTERED OFFICE: Avebury House
6 St Peter Street
Winchester
Hampshire
SO23 8BN





REGISTERED NUMBER: 02015457 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 191,812 120,233

CURRENT ASSETS
Stocks 103,491 123,511
Debtors 5 1,190,824 1,189,342
Cash at bank 2,812,514 2,768,735
4,106,829 4,081,588
CREDITORS
Amounts falling due within one year 6 1,896,331 2,066,033
NET CURRENT ASSETS 2,210,498 2,015,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,402,310

2,135,788

PROVISIONS FOR LIABILITIES 47,953 29,649
NET ASSETS 2,354,357 2,106,139

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Capital redemption reserve 4,000 4,000
Retained earnings 2,344,357 2,096,139
SHAREHOLDERS' FUNDS 2,354,357 2,106,139

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

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

HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:





F J Bolger - Director


HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Homelodge Buildings 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 recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following conditions must also be satisfied before turnover is recognised:

The company has transferred the significant risks and rewards of ownership to the buyer;
The company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the good or items sold;
The amount of turnover can be reliably measured;
It is probable that the company will receive the consideration due under the transaction;
The costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are initially measured at the transaction price, unless the arrangement constitutes a financing transaction, when it is measured at the present value of the future repayments and discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 33 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 46,405 171,199 117,301 30,372 365,277
Additions 7,992 126,915 - 14,248 149,155
Disposals - (68,854 ) - - (68,854 )
At 30 September 2024 54,397 229,260 117,301 44,620 445,578
DEPRECIATION
At 1 October 2023 46,405 124,074 56,946 17,619 245,044
Charge for year - 41,169 24,974 6,077 72,220
Eliminated on disposal - (63,498 ) - - (63,498 )
At 30 September 2024 46,405 101,745 81,920 23,696 253,766
NET BOOK VALUE
At 30 September 2024 7,992 127,515 35,381 20,924 191,812
At 30 September 2023 - 47,125 60,355 12,753 120,233

HOMELODGE BUILDINGS LIMITED (REGISTERED NUMBER: 02015457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 151,021 196,729
Amounts owed by group undertakings 838,721 819,488
Other debtors 201,082 173,125
1,190,824 1,189,342

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 265,407 282,627
Amounts owed to group undertakings 666,043 645,343
Taxation and social security 217,597 229,054
Other creditors 747,284 909,009
1,896,331 2,066,033

7. PENSION COMMITMENTS

As of 30 September 2024, Homelodge Buildings Limited had a liability in respect of pension contributions of £6,796 (2023: £9,763). These are included in other creditors.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
F J Bolger
Balance outstanding at start of year 420 -
Amounts advanced 420 1,530
Amounts repaid (840 ) (1,110 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 420

The above loans are unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

As at the balance sheet date Homelodge Buildings Limited was owed £838,721 (2023: £819,488) by Kingswell Buildings Limited. Homelodge Buildings Limited also owed £666,043 (2023: £645,343) to Kingswell Holdings Limited. Both of these loans are interest-free and are between companies under common control..

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HOMELODGE BUILDINGS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Homelodge Buildings Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Homelodge Buildings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Homelodge Buildings Limited and state those matters that we have agreed to state to the Board of Directors of Homelodge Buildings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Homelodge Buildings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Homelodge Buildings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Homelodge Buildings Limited. You consider that Homelodge Buildings 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 financial statements of Homelodge Buildings 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 financial statements.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


22 April 2025