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Registration number: 00807329

Home Supplies (Wessex) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

Home Supplies (Wessex) Limited

Contents

Company Information

1

Profit and Loss Account

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

3

 

Home Supplies (Wessex) Limited

Company Information

Director

Mr JB Norman

Registered office

South Stour Avenue
Eastmead Estate
Ashford Kent
Kent
TN23 7RS

 

Home Supplies (Wessex) Limited

Profit and Loss Account for the Year Ended 31 July 2024

2024
£

2023
£

Turnover

29,467

28,736

Other income

8

39

Cost of raw materials and consumables

(1,139)

(2,183)

Staff costs

(5,697)

(10,580)

Depreciation and other amounts written off assets

(4,770)

(5,732)

Other charges

(25,371)

(25,637)

Loss before tax

(7,502)

(15,357)

Tax on loss

-

(2,921)

Loss for the year

(7,502)

(18,278)

 

Home Supplies (Wessex) Limited

(Registration number: 00807329)
Balance Sheet as at 31 July 2024

2024
£

2023
£

Fixed assets

79,018

81,755

Current assets

572

3,848

Creditors: Amounts falling due within one year

(71,935)

(62,215)

Net current liabilities

(71,363)

(58,367)

Total assets less current liabilities

7,655

23,388

Creditors: Amounts falling due after more than one year

(7,019)

(15,250)

Accruals and deferred income

(600)

(600)

 

36

7,538

Capital and reserves

36

7,538

1

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 April 2025
 

.........................................
Mr JB Norman
Director

   
     
 

Home Supplies (Wessex) Limited

Detailed Profit and Loss Account for the Year Ended 31 July 2024

2024
£

2023
£

Turnover (analysed below)

29,467

28,736

Cost of sales (analysed below)

(3,241)

(5,082)

Gross profit

26,226

23,654

Gross profit (%)

89%

82.31%

Administrative expenses

Employment costs (analysed below)

(5,697)

(10,580)

Establishment costs (analysed below)

(19,387)

(13,790)

General administrative expenses (analysed below)

(3,133)

(6,414)

Finance charges (analysed below)

(5,044)

(4,745)

Depreciation costs (analysed below)

(2,668)

(2,833)

Other expenses (analysed below)

2,683

-

(33,246)

(38,362)

Operating loss

(7,020)

(14,708)

Other interest receivable and similar income (analysed below)

8

39

Interest payable and similar expenses (analysed below)

(490)

(688)

(482)

(649)

Loss before tax

(7,502)

(15,357)

 

Home Supplies (Wessex) Limited

Detailed Profit and Loss Account for the Year Ended 31 July 2024 (continued)

2024
£

2023
£

Turnover

Sales, UK

10,884

7,569

Rental income from investment property

18,583

21,167

29,467

28,736

Cost of sales

Opening stock

924

3,424

Purchases

215

(317)

Closing stock

-

(924)

Depreciation of plant and machinery

2,102

2,899

3,241

5,082

Employment costs

Directors remuneration

5,600

10,400

Directors NIC

97

180

5,697

10,580

Establishment costs

Rent and rates

14,749

6,255

Light, heat and power

2,063

3,174

Insurance

2,575

4,361

19,387

13,790

General administrative expenses

Equipment repairs and renewals

395

1,357

Telephone and fax

1,180

2,185

Computer software and maintenance costs

395

891

Sundry expenses

86

274

Motor and travel expenses

-

102

Advertising

477

952

Accountancy fees

600

653

3,133

6,414

Finance charges

Bank charges

5,044

4,745

Depreciation costs

Depreciation of freehold property

2,439

2,439

Depreciation of fixtures and fittings (owned)

56

164

Depreciation of motor vehicles (owned)

173

230

2,668

2,833

Other expenses

(Profit)/loss on disposal of tangible fixed assets

(2,683)

-

 

Home Supplies (Wessex) Limited

Detailed Profit and Loss Account for the Year Ended 31 July 2024 (continued)

2024
£

2023
£

Operating loss

(7,020)

(14,708)

Other interest receivable and similar income

Bank interest receivable

8

9

Other interest receivable

-

30

8

39

Interest payable and similar expenses

Loan interest

490

688

Net finance cost

(482)

(649)

Loss before tax

(7,502)

(15,357)

 

Home Supplies (Wessex) Limited

Detailed Profit and Loss Account for the Year Ended 31 July 2024 (continued)

2024
£

2023
£

   

Turnover

Sales, UK

10,884

7,569

Rental income from investment property

18,583

21,167

29,467

28,736

   

Cost of sales

Opening stock

(924)

(3,424)

Purchases

(215)

317

Closing stock

-

924

Depreciation of plant and machinery

(2,102)

(2,899)

(3,241)

(5,082)

   

Employment costs

Directors remuneration

(5,600)

(10,400)

Directors NIC

(97)

(180)

(5,697)

(10,580)

   

Establishment costs

Rent and rates

(14,749)

(6,255)

Light, heat and power

(2,063)

(3,174)

Insurance

(2,575)

(4,361)

(19,387)

(13,790)

   

General administrative expenses

Equipment repairs and renewals

(395)

(1,357)

Telephone and fax

(1,180)

(2,185)

Computer software and maintenance costs

(395)

(891)

Sundry expenses

(86)

(274)

Motor and travel expenses

-

(102)

Advertising

(477)

(952)

Accountancy fees

(600)

(653)

(3,133)

(6,414)

   

Finance charges

Bank charges

(5,044)

(4,745)

   

Depreciation costs

Depreciation of freehold property

(2,439)

(2,439)

Depreciation of fixtures and fittings (owned)

(56)

(164)

Depreciation of motor vehicles (owned)

(173)

(230)

(2,668)

(2,833)

   

Other expenses

(Profit)/loss on disposal of tangible fixed assets

2,683

-

 

Home Supplies (Wessex) Limited

Detailed Profit and Loss Account for the Year Ended 31 July 2024 (continued)

2024
£

2023
£

   

   

Other interest receivable and similar income

Bank interest receivable

8

9

Other interest receivable

-

30

8

39

   

Interest payable and similar expenses

Loan interest

(490)

(688)