Company Registration No. 12779219 (England and Wales)
Houseborn Engineering Ltd
Unaudited accounts
for the year ended 31 July 2024
Houseborn Engineering Ltd
Unaudited accounts
Contents
Houseborn Engineering Ltd
Company Information
for the year ended 31 July 2024
Company Number
12779219 (England and Wales)
Registered Office
6 Harebell Gardens
Houghton Regis
Dunstable
LU5 6RR
England
Houseborn Engineering Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
45,706
23,593
Cash at bank and in hand
3,091
4,262
Creditors: amounts falling due within one year
(31,974)
(24,767)
Net current liabilities
(17,034)
(13,408)
Total assets less current liabilities
29,538
11,051
Creditors: amounts falling due after more than one year
(36,303)
(12,746)
Net liabilities
(6,765)
(1,695)
Called up share capital
1
1
Profit and loss account
(6,766)
(1,696)
Shareholders' funds
(6,765)
(1,695)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2025 and were signed on its behalf by
Iosif Valean
Director
Company Registration No. 12779219
Houseborn Engineering Ltd
Notes to the Accounts
for the year ended 31 July 2024
Houseborn Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 12779219. The registered office is 6 Harebell Gardens, Houghton Regis, Dunstable, LU5 6RR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% Reducing Balance
Fixtures & fittings
10% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
29,842
405
30,247
At 31 July 2024
57,033
405
57,438
At 1 August 2023
6,522
132
6,654
Charge for the year
5,051
27
5,078
At 31 July 2024
11,573
159
11,732
At 31 July 2024
45,460
246
45,706
At 31 July 2023
23,320
273
23,593
5
Investments
Other investments
Valuation at 1 August 2023
866
Valuation at 31 July 2024
866
Houseborn Engineering Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
980
Loans from directors
31,974
22,094
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
36,303
-
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).