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REGISTERED NUMBER: 05938490 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th September 2024

for

Your Own Home Ltd

Your Own Home Ltd (Registered number: 05938490)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Your Own Home Ltd

Company Information
for the Year Ended 30th September 2024







DIRECTORS: D Mitchell
Mrs M S Mitchell





SECRETARY: Mrs M S Mitchell





REGISTERED OFFICE: 45 The Delves
Swanwick
Alfreton
Derbyshire
DE55 1AR





REGISTERED NUMBER: 05938490 (England and Wales)

Your Own Home Ltd (Registered number: 05938490)

Balance Sheet
30th September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114 -
Investment property 5 297,480 297,480
297,594 297,480

CURRENT ASSETS
Debtors 6 404 567
Cash at bank 1,792 2,247
2,196 2,814
CREDITORS
Amounts falling due within one year 7 15,951 66,660
NET CURRENT LIABILITIES (13,755 ) (63,846 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

283,839

233,634

CREDITORS
Amounts falling due after more than one
year

8

197,922

147,922
NET ASSETS 85,917 85,712

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Fair value reserve 10 134,941 134,941
Retained earnings (50,024 ) (50,229 )
SHAREHOLDERS' FUNDS 85,917 85,712

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

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

Your Own Home Ltd (Registered number: 05938490)

Balance Sheet - continued
30th 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 31st March 2025 and were signed on its behalf by:





D Mitchell - Director


Your Own Home Ltd (Registered number: 05938490)

Notes to the Financial Statements
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Your Own Home Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Your Own Home Ltd (Registered number: 05938490)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st October 2023 200
Additions 169
Disposals (200 )
At 30th September 2024 169
DEPRECIATION
At 1st October 2023 200
Charge for year 55
Eliminated on disposal (200 )
At 30th September 2024 55
NET BOOK VALUE
At 30th September 2024 114
At 30th September 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023
and 30th September 2024 297,480
NET BOOK VALUE
At 30th September 2024 297,480
At 30th September 2023 297,480

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2023 297,480

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 162,539 162,539

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 404 567

Your Own Home Ltd (Registered number: 05938490)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 349
Taxation and social security 21 -
Other creditors 15,930 66,311
15,951 66,660

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 147,922 147,922
Other creditors 50,000 -
197,922 147,922

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 59,997 147,922

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Fair
value
reserve
£   
At 1st October 2023
and 30th September 2024 134,941