Company Registration No. 11371271 (England and Wales)
VALUE HUB HOMES LIMITED
Unaudited accounts
for the year ended 31 May 2024
VALUE HUB HOMES LIMITED
Unaudited accounts
Contents
VALUE HUB HOMES LIMITED
Company Information
for the year ended 31 May 2024
Directors
David Anthony
Jide Onabajo
Company Number
11371271 (England and Wales)
Registered Office
20-22 WENLOCK ROAD
LONDON
N1 7GU
ENGLAND
VALUE HUB HOMES LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
62,835
58,885
Cash at bank and in hand
22
1,941
Creditors: amounts falling due within one year
4,276
6,152
Net current assets
14,740
21,123
Total assets less current liabilities
77,575
80,008
Creditors: amounts falling due after more than one year
(75,197)
(81,395)
Net assets/(liabilities)
2,378
(1,387)
Called up share capital
2
2
Revaluation reserve
15,505
10,505
Profit and loss account
(13,129)
(11,894)
Shareholders' funds
2,378
(1,387)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 18 May 2025 and were signed on its behalf by
David Anthony
Director
Company Registration No. 11371271
VALUE HUB HOMES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
VALUE HUB HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11371271. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
Amounts falling due within one year
Other debtors
10,442
13,030
VALUE HUB HOMES LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(5,089)
(6,965)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).