Company Registration No. 10461954 (England and Wales)
Hemp Homes Ltd
Unaudited accounts
for the year ended 30 November 2024
Hemp Homes Ltd
Unaudited accounts
Contents
Hemp Homes Ltd
Company Information
for the year ended 30 November 2024
Directors
Marcia Harrison
Ericka Lagdon
Company Number
10461954 (England and Wales)
Registered Office
15 Stanley Road North
Rainham
Essex
RM13 8AX
England
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
Hemp Homes Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
490,522
491,330
Cash at bank and in hand
1,964
2,102
Creditors: amounts falling due within one year
(700,269)
(676,084)
Net current liabilities
(697,536)
(673,982)
Net liabilities
(207,014)
(182,652)
Called up share capital
60
60
Profit and loss account
(207,074)
(182,712)
Shareholders' funds
(207,014)
(182,652)
For the year ending 30 November 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 25 May 2025 and were signed on its behalf by
Marcia Harrison
Director
Company Registration No. 10461954
Hemp Homes Ltd
Notes to the Accounts
for the year ended 30 November 2024
Hemp Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 10461954. The registered office is 15 Stanley Road North, Rainham, Essex, RM13 8AX, 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:
Fixtures & fittings
25% reducing balance basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
488,097
7,844
495,941
At 30 November 2024
488,097
7,844
495,941
At 1 December 2023
-
4,611
4,611
Charge for the year
-
808
808
At 30 November 2024
-
5,419
5,419
At 30 November 2024
488,097
2,425
490,522
At 30 November 2023
488,097
3,233
491,330
Amounts falling due within one year
Accrued income and prepayments
769
-
Hemp Homes Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
454,359
472,904
Loans from directors
245,370
202,820
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).