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Registered number: 15111876
HOME LOVERS RENTAL LIMITED
ABRIDGED Financial Statements
For the Period 4 September 2023 to 31 December 2024
John A. Porter & Co.
74 Dickenson Road
Rusholme
Manchester
M14 5HF
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 15111876
31 December 2024
Notes £ £
FIXED ASSETS
Tangible Assets 5 196,001
196,001
CURRENT ASSETS
Debtors 333
Cash at bank and in hand 722
1,055
Creditors: Amounts Falling Due Within One Year (64,151 )
NET CURRENT ASSETS (LIABILITIES) (63,096 )
TOTAL ASSETS LESS CURRENT LIABILITIES 132,905
Creditors: Amounts Falling Due After More Than One Year (129,459 )
NET ASSETS 3,446
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account 3,346
SHAREHOLDERS' FUNDS 3,446
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board on 21 May 2025 and were signed on its behalf by:
Mr Ghasem Yadegarfar
Director
21 May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
HOME LOVERS RENTAL LIMITED is a private company, limited by shares, incorporated in England & Wales.
The registered number is 15111876 .
The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.
No dividends have been paid.
There are no other related party transactions to report.
There are no contingent liabilities or other post balance sheet events to report.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents total lettings receivable. The Company is not Value Added Tax (VAT) registered.
2.3. Tangible Fixed Assets and Depreciation
Tangible Fixed Assets are stated at cost less accumulated depreciation.
Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Accounting Reference Date
The accounting reference date has been changed from 30 September to 31 December.
The Company was incorporated on 4 September 2023 and rental income commenced in December 2023.
These first accounts cover the 16 month period starting on 4 September 2023 and ending on 31 December 2024.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
The average number of employees, including directors, who are employed under a contract of service during the period was: NIL
-
4. Interest Payable and Similar Charges
31 December 2024
£
Bank loans and overdrafts 9,810
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Page 3
5. Tangible Assets
Total
£
Cost or Valuation
As at 4 September 2023 -
Additions 190,253
Revaluation 5,853
As at 31 December 2024 196,106
Depreciation
As at 4 September 2023 -
Provided during the period 105
As at 31 December 2024 105
Net Book Value
As at 31 December 2024 196,001
As at 4 September 2023 -
Cost or valuation as at 31 December 2024 represented by:
Investment Properties Fixtures & Fittings Computer Equipment Total
£ £ £ £
At cost - 50 500 550
At valuation 195,556 - - 195,556
195,556 50 500 196,106
6. Share Capital
31 December 2024
Allotted, called up and fully paid £
100 Ordinary Shares of £ 1.00 each 100
7. Ultimate Controlling Party
The Company was controlled by Ghasem Yadegarfar who held 100 £1 Ordinary Voting Shares throughout the period there being 100  £1 Ordinary Voting Shares in issue.
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