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Registered number: 10141249

Honest Property Ltd

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Honest Property Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
DIRECTORS
Christopher Buller
Joanna Buller
REGISTERED OFFICE
Gable End
Park Road
Winchester
Hampshire
SO23 7BE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10141249
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU

Honest Property Ltd

ACCOUNTS
FOR THEYEARENDED30 SEPTEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report3
Profit And Loss Account4
Balance Sheet5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account6
Profit And Loss Account Summaries7

Honest Property Ltd

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS
OF HONEST PROPERTY LTD, FOR THE YEAR ENDED 30 SEPTEMBER 2024
In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Honest Property Ltd for the year ended 30 September 2024 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member of the ACCA, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Honest Property Ltd, as a body, in accordance with the terms of our engagement letter dated 3 November 2021. Our work has been undertaken solely to prepare for your approval the accounts of Honest Property Ltd and state those matters that we have agreed to state to the Board of Directors of Honest Property Ltd, as a body, in this report, in accordance with the requirements of the ACCA as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Honest Property Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Honest Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Honest Property Ltd. You consider that Honest Property Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Honest Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
16 June 2025

Honest Property Ltd

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
20242023
££
Turnover32,66930,280
Cost of raw materials and consumables(5,226)(5,967)
Depreciation and other amounts written off assets(75)(89)
Other charges(17,959)(23,215)
Profit9,4091,009

Honest Property Ltd

Registered Number: 10141249
BALANCE SHEET AT 30 September 2024
20242023
££
Fixed assets469,733469,808
Current assets3,1124,106
Creditors: amounts falling due within one year(450,884)(462,042)
Net Current Liabilities(447,772)(457,936)
Total assets less current liabilities21,96111,872
Creditors: amounts falling due after more than one year55,90455,904
Accruals and deferred income1,8081,128
Net Liabilities(35,751)(45,160)
Capital and reserves(35,751)(45,160)
Average Number of Employees
During the year the average number of employees was 2.
Company information
Private company limited by shares registered in EW - England and Wales, registered number 10141249. Registered office Gable End, Park Road, Winchester, Hampshire, SO23 7BE
For the year ending 30 September 2024 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the micro-entities regime.
These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 16 June 2025 and signed on their behalf by
.............................
Christopher Buller
Director

Honest Property Ltd

TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
20242023
££
Turnover32,66930,280
Cost of Sales:
Purchases5,2265,967
5,2265,967
5,2265,967
Gross Profit27,44324,313
27,44324,313
Less:
Distribution costs535435
Administrative expenses4,92810,311
Interest payable and similar charges12,57112,558
18,03423,304
Net profit for the year before taxation9,4091,009
Net profit for the year after taxation9,4091,009
Retained losses brought forward(45,260)(46,269)
Retained losses carried forward(35,851)(45,260)
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.

Honest Property Ltd

PROFIT AND LOSS ACCOUNT SUMMARIES
FOR THE YEAR ENDED 30 SEPTEMBER 2024
20242023
££
Cost of sales - purchases:
Management Fees3,2633,487
Ground Rent1,3251,975
Utilities638505
5,2265,967
Distribution Costs:
Travel535435
535435
Interest payable and similar charges:
Mortgage interest12,57112,558
12,57112,558
Administrative Expenses:
Insurance325265
Repairs and renewals2,4997,886
Use of residence120120
Motor expenses 451629
Accountancy fees1,2181,128
Professional fees-(46)
Bank charges140140
Sundry expenses100100
Depreciation and Amortisation:
Depreciation of fixtures and fittings7589
4,92810,311
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.