IRIS Accounts Production v25.1.4.42 13477863 director 1.10.23 30.9.24 30.9.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh134778632023-09-30134778632024-09-30134778632023-10-012024-09-30134778632022-09-30134778632022-10-012023-09-30134778632023-09-3013477863ns15:EnglandWales2023-10-012024-09-3013477863ns14:PoundSterling2023-10-012024-09-3013477863ns10:Director12023-10-012024-09-3013477863ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3013477863ns10:SmallEntities2023-10-012024-09-3013477863ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3013477863ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3013477863ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3013477863ns10:FullAccounts2023-10-012024-09-3013477863ns10:OrdinaryShareClass12023-10-012024-09-3013477863ns10:RegisteredOffice2023-10-012024-09-3013477863ns5:CurrentFinancialInstruments2024-09-3013477863ns5:CurrentFinancialInstruments2023-09-3013477863ns5:Non-currentFinancialInstruments2024-09-3013477863ns5:Non-currentFinancialInstruments2023-09-3013477863ns5:ShareCapital2024-09-3013477863ns5:ShareCapital2023-09-3013477863ns5:RetainedEarningsAccumulatedLosses2024-09-3013477863ns5:RetainedEarningsAccumulatedLosses2023-09-3013477863ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3013477863ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3013477863ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 13477863 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

HOMEFIELD DEVELOPMENTS UK LTD

HOMEFIELD DEVELOPMENTS UK LTD (REGISTERED NUMBER: 13477863)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOMEFIELD DEVELOPMENTS UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: N J Evans





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





BUSINESS ADDRESS: 1 Milton Road
Impington
Cambridge
Cambridgeshire
CB24 9NF





REGISTERED NUMBER: 13477863 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

HOMEFIELD DEVELOPMENTS UK LTD (REGISTERED NUMBER: 13477863)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 521,532 521,532
Debtors 5 477 478
Cash and cash equivalents 317,721 316,135
839,730 838,145
CREDITORS
Amounts falling due within one year 6 (691,415 ) (691,232 )
NET CURRENT ASSETS 148,315 146,913
TOTAL ASSETS LESS CURRENT LIABILITIES 148,315 146,913

CREDITORS
Amounts falling due after more than one
year

7

(266

)

-
NET ASSETS 148,049 146,913

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 148,047 146,911
SHAREHOLDERS' FUNDS 148,049 146,913

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

HOMEFIELD DEVELOPMENTS UK LTD (REGISTERED NUMBER: 13477863)

BALANCE SHEET - continued
30 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





N J Evans - Director


HOMEFIELD DEVELOPMENTS UK LTD (REGISTERED NUMBER: 13477863)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Homefield Developments UK 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Homefield Developments UK Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Stocks
Stock represents the costs incurred to date in respect of land and property purchases, development expenditure and all associated costs incurred to bring the properties to a sellable condition.

At each reporting date an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less cost to complete and sell are recognised as an impairment cost in the profit and loss.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Unlisted investments
Investments in unlisted companies are accounted for under the cost model. Investments are measured at cost less accumulated impairment losses.

4. EMPLOYEES AND DIRECTORS

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

HOMEFIELD DEVELOPMENTS UK LTD (REGISTERED NUMBER: 13477863)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1 1
Other debtors 476 477
477 478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 691,415 691,232

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Taxation and social security 266 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £690,514 (2023: £690,202). The amount bears no interest, is repayable on demand and included within creditors due in less than one year.