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Registered Number: 12916682
England and Wales
HOMESMART PROPERTIES LIMITED
Abridged Accounts
Period of accounts Start date: 01 October 2023 End date: 30 September 2024

HOMESMART PROPERTIES LIMITED Contents Page For the year ended 30 September 2024
Balance sheet | 1
Notes to the financial statements | 2

HOMESMART PROPERTIES LIMITED Balance Sheet As at 30 September 2024
| Notes | 2024 £ |  | 2023 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Investments | 3 | 269,890 |  | 269,890
|  | 269,890 |  | 269,890
Current assets |  |  |
Debtors |  | 0 |  | 1,303
Cash at bank and in hand |  | 12,903 |  | 5,698
|  | 12,903 |  | 7,001
Creditors: amount falling due within one year |  | (2,711) |  | (2,194)
Net current assets |  | 10,192 |  | 4,807
Total assets less current liabilities |  | 280,082 |  | 274,697
Creditors: amount falling due after more than one year |  | (258,730) |  | (258,730)
Net assets |  | 21,352 |  | 15,967
Capital and reserves |  |  |
Called up share capital |  | 2 |  | 2
Profit and loss account |  | 21,350 |  | 15,965
Shareholders' funds |  | 21,352 |  | 15,967
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 to the Registrar of Companies. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the board of directors on 23 May 2025 and were signed on its behalf by:
------------------------------- Deepak GUPTA Director
1

HOMESMART PROPERTIES LIMITED Notes to the Abridged Financial Statements For the year ended 30 September 2024
General Information HOMESMART PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12916682, registration address 20, Raydean Road, Barnet, England, EN5 1AN. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard) Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Investment properties Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2. | Average number of employees Average number of employees during the year was 0 (2023 : 0).
3. | Investments
Cost | Other investments other than loans |  | Total
| £ |  | £
At 01 October 2023 | 269,890 |  | 269,890
Additions | - |  | -
Transfer to/from tangible fixed assets | 0 |  | 0
Disposals | - |  | -
At 30 September 2024 | 269,890 |  | 269,890
There is no change in investment value and Investment properties are valued annually by the directors on a fair value basis.
2