IRIS Accounts Production v25.1.4.42 06431806 Board of Directors 31.12.22 29.12.23 29.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064318062022-12-30064318062023-12-29064318062022-12-312023-12-29064318062021-12-30064318062021-12-312022-12-30064318062022-12-3006431806ns15:EnglandWales2022-12-312023-12-2906431806ns14:PoundSterling2022-12-312023-12-2906431806ns10:Director12022-12-312023-12-2906431806ns10:PrivateLimitedCompanyLtd2022-12-312023-12-2906431806ns10:SmallEntities2022-12-312023-12-2906431806ns10:AuditExempt-NoAccountantsReport2022-12-312023-12-2906431806ns10:SmallCompaniesRegimeForDirectorsReport2022-12-312023-12-2906431806ns10:SmallCompaniesRegimeForAccounts2022-12-312023-12-2906431806ns10:FullAccounts2022-12-312023-12-2906431806ns10:OrdinaryShareClass12022-12-312023-12-2906431806ns10:Director22022-12-312023-12-2906431806ns10:CompanySecretary12022-12-312023-12-2906431806ns10:RegisteredOffice2022-12-312023-12-2906431806ns5:CurrentFinancialInstruments2023-12-2906431806ns5:CurrentFinancialInstruments2022-12-3006431806ns5:Non-currentFinancialInstruments2023-12-2906431806ns5:Non-currentFinancialInstruments2022-12-3006431806ns5:ShareCapital2023-12-2906431806ns5:ShareCapital2022-12-3006431806ns5:RetainedEarningsAccumulatedLosses2023-12-2906431806ns5:RetainedEarningsAccumulatedLosses2022-12-3006431806ns5:FurnitureFittings2022-12-312023-12-2906431806ns5:ComputerEquipment2022-12-312023-12-2906431806ns5:FurnitureFittings2022-12-3006431806ns5:ComputerEquipment2022-12-3006431806ns5:FurnitureFittings2023-12-2906431806ns5:ComputerEquipment2023-12-2906431806ns5:FurnitureFittings2022-12-3006431806ns5:ComputerEquipment2022-12-3006431806ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-2906431806ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3006431806ns5:Non-currentFinancialInstruments2022-12-312023-12-2906431806ns10:OrdinaryShareClass12023-12-2906431806ns5:RetainedEarningsAccumulatedLosses2022-12-3006431806ns5:RetainedEarningsAccumulatedLosses2022-12-312023-12-29
REGISTERED NUMBER: 06431806 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 DECEMBER 2022 TO 29 DECEMBER 2023

FOR

HOME RUN SERVICES LTD

HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 31 December 2022 to 29 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOME RUN SERVICES LTD

COMPANY INFORMATION
For The Period 31 December 2022 to 29 December 2023







DIRECTORS: Mrs L B Plant
Mr S Plant





SECRETARY: Mrs L B Plant





REGISTERED OFFICE: 53 Welbeck Street
London
W1G 9XR





REGISTERED NUMBER: 06431806 (England and Wales)





ACCOUNTANTS: Fortus Limited
3 Park Square East
Leeds
LS1 2NE

HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

BALANCE SHEET
29 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,994 27,051

CURRENT ASSETS
Debtors 5 101,159 166,004
Cash at bank 11,712 1,355
112,871 167,359
CREDITORS
Amounts falling due within one year 6 223,730 169,256
NET CURRENT LIABILITIES (110,859 ) (1,897 )
TOTAL ASSETS LESS CURRENT LIABILITIES (87,865 ) 25,154

CREDITORS
Amounts falling due after more than
one year

7

357,048

677,250
NET LIABILITIES (444,913 ) (652,096 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (444,915 ) (652,098 )
SHAREHOLDERS' FUNDS (444,913 ) (652,096 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

BALANCE SHEET - continued
29 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





Mr S Plant - Director


HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 31 December 2022 to 29 December 2023


1. STATUTORY INFORMATION

Home Run Services 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. ACCOUNTING POLICIES

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

The company continues to be supported by the directors by virtue of their loan account which is in credit by £394,375 at the end of the financial year. The directors are prepared to provide the funding which from time to time is required to enable the company to meet its creditors as and when they fall due.

Turnover
Turnover represents net invoiced sales of interior design services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 3 ) .

HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 31 December 2022 to 29 December 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 31 December 2022
and 29 December 2023 50,356 42,273 92,629
DEPRECIATION
At 31 December 2022 31,769 33,809 65,578
Charge for period 2,788 1,269 4,057
At 29 December 2023 34,557 35,078 69,635
NET BOOK VALUE
At 29 December 2023 15,799 7,195 22,994
At 30 December 2022 18,587 8,464 27,051

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,577 18,577
Amounts due from related undertakings - 144,845
Corporation tax refund 1,582 1,582
Prepayments 81,000 1,000
101,159 166,004

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank Loan 4,000 4,000
Trade creditors 18,271 9,991
Social security and other taxes 90,737 101,714
Amounts due to related undertakings 108,934 51,763
Accrued expenses 1,788 1,788
223,730 169,256

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Directors' loan account 330,444 640,625
Bank loan 26,604 36,625
357,048 677,250

The bank loan represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The loan carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

HOME RUN SERVICES LTD (REGISTERED NUMBER: 06431806)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 31 December 2022 to 29 December 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 31 December 2022 (652,098 )
Profit for the period 207,183
At 29 December 2023 (444,915 )

10. RELATED PARTY DISCLOSURES

Included in creditors at 29 December 2023 are amounts due to City & Provincial (Equity Partners 3) Limited of £108,934 (2022: £51,763).The company is also due a sum from Plant Collections Limited amounting to £Nil (2022: £144,845).

During the period the company paid management charges of £80,000 (2022: £80,000) to Plant Collections Limited.

Stephen Plant and Linda Plant are directors in City & Provincial (Equity Partners 3) Limited and Home Run Services Ltd.

11. ULTIMATE CONTROL

The company is under the control of the directors.

12. GOING CONCERN

The company position is supported by directors loans and upon this basis the financial statements have been drawn up as a going concern.