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REGISTERED NUMBER: SC219518 (Scotland)















HOMEDREAM LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025






HOMEDREAM LIMITED (REGISTERED NUMBER: SC219518)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOMEDREAM LIMITED

COMPANY INFORMATION
For The Year Ended 31 May 2025







DIRECTORS: S Bonatti
E Giovanacci
C M Giovanacci





SECRETARY: C M Giovanacci





REGISTERED OFFICE: 7 Kishorn Road
Wemyss Bay
PA18 6BW





REGISTERED NUMBER: SC219518 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Cresent
Glasgow
G3 7SL

HOMEDREAM LIMITED (REGISTERED NUMBER: SC219518)

BALANCE SHEET
31 May 2025

31.5.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 113,751 113,751
113,751 113,751

CURRENT ASSETS
Debtors 6 - 14,106
Cash at bank 111,875 169,997
111,875 184,103
CREDITORS
Amounts falling due within one year 7 91,764 66,405
NET CURRENT ASSETS 20,111 117,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,862

231,449

CAPITAL AND RESERVES
Called up share capital 99 99
Fair value reserve 30,923 30,923
Retained earnings 102,840 200,427
SHAREHOLDERS' FUNDS 133,862 231,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

HOMEDREAM LIMITED (REGISTERED NUMBER: SC219518)

BALANCE SHEET - continued
31 May 2025


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:




E Giovanacci - Director



S Bonatti - Director


HOMEDREAM LIMITED (REGISTERED NUMBER: SC219518)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2025


1. STATUTORY INFORMATION

Homedream Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investment properties
Land and buildings are classified as investment property when the property is held to earn rentals or for capital appreciation or both. Investment property is initially measured at cost which comprises purchase price and any directly attributable expenditure, and subsequently remeasured to fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024
and 31 May 2025 229
DEPRECIATION
At 1 June 2024
and 31 May 2025 229
NET BOOK VALUE
At 31 May 2025 -

HOMEDREAM LIMITED (REGISTERED NUMBER: SC219518)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2025


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2024
and 31 May 2025 113,751
NET BOOK VALUE
At 31 May 2025 113,751
At 31 May 2024 113,751



6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Other debtors - 14,106

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Taxation and social security 2,338 2,813
Other creditors 89,426 63,592
91,764 66,405

8. RELATED PARTY DISCLOSURES

Included in other creditors at 31 May 2025 are interest free loans to the company from the directors of £79,621 (2024, £53,886). There are no fixed repayment terms for these loans.