2023-09-012024-08-312024-08-31false13588844HOME EFFICIENT LTD2025-06-27falseiso4217:GBPxbrli:pure135888442023-09-01135888442024-08-31135888442023-09-012024-08-31135888442022-09-01135888442023-08-31135888442022-09-012023-08-3113588844bus:SmallEntities2023-09-012024-08-3113588844bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3113588844bus:FullAccounts2023-09-012024-08-3113588844bus:PrivateLimitedCompanyLtd2023-09-012024-08-3113588844core:WithinOneYear2024-08-3113588844core:AfterOneYear2024-08-3113588844core:WithinOneYear2023-08-3113588844core:AfterOneYear2023-08-3113588844core:ShareCapital2024-08-3113588844core:SharePremium2024-08-3113588844core:RevaluationReserve2024-08-3113588844core:OtherReservesSubtotal2024-08-3113588844core:RetainedEarningsAccumulatedLosses2024-08-3113588844core:ShareCapital2023-08-3113588844core:SharePremium2023-08-3113588844core:RevaluationReserve2023-08-3113588844core:OtherReservesSubtotal2023-08-3113588844core:RetainedEarningsAccumulatedLosses2023-08-3113588844core:LandBuildings2024-08-3113588844core:PlantMachinery2024-08-3113588844core:Vehicles2024-08-3113588844core:FurnitureFittings2024-08-3113588844core:OfficeEquipment2024-08-3113588844core:NetGoodwill2024-08-3113588844core:IntangibleAssetsOtherThanGoodwill2024-08-3113588844core:ListedExchangeTraded2024-08-3113588844core:UnlistedNon-exchangeTraded2024-08-3113588844core:LandBuildings2023-08-3113588844core:PlantMachinery2023-08-3113588844core:Vehicles2023-08-3113588844core:FurnitureFittings2023-08-3113588844core:OfficeEquipment2023-08-3113588844core:NetGoodwill2023-08-3113588844core:IntangibleAssetsOtherThanGoodwill2023-08-3113588844core:ListedExchangeTraded2023-08-3113588844core:UnlistedNon-exchangeTraded2023-08-3113588844core:LandBuildings2023-09-012024-08-3113588844core:PlantMachinery2023-09-012024-08-3113588844core:Vehicles2023-09-012024-08-3113588844core:FurnitureFittings2023-09-012024-08-3113588844core:OfficeEquipment2023-09-012024-08-3113588844core:NetGoodwill2023-09-012024-08-3113588844core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113588844core:ListedExchangeTraded2023-09-012024-08-3113588844core:UnlistedNon-exchangeTraded2023-09-012024-08-3113588844core:MoreThanFiveYears2023-09-012024-08-3113588844core:Non-currentFinancialInstruments2024-08-3113588844core:Non-currentFinancialInstruments2023-08-3113588844dpl:CostSales2023-09-012024-08-3113588844dpl:DistributionCosts2023-09-012024-08-3113588844core:LandBuildings2023-09-012024-08-3113588844core:PlantMachinery2023-09-012024-08-3113588844core:Vehicles2023-09-012024-08-3113588844core:FurnitureFittings2023-09-012024-08-3113588844core:OfficeEquipment2023-09-012024-08-3113588844dpl:AdministrativeExpenses2023-09-012024-08-3113588844core:NetGoodwill2023-09-012024-08-3113588844core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113588844dpl:GroupUndertakings2023-09-012024-08-3113588844dpl:ParticipatingInterests2023-09-012024-08-3113588844dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3113588844core:ListedExchangeTraded2023-09-012024-08-3113588844dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3113588844core:UnlistedNon-exchangeTraded2023-09-012024-08-3113588844dpl:CostSales2022-09-012023-08-3113588844dpl:DistributionCosts2022-09-012023-08-3113588844core:LandBuildings2022-09-012023-08-3113588844core:PlantMachinery2022-09-012023-08-3113588844core:Vehicles2022-09-012023-08-3113588844core:FurnitureFittings2022-09-012023-08-3113588844core:OfficeEquipment2022-09-012023-08-3113588844dpl:AdministrativeExpenses2022-09-012023-08-3113588844core:NetGoodwill2022-09-012023-08-3113588844core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3113588844dpl:GroupUndertakings2022-09-012023-08-3113588844dpl:ParticipatingInterests2022-09-012023-08-3113588844dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3113588844core:ListedExchangeTraded2022-09-012023-08-3113588844dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3113588844core:UnlistedNon-exchangeTraded2022-09-012023-08-3113588844core:NetGoodwill2024-08-3113588844core:IntangibleAssetsOtherThanGoodwill2024-08-3113588844core:LandBuildings2024-08-3113588844core:PlantMachinery2024-08-3113588844core:Vehicles2024-08-3113588844core:FurnitureFittings2024-08-3113588844core:OfficeEquipment2024-08-3113588844core:AfterOneYear2024-08-3113588844core:WithinOneYear2024-08-3113588844core:ListedExchangeTraded2024-08-3113588844core:UnlistedNon-exchangeTraded2024-08-3113588844core:ShareCapital2024-08-3113588844core:SharePremium2024-08-3113588844core:RevaluationReserve2024-08-3113588844core:OtherReservesSubtotal2024-08-3113588844core:RetainedEarningsAccumulatedLosses2024-08-3113588844core:NetGoodwill2023-08-3113588844core:IntangibleAssetsOtherThanGoodwill2023-08-3113588844core:LandBuildings2023-08-3113588844core:PlantMachinery2023-08-3113588844core:Vehicles2023-08-3113588844core:FurnitureFittings2023-08-3113588844core:OfficeEquipment2023-08-3113588844core:AfterOneYear2023-08-3113588844core:WithinOneYear2023-08-3113588844core:ListedExc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HOME EFFICIENT LTD

Registered Number
13588844
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

HOME EFFICIENT LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Directors

Aamir Qasar Malik
Raja Faisal Hussain

Registered Address

Unit C Bramingham Business Park
Enterprise Way
Luton
LU3 4BU

Registered Number

13588844 (England and Wales)
HOME EFFICIENT LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets395,11758,261
95,11758,261
Current assets
Debtors945,179715,844
Cash at bank and on hand223,41172,455
1,168,590788,299
Creditors amounts falling due within one year4(867,198)(386,227)
Net current assets (liabilities)301,392402,072
Total assets less current liabilities396,509460,333
Creditors amounts falling due after one year5(35,263)(34,821)
Net assets361,246425,512
Capital and reserves
Profit and loss account361,246425,512
Shareholders' funds361,246425,512
The financial statements were approved and authorised for issue by the Board of Directors on 27 June 2025, and are signed on its behalf by:
Aamir Qasar Malik
Director
Registered Company No. 13588844
HOME EFFICIENT LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Finance costs
Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Vehicles - Various Office Equipment - 25% on cost Computer Equipment - 25% on cost
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.Average number of employees

20242023
Average number of employees during the year85
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 September 2363,8574,60868,465
Additions60,6272,46163,088
At 31 August 24124,4847,069131,553
Depreciation and impairment
At 01 September 238,7091,49510,204
Charge for year24,7511,48126,232
At 31 August 2433,4602,97636,436
Net book value
At 31 August 2491,0244,09395,117
At 31 August 2355,1483,11358,261
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables336,42385,287
Taxation and social security526,826294,320
Other creditors3,9496,620
Total867,198386,227
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Other creditors35,26334,821
Total35,26334,821
6.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts35,26334,821
7.Directors advances, credits and guarantees
The balance shown as director's current account under creditors £3,394 is owed by the company to the director. The debt has no fixed date for repayment, is repayable on demand and non-interest bearing.