Company Registration No. 13441182 (England and Wales)
Udi Homes Limited
Unaudited accounts
for the year ended 30 June 2025
Udi Homes Limited
Unaudited accounts
Contents
Udi Homes Limited
Company Information
for the year ended 30 June 2025
Directors
Oghenetega Desmond UDI
Avakporaye UDI
Omotayo Elizabeth UDI
Company Number
13441182 (England and Wales)
Registered Office
1 Crossthwaite Avenue
London
SE5 8EY
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Udi Homes Limited
Statement of financial position
as at 30 June 2025
Creditors: amounts falling due within one year
(114,628)
Net current liabilities
(114,628)
Total assets less current liabilities
905,098
Creditors: amounts falling due after more than one year
(784,264)
Profit and loss account
120,824
Shareholders' funds
120,834
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2025 and were signed on its behalf by
Oghenetega Desmond UDI
Director
Company Registration No. 13441182
Udi Homes Limited
Notes to the Accounts
for the year ended 30 June 2025
Udi Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 13441182. The registered office is 1 Crossthwaite Avenue, London, SE5 8EY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33 % reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2024
137,500
-
137,500
Additions
857,000
37,650
894,650
At 30 June 2025
994,500
37,650
1,032,150
Charge for the year
-
12,424
12,424
At 30 June 2025
-
12,424
12,424
At 30 June 2025
994,500
25,226
1,019,726
5
Creditors: amounts falling due within one year
2025
Bank loans and overdrafts
5,736
Loans from directors
108,467
Udi Homes Limited
Notes to the Accounts
for the year ended 30 June 2025
6
Creditors: amounts falling due after more than one year
2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
(108,811)
(344)
(108,467)
-
(108,811)
(344)
(108,467)
8
Average number of employees
During the year the average number of employees was 1.