Company Registration No. 11282677 (England and Wales)
Cinnamon Homes Limited
Unaudited accounts
for the year ended 28 February 2025
Cinnamon Homes Limited
Unaudited accounts
Contents
Cinnamon Homes Limited
Company Information
for the year ended 28 February 2025
Directors
Adley Siddiqi
Jayasree Kalathil
Company Number
11282677 (England and Wales)
Registered Office
283 Woodlands Road
Southampton
SO40 7GE
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Cinnamon Homes Limited
Accountants' report
Accountants' report to the board of directors of Cinnamon Homes Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cinnamon Homes Limited for the year ended
28 February 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Cinnamon Homes Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Cinnamon Homes Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cinnamon Homes Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cinnamon Homes Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cinnamon Homes Limited. You consider that Cinnamon Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Cinnamon Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
10 July 2025
Cinnamon Homes Limited
Statement of financial position
as at 28 February 2025
Investment property
195,000
169,754
Cash at bank and in hand
891
482
Creditors: amounts falling due within one year
(10,953)
(6,607)
Net current liabilities
(10,062)
(5,534)
Total assets less current liabilities
184,938
164,352
Creditors: amounts falling due after more than one year
(135,985)
(136,002)
Provisions for liabilities
Called up share capital
100
100
Revaluation reserve
43,710
24,784
Profit and loss account
222
3,466
Shareholders' funds
44,032
28,350
For the year ending 28 February 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 16 July 2025 and were signed on its behalf by
Adley Siddiqi
Director
Company Registration No. 11282677
Cinnamon Homes Limited
Notes to the Accounts
for the year ended 28 February 2025
Cinnamon Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 11282677. The registered office is 283 Woodlands Road, Southampton, SO40 7GE, 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:
Fixtures & fittings
Between 20 - 33% on cost
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Cinnamon Homes Limited
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2024
6,600
798
7,398
At 28 February 2025
6,600
798
7,398
At 1 March 2024
6,599
667
7,266
Charge for the year
-
132
132
At 28 February 2025
6,599
799
7,398
At 28 February 2025
1
(1)
-
At 29 February 2024
1
131
132
Fair value at 1 March 2024
169,754
Net gain from fair value adjustments
25,246
At 28 February 2025
195,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
10,428
6,082
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
135,985
136,002
Aggregate of amounts that fall due for payment after five years
135,985
136,002
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
Cinnamon Homes Limited
Notes to the Accounts
for the year ended 28 February 2025
9
Deferred taxation
2025
2024
Revaluation of investment property
14,570
8,250
Tax losses carried forward
(9,649)
(8,612)
Provision at start of year
(362)
-
Charged/(credited) to the profit and loss account
5,283
(362)
Provision at end of year
4,921
(362)
10
Transactions with related parties
Loans to related companies of £25,500 in 2023, were fully settled in the year.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).