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REGISTERED NUMBER: 11422579 (England and Wales)












Herar Homes Limited

Unaudited Financial Statements

for the Year Ended 30 June 2025






Herar Homes Limited (Registered number: 11422579)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Herar Homes Limited

Company Information
for the Year Ended 30 June 2025







Directors: Y Herar
R Herar





Registered office: 10 Lordswood Grange
Pudsey
LS28 8FA





Registered number: 11422579 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Herar Homes Limited (Registered number: 11422579)

Balance Sheet
30 June 2025

30.6.25 30.6.24
Notes £    £    £    £   
Fixed assets
Tangible assets 4 565 -
Investment property 5 111,475 111,475
112,040 111,475

Current assets
Cash at bank 8,187 9,576

Creditors
Amounts falling due within one year 6 42,730 42,700
Net current liabilities (34,543 ) (33,124 )
Total assets less current liabilities 77,497 78,351

Creditors
Amounts falling due after more than one
year

7

64,709

67,334
Net assets 12,788 11,017

Capital and reserves
Called up share capital 2 2
Retained earnings 12,786 11,015
12,788 11,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Herar Homes Limited (Registered number: 11422579)

Balance Sheet - continued
30 June 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 18 July 2025 and were signed on its behalf by:





R Herar - Director


Herar Homes Limited (Registered number: 11422579)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. Statutory information

Herar Homes Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, 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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

3. Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

Herar Homes Limited (Registered number: 11422579)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
Additions 754
At 30 June 2025 754
Depreciation
Charge for year 189
At 30 June 2025 189
Net book value
At 30 June 2025 565

5. Investment property
Total
£   
Fair value
At 1 July 2024
and 30 June 2025 111,475
Net book value
At 30 June 2025 111,475
At 30 June 2024 111,475

Fair value at 30 June 2025 is represented by:
£   
Valuation in 2025 111,475

If investment property had not been revalued it would have been included at the following historical cost:

30.6.25 30.6.24
£    £   
Cost 111,475 111,475

Investment property was valued on an open market basis on 30 June 2025 by the director .

Herar Homes Limited (Registered number: 11422579)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

6. Creditors: amounts falling due within one year
30.6.25 30.6.24
£    £   
Bank loans and overdrafts 2,246 1,867
Taxation and social security 283 707
Other creditors 40,201 40,126
42,730 42,700

7. Creditors: amounts falling due after more than one year
30.6.25 30.6.24
£    £   
Bank loans 64,709 67,334

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable after more than
five years

55,729

59,866

8. Secured debts

The following secured debts are included within creditors:

30.6.25 30.6.24
£    £   
Mortgage 66,955 69,201