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REGISTERED NUMBER: 04069169 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FLINTFIELD HOMES LIMITED

FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLINTFIELD HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G Rudd
Mrs M Rudd





SECRETARY: Mrs M Rudd





REGISTERED OFFICE: Flintfield Farm
Mount Bures
Sudbury
Suffolk
CO8 5AY





REGISTERED NUMBER: 04069169 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)

BALANCE SHEET
31 DECEMBER 2024

31.12.23 31.12.24
£    £    Notes £    £   
FIXED ASSETS
770 Tangible assets 4 1,001
1,447,525 Investment property 5 1,495,000
1,448,295 1,496,001

CURRENT ASSETS
- Debtors 6 1,228
376 Cash at bank 1,400
376 2,628
CREDITORS
135,483 Amounts falling due within one year 7 146,090
(135,107 ) NET CURRENT LIABILITIES (143,462 )
1,313,188 TOTAL ASSETS LESS CURRENT
LIABILITIES

1,352,539

54,193 PROVISIONS FOR LIABILITIES 67,882
1,258,995 NET ASSETS 1,284,657

CAPITAL AND RESERVES
5,000 Called up share capital 5,000
152,581 Revaluation reserve 8 264,242
1,101,414 Retained earnings 1,015,415
1,258,995 SHAREHOLDERS' FUNDS 1,284,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)

BALANCE SHEET - continued
31 DECEMBER 2024


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 16 July 2025 and were signed on its behalf by:





G Rudd - Director


FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Flintfield 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 each asset over its estimated useful life.

Plant and machinery - 25% straight line
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

Investment property
The investment properties are stated at market value at the balance sheet date. Such investments are initially recorded at cost, and then revalued each year. Any movements in the values made under 'old' UK GAAP were taken to the revaluation reserve, unless the revalued amount is less than original cost, in which case the deficit was taken to the profit and loss account.

Any revaluation gains or losses undertaken under the period of the company using FRS 102 are taken directly to the profit and loss account.

No depreciation is provided in respect of investment properties as they are revalued annually.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.


FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Rental income
The company derives its income from renting out residential properties. The rents are accounted for on the accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Totals machinery vehicles equipment
£    £    £    £   
COST
At 1 January 2024 30,218 4,920 24,925 373
Additions 573 - - 573
At 31 December 2024 30,791 4,920 24,925 946
DEPRECIATION
At 1 January 2024 29,448 4,151 24,924 373
Charge for year 342 198 1 143
At 31 December 2024 29,790 4,349 24,925 516
NET BOOK VALUE
At 31 December 2024 1,001 571 - 430
At 31 December 2023 770 769 1 -

5. INVESTMENT PROPERTY


FLINTFIELD HOMES LIMITED (REGISTERED NUMBER: 04069169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. INVESTMENT PROPERTY - continued


Investment properties were formally revalued on 13 February 2016 by Andrew Hurley, a sales manager at By Choice. The basis of this valuation was market value. The directors have reviewed the valuations as at 31 December 2024 and values have been updated.

The historical cost amounts to £1,163,066 (2023 - £1,163,066). No depreciation is provided.

The fair value at 31 December 2024 is represented by:

£
Original cost 1,163,066
Uplift in valuation - 31 December 2013 43,371
Uplift in valuation - 31 December 2014 40,000
Uplift in valuation - 31 December 2015 105,000
Uplift in valuation - 31 December 2021 60,000
Uplift in valuation - 31 December 2022 36,088
Uplift in valuation - 31 December 2024 47,475
1,495,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 1,228 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - 45
Taxation and social security 7,725 10,554
Other creditors 138,365 124,884
146,090 135,483

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024 152,581
Deferred tax adjustment (13,645 )
Transfer between reserves 125,306

At 31 December 2024 264,242