Silverfin false false 31/12/2024 01/01/2024 31/12/2024 H S Bound 22/12/2020 S J Bound 22/12/2020 23 July 2025 The principal activity of the Company during the financial year was property development. 13095840 2024-12-31 13095840 bus:Director1 2024-12-31 13095840 bus:Director2 2024-12-31 13095840 2023-12-31 13095840 core:CurrentFinancialInstruments 2024-12-31 13095840 core:CurrentFinancialInstruments 2023-12-31 13095840 core:Non-currentFinancialInstruments 2024-12-31 13095840 core:Non-currentFinancialInstruments 2023-12-31 13095840 core:ShareCapital 2024-12-31 13095840 core:ShareCapital 2023-12-31 13095840 core:RetainedEarningsAccumulatedLosses 2024-12-31 13095840 core:RetainedEarningsAccumulatedLosses 2023-12-31 13095840 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-12-31 13095840 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-12-31 13095840 bus:OrdinaryShareClass1 2024-12-31 13095840 2024-01-01 2024-12-31 13095840 bus:FilletedAccounts 2024-01-01 2024-12-31 13095840 bus:SmallEntities 2024-01-01 2024-12-31 13095840 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13095840 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13095840 bus:Director1 2024-01-01 2024-12-31 13095840 bus:Director2 2024-01-01 2024-12-31 13095840 2023-01-01 2023-12-31 13095840 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 13095840 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 13095840 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13095840 (England and Wales)

H&S HOMEBOUND LTD

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

H&S HOMEBOUND LTD

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

H&S HOMEBOUND LTD

BALANCE SHEET

As at 31 December 2024
H&S HOMEBOUND LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Restated
Current assets
Stocks 3 0 16,999
Debtors 4 275,906 358,921
Cash at bank and in hand 432 15,760
276,338 391,680
Creditors: amounts falling due within one year 5 ( 115,304) ( 58,588)
Net current assets 161,034 333,092
Total assets less current liabilities 161,034 333,092
Creditors: amounts falling due after more than one year 6 ( 200,000) ( 200,000)
Net (liabilities)/assets ( 38,966) 133,092
Capital and reserves
Called-up share capital 7 2 2
Profit and loss account ( 38,968 ) 133,090
Total shareholder's (deficit)/funds ( 38,966) 133,092

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of H&S Homebound Ltd (registered number: 13095840) were approved and authorised for issue by the Board of Directors on 23 July 2025. They were signed on its behalf by:

S J Bound
Director
H&S HOMEBOUND LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
H&S HOMEBOUND LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

H&S Homebound Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Prior year adjustment

The prior year adjustment relates to the removal of dividends from the accounts for the year ended 31 December 2023.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax

Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Stocks

2024 2023
£ £
Stocks 0 16,999

4. Debtors

2024 2023
£ £
Amounts owed by related parties 234,952 215,673
Corporation tax 40,954 0
Other debtors 0 143,248
275,906 358,921

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 68,481 11,734
Accruals 3,500 5,900
Taxation and social security 43,323 40,954
115,304 58,588

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Amounts owed to directors 200,000 200,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2