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REGISTERED NUMBER: 11642970 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

IN THE HOUSE PROPERTIES LTD

IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IN THE HOUSE PROPERTIES LTD

COMPANY INFORMATION
for the Year Ended 31 OCTOBER 2024







DIRECTOR: D J Howard





REGISTERED OFFICE: 327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN





REGISTERED NUMBER: 11642970 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 176,000 118,236

CURRENT ASSETS
Debtors 5 - 5,550
Cash at bank 439 475
439 6,025
CREDITORS
Amounts falling due within one year 6 45,618 43,306
NET CURRENT LIABILITIES (45,179 ) (37,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,821

80,955

CREDITORS
Amounts falling due after more than one
year

7

82,735

82,746
NET ASSETS/(LIABILITIES) 48,086 (1,791 )

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 9 57,764 -
Retained earnings (9,679 ) (1,792 )
48,086 (1,791 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 28 August 2025 and were signed by:





D J Howard - Director


IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 OCTOBER 2024

1. STATUTORY INFORMATION

In The House Properties Ltd 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 discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 118,236
Revaluations 57,764
At 31 October 2024 176,000
NET BOOK VALUE
At 31 October 2024 176,000
At 31 October 2023 118,236

The investment property was valued on a fair value basis on 31 October 2024 by the director.

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 57,764
Cost 118,236
176,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 5,550

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors - 675
Other creditors 45,618 42,631
45,618 43,306

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 82,735 82,746

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 82,735 82,746

IN THE HOUSE PROPERTIES LTD (REGISTERED NUMBER: 11642970)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 OCTOBER 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Bank loans 82,735 82,746

The loan is secured on the investment property.

9. RESERVES
Revaluation
reserve
£   
Property revaluation 57,764

At 31 October 2024 57,764

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
D J Howard
Balance outstanding at start of year (206 ) (206 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (206 ) (206 )

11. RELATED PARTY DISCLOSURES

At the year end the company owed £43,876 to DJH Entertainment Limited, a company where D J Howard is a director and shareholder.

12. ULTIMATE CONTROLLING PARTY

The controlling party is D J Howard.