Home For Life (Investments) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01989361 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Home For Life (Investments) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

286

381

Current assets

Stocks

3,355,654

4,415,180

Debtors

5

9,452,640

7,951,133

Cash at bank

93,984

429,077

12,902,278

12,795,390

Creditors

Amounts falling due within one year

6

3,545,785

3,566,097

Net current assets

9,356,493

9,229,293

Total assets less current liabilities

9,356,779

9,229,674

Capital and reserves

Called up share capital

7

2,850,000

Retained earnings

8

6,506,779

6,379,674

Shareholders' funds

9,356,779

9,229,674

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:

R A Green - Director

1.	Statutory information

Home For Life (Investments) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01989361

Registered office:

First Floor 7 Cadbury Close

1379 High Road

London

N20 9BD

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.

Turnover

Turnover comprises proceeds from the sales of interests in reversion of sheltered retirement housing, sale of shares and farm products.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Stocks

Stock comprises reversionary interests which are valued at the lower of cost and net realisable value. The cost of the reversionary interest is dependent on the age and life expectancy of the tenant holding the interest. The company also holds shares as trading stock.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred tax

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	Employees and directors

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

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 July 2024

and 30 June 2025

15,543

Depreciation

At 1 July 2024

15,162

Charge for year

95

At 30 June 2025

15,257

Net book value

At 30 June 2025

286

At 30 June 2024

381

5.

Debtors: amounts falling due within one year

2025

2024

£

Amounts owed by group undertakings

9,419,467

7,905,467

Other debtors

33,173

45,666

9,452,640

7,951,133

6.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

1,846

5,033

Preference shares

3,500,000

Corporation tax

39,199

56,564

Other creditors

4,740

4,500

3,545,785

3,566,097

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2,850,000

Ordinary

£1

2,850,000

8.

Reserves

Retained

earnings

£

At 1 July 2024

6,379,674

Profit for the year

127,105

At 30 June 2025

6,506,779

9.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	Ultimate controlling party

The controlling party is Home for Life Limited.

The ultimate parent company is Home for Life (Housing) Limited, a company controlled by D A Green and V A Green.