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Registration number: 08123578

The House Flipper Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 30 June 2025

The House Flipper Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2
Notes to the Unaudited Abridged Financial Statements | 3 to 5

The House Flipper Limited

Company Information

Director | Mr Steven Hardy

Registered office | 3 Ashview Close Long Eaton Nottingham Nottinghamshire NG10 3QA

Accountants | Mr John Graham Eardley Chartered AccountantEardley & Co ltd Borrowash Borrowash Derby Derbyshire DE72 3JZ

The House Flipper Limited

(Registration number: 08123578)
Abridged Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 81,655 | 81,695
Current assets |  |  |
Cash at bank and in hand |  | 644 | 2,995
Creditors: Amounts falling due within one year |  | (82,294) | (83,935)
Net current liabilities |  | (81,650) | (80,940)
Net assets |  | 5 | 755
Capital and reserves |  |  |
Called up share capital | 5 | 2 | 2
Retained earnings |  | 3 | 753
Shareholders' funds |  | 5 | 755

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 September 2025

......................................... Mr Steven Hardy Director

The House Flipper Limited

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

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
3 Ashview Close
Long Eaton
Nottingham
Nottinghamshire
NG10 3QA
England

These financial statements were authorised for issue by the director on 15 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents gross rent received from freehold properties held as investments by the company.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

The House Flipper Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Equipment | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

The House Flipper Limited

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

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 81,494 | 943 | 82,437
At 30 June 2025 | 81,494 | 943 | 82,437
Depreciation
At 1 July 2024 | - | 742 | 742
Charge for the year | - | 40 | 40
At 30 June 2025 | - | 782 | 782
Carrying amount
At 30 June 2025 | 81,494 | 161 | 81,655
At 30 June 2024 | 81,494 | 201 | 81,695

Included within the net book value of land and buildings above is £81,494 (2024 - £81,494) in respect of freehold land and buildings.

5 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
ordinary of £1 each | 2 | 2 | 2 | 2