REGISTERED NUMBER: 11223619 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 December 2024

for

Houzecheck Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

A K Bansal

P Latham

T J Billings

REGISTERED OFFICE:

The Quarters

30-40 St. Albans Road

Watford

WD17 1RN

REGISTERED NUMBER:

11223619 (England and Wales)

ACCOUNTANTS:

Thickbroom Coventry Limited

Chartered Accountants

147a High Street

Waltham Cross

EN8 7AP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Houzecheck Limited for the period ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Houzecheck Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Houzecheck Limited and state those matters that we have agreed to state to the Board of Directors of Houzecheck Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Houzecheck Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Houzecheck Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Houzecheck Limited. You consider that Houzecheck Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Houzecheck Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Thickbroom Coventry Limited

Chartered Accountants

147a High Street

Waltham Cross

EN8 7AP

Date: .............................................

FIXED ASSETS

Intangible assets

4

125,169

157,773

Tangible assets

5

9,740

8,879

Investments

6

1

-

134,910

166,652

CURRENT ASSETS

Debtors

7

205,137

92,359

Cash at bank

1,556,391

46,343

1,761,528

138,702

CREDITORS

Amounts falling due within one year

8

(739,943

)

(803,567

)

NET CURRENT ASSETS/(LIABILITIES)

1,021,585

(664,865

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,156,495

(498,213

)

CREDITORS

Amounts falling due after more than one year

9

(98,272

)

(272,659

)

NET ASSETS/(LIABILITIES)

1,058,223

(770,872

)

CAPITAL AND RESERVES

Called up share capital

10

51,776

1,194

Share premium

2,116,959

192,283

Retained earnings

(1,110,512

)

(964,349

)

SHAREHOLDERS' FUNDS

1,058,223

(770,872

)

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 16 September 2025 and were signed on its behalf by:

A K Bansal - Director

1.	STATUTORY INFORMATION

Houzecheck 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.

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

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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.

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 statement of financial position date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

and 31 December 2024

273,871

AMORTISATION

At 1 March 2024

116,098

Charge for period

32,604

At 31 December 2024

148,702

NET BOOK VALUE

At 31 December 2024

125,169

At 29 February 2024

157,773

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 March 2024

362

47,696

48,058

Additions

-

7,781

7,781

At 31 December 2024

362

55,477

55,839

DEPRECIATION

At 1 March 2024

362

38,817

39,179

Charge for period

-

6,920

6,920

At 31 December 2024

362

45,737

46,099

NET BOOK VALUE

At 31 December 2024

-

9,740

9,740

At 29 February 2024

-

8,879

8,879

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

1

At 31 December 2024

1

NET BOOK VALUE

At 31 December 2024

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Trade debtors

3,022

6,237

Amounts owed by group undertakings

6,913

-

Other debtors

195,202

86,122

205,137

92,359

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts

115,927

115,927

Trade creditors

227,077

158,563

Taxation and social security

391,421

447,017

Other creditors

5,518

82,060

739,943

803,567

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans

98,272

194,878

Other creditors

-

77,781

98,272

272,659

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

1,193,964

Ordinary

£0.00

1

1,194

1,194

261,400

A Ordinary

£0.00

1

261

-

50,320,992

B Ordinary

£0.00

1

50,321

-

51,776

1,194

The following fully paid shares were allotted during the period at a premium as shown below:

261,400 A Ordinary shares of £0.001 each at 4.9p per share

50,320,992 B Ordinary shares of £0.001 each at 4.9p per share

11.	ULTIMATE CONTROLLING PARTY

Company is under the control of director A Bansal by virtue of his shareholding.