0 false false false false false false false false false false true false false false false false true No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 18,545,345 92,699 18,638,044 18,638,044 18,545,345 xbrli:pure xbrli:shares iso4217:GBP 13848478 2023-02-01 2024-01-31 13848478 2024-01-31 13848478 2023-01-31 13848478 2022-01-14 2023-01-31 13848478 2023-01-31 13848478 2022-01-13 13848478 bus:Director2 2023-02-01 2024-01-31 13848478 core:LandBuildings core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13848478 core:AfterOneYear 2024-01-31 13848478 core:AfterOneYear 2023-01-31 13848478 core:WithinOneYear 2024-01-31 13848478 core:WithinOneYear 2023-01-31 13848478 core:ShareCapital 2024-01-31 13848478 core:ShareCapital 2023-01-31 13848478 core:SharePremium 2024-01-31 13848478 core:SharePremium 2023-01-31 13848478 core:RetainedEarningsAccumulatedLosses 2024-01-31 13848478 core:RetainedEarningsAccumulatedLosses 2023-01-31 13848478 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-31 13848478 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 13848478 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 13848478 bus:SmallEntities 2023-02-01 2024-01-31 13848478 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13848478 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13848478 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13848478 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 13848478

BOREHAMWOOD HOMES LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDING

31 January 2024

BOREHAMWOOD HOMES LTD

STATEMENT OF FINANCIAL POSITION

31 January 2024

| 2024 | 2023
Note | £ | £ | £ | £

FIXED ASSETS

Investment property | 4 |  | 18,638,044 |  | 18,545,345

CURRENT ASSETS

Debtors | 5 | 165,380 |  | 372,589 |
Cash at bank and in hand | 18,456 |  | – |
| --------- |  | --------- |
| 183,836 |  | 372,589 |

CREDITORS: amounts falling due within one year | 6 | ( 325,708) |  | ( 397,117) |
| --------- |  | --------- |
NET CURRENT LIABILITIES |  | ( 141,872) |  | ( 24,528)
|  | ------------- |  | -------------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 18,496,172 |  | 18,520,817

CREDITORS: amounts falling due after more than one year | 7 |  | ( 19,825,652) |  | ( 18,935,148)
|  | ------------- |  | -------------
NET LIABILITIES |  | ( 1,329,480) |  | ( 414,331)
|  | ------------- |  | -------------

CAPITAL AND RESERVES

Called up share capital |  | 100 |  | 100
Share premium account |  | 705,293 |  | 705,293
Profit and loss account |  | ( 2,034,873) |  | ( 1,119,724)
|  | ------------ |  | ------------
SHAREHOLDERS DEFICIT |  | ( 1,329,480) |  | ( 414,331)
|  | ------------ |  | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 January 2024 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

BOREHAMWOOD HOMES LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2024
These financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:

R Symonds |
Director |

Company registration number: 13848478

BOREHAMWOOD HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 - 22 Bridge End, Leeds, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have also been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed the ongoing support of the creditors.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.
Income tax
Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.
Investment property
Tangible assets are initially recorded at cost, and subsequently state at cost less any accumulated depreciation.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. INVESTMENT PROPERTY

| Investment property
| £
Cost |
At 1 February 2023 | 18,545,345
Additions | 92,699
| -------------
At 31 January 2024 | 18,638,044
| -------------
Depreciation |
At 1 February 2023 and 31 January 2024 | –
| -------------
Carrying amount |
At 31 January 2024 | 18,638,044
| -------------
At 31 January 2023 | 18,545,345
| -------------

5. DEBTORS

| 2024 | 2023
| £ | £
Trade debtors | – | 4,342
Other debtors | 165,380 | 368,247
| --------- | ---------
| 165,380 | 372,589
| --------- | ---------

6. CREDITORS: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 108,096 | 307,462
Other creditors | 217,612 | 89,655
| --------- | ---------
| 325,708 | 397,117
| --------- | ---------

7. CREDITORS: amounts falling due after more than one year

| 2024 | 2023
| £ | £
Bank loans and overdrafts | 12,043,215 | 12,043,238
Other creditors | 7,782,437 | 6,891,910
| ------------- | -------------
| 19,825,652 | 18,935,148
| ------------- | -------------