REGISTERED NUMBER: 09252695 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 30 JUNE 2025

FOR

PROSPECT HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Patel

Ms R Patel

REGISTERED OFFICE:

204 Field End Road

Pinner

Middlesex

HA5 1RD

REGISTERED NUMBER:

09252695 (England and Wales)

ACCOUNTANTS:

Waterfords Europe Limited t/a Jon Avol Waterfords

204 Field End Road

Eastcote

Middlesex

HA5 1RD

FIXED ASSETS

Investments

4

7

7

CURRENT ASSETS

Debtors

5

797,031

948,831

Cash at bank and in hand

14,537

19,334

811,568

968,165

CREDITORS

Amounts falling due within one year

6

(539,408

)

(668,928

)

NET CURRENT ASSETS

272,160

299,237

TOTAL ASSETS LESS CURRENT LIABILITIES

272,167

299,244

CREDITORS

Amounts falling due after more than one year

7

-

(25,818

)

NET ASSETS

272,167

273,426

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

271,867

273,126

SHAREHOLDERS' FUNDS

272,167

273,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by:

Mr S Patel - Director

1.	STATUTORY INFORMATION

Prospect Homes 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.

Investments in associates

Investments in associate undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 January 2024

and 30 June 2025

7

NET BOOK VALUE

At 30 June 2025

7

At 31 December 2023

7

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Other debtors

797,031

948,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.12.23

£

£

Taxation and social security

2,270

2,270

Other creditors

537,138

666,658

539,408

668,928

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

31.12.23

£

£

Other creditors

-

25,818

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £328,378 (2023: £327,658) owed to Mr S Patel.