Company No: 08871356 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

C M Addison

REGISTERED OFFICE	14 London Road
	Newark
	NG24 1TW
	United Kingdom

COMPANY NUMBER

08871356 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	1,381,463		1,381,463
Investments	4	197,921		297,921
		1,579,384		1,679,384
Current assets
Debtors	5	81,168		104,291
Cash at bank and in hand		2,977		1,924
		84,145		106,215
Creditors: amounts falling due within one year	6	( 145,969)		( 210,605)
Net current liabilities		(61,824)		(104,390)
Total assets less current liabilities		1,517,560		1,574,994
Creditors: amounts falling due after more than one year	7	( 398,257)		( 498,287)
Provision for liabilities		( 203,364)		( 154,558)
Net assets		915,939		922,149
Capital and reserves
Called-up share capital	8	921		921
Fair value reserve		16,637		65,443
Undistributable reserve		54,049		54,049
Profit and loss account		844,332		801,736
Total shareholders' funds		915,939		922,149

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Addhomes Ltd (registered number: 08871356) were approved and authorised for issue by the Director on 16 September 2025. They were signed on its behalf by:

C M Addison Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Addhomes Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 14 London Road, Newark, NG24 1TW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
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.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	1,381,463
As at 31 March 2025	1,381,463

Historic cost

If investment property had not been revalued it would have been included at the following historical cost:

	2025		2024
	£		£
Historic cost	1,160,000		1,160,000

Investment property was valued on an open market basis on 31 March 2024 by the director.

4. Fixed asset investments

	Loans		Other investments		Total
	£		£		£
Cost or valuation before impairment
At 01 April 2024	297,000		921		297,921
Disposals	( 100,000)		0		( 100,000)
At 31 March 2025	197,000		921		197,921
Carrying value at 31 March 2025	197,000		921		197,921
Carrying value at 31 March 2024	297,000		921		297,921

5. Debtors

	2025		2024
	£		£
Trade debtors	525		525
Other debtors	80,643		103,766
	81,168		104,291

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	2,185		0
Other creditors	143,784		210,605
	145,969		210,605

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

	2025		2024
	£		£
Bank loans	398,257		498,287

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
921 A ordinary shares of £ 1.00 each	921		921