Company Registration No. 11978441 (England and Wales)
Houmab Ltd
Unaudited accounts
for the year ended 31 December 2024
Houmab Ltd
Unaudited accounts
Contents
Houmab Ltd
Company Information
for the year ended 31 December 2024
Director
Houman Ashrafzadeh
Company Number
11978441 (England and Wales)
Registered Office
9 Devonshire Mews South
London
W1G 6QW
England
Accountants
Gains Accountants
Queen Elizabeth Olympic Park
Plexal, 14 East Bay Lane
London
E20 3BS
Houmab Ltd
Statement of financial position
as at 31 December 2024
Investments
119,381
119,381
Cash at bank and in hand
34,039
34,890
Creditors: amounts falling due within one year
(100,884)
65,517
Net current assets
94,698
124,407
Total assets less current liabilities
214,079
243,788
Creditors: amounts falling due after more than one year
(17,365)
(156,979)
Called up share capital
1
1
Profit and loss account
196,713
86,808
Shareholders' funds
196,714
86,809
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2025 and were signed on its behalf by
Houman Ashrafzadeh
Director
Company Registration No. 11978441
Houmab Ltd
Notes to the Accounts
for the year ended 31 December 2024
Houmab Ltd is a private company, limited by shares, registered in England and Wales, registration number 11978441. The registered office is 9 Devonshire Mews South, London, W1G 6QW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Houmab Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Investments
Other investments
Valuation at 1 January 2024
119,381
Valuation at 31 December 2024
119,381
Amounts falling due within one year
Trade debtors
1,800
24,000
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
77,662
36,977
Loans from directors
(10,291)
(138,050)
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
At the end of the financial year, a balance of £10,291 was owed to the company by Houman Ashrafzadeh (FY 2023: £138,050). This amount was fully repaid within nine months of the year-end.
11
Transactions with related parties
During the year, the company wrote off in full a capital loan of £52,611 given to its subsidiary (Homar Ltd) in the prior year. No further amounts are expected to be recovered in respect of this loan.
12
Average number of employees
During the year the average number of employees was 2 (2023: 0).