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Company Registration No. 05983531 (England and Wales)
Mr Homes Estate Agents Ltd Unaudited accounts for the year ended 31 December 2024
Mr Homes Estate Agents Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Mr Homes Estate Agents Ltd Company Information for the year ended 31 December 2024
Directors
Michael Roach Anthony Parris David Huckle
Company Number
05983531 (England and Wales)
Registered Office
SUITE 9/10 HOMES HOUSE 253 COWBRIDGE ROAD WEST CARDIFF CF5 5TD WALES
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
- 3 -
Mr Homes Estate Agents Ltd Accountants' report
Accountants' report to the board of directors of Mr Homes Estate Agents Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mr Homes Estate Agents Ltd for the year ended 31 December 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Mr Homes Estate Agents Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Mr Homes Estate Agents Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mr Homes Estate Agents Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mr Homes Estate Agents Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mr Homes Estate Agents Ltd. You consider that Mr Homes Estate Agents Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Mr Homes Estate Agents Ltd. 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 accounts.
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD 21 September 2025
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Mr Homes Estate Agents Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
5,400 
10,800 
Tangible assets
5
1,129,657 
1,137,290 
1,135,057 
1,148,090 
Current assets
Debtors
6
73,370 
43,113 
Cash at bank and in hand
666,314 
733,086 
739,684 
776,199 
Creditors: amounts falling due within one year
7
(738,996)
(772,648)
Net current assets
688 
3,551 
Total assets less current liabilities
1,135,745 
1,151,641 
Creditors: amounts falling due after more than one year
8
(871,068)
(873,011)
Net assets
264,677 
278,630 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
264,577 
278,530 
Shareholders' funds
264,677 
278,630 
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 directors acknowledge their 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 of Directors and authorised for issue on 21 September 2025 and were signed on its behalf by
Michael Roach Director Company Registration No. 05983531
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Mr Homes Estate Agents Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Mr Homes Estate Agents Ltd is a private company, limited by shares, registered in England and Wales, registration number 05983531. The registered office is SUITE 9/10 HOMES HOUSE, 253 COWBRIDGE ROAD WEST, CARDIFF, CF5 5TD, WALES.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Land & buildings
Not depreciated
Motor vehicles
25% reducing balance
Fixtures & fittings
4 years
Computer equipment
3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 6 -
Mr Homes Estate Agents Ltd Notes to the Accounts for the year ended 31 December 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
54,000 
At 31 December 2024
54,000 
Amortisation
At 1 January 2024
43,200 
Charge for the year
5,400 
At 31 December 2024
48,600 
Net book value
At 31 December 2024
5,400 
At 31 December 2023
10,800 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
1,129,657 
75,374 
3,836 
8,838 
1,217,705 
At 31 December 2024
1,129,657 
75,374 
3,836 
8,838 
1,217,705 
Depreciation
At 1 January 2024
- 
67,741 
3,836 
8,838 
80,415 
Charge for the year
- 
7,633 
- 
- 
7,633 
At 31 December 2024
- 
75,374 
3,836 
8,838 
88,048 
Net book value
At 31 December 2024
1,129,657 
- 
- 
- 
1,129,657 
At 31 December 2023
1,129,657 
7,633 
- 
- 
1,137,290 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
73,113 
43,113 
Other debtors
257 
- 
73,370 
43,113 
- 7 -
Mr Homes Estate Agents Ltd Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
23,259 
23,457 
Trade creditors
13,197 
7,606 
Taxes and social security
7,885 
15,882 
Other creditors
176,406 
166,696 
Loans from directors
516,349 
549,457 
Accruals
- 
9,550 
Deferred income
1,900 
- 
738,996 
772,648 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
871,068 
873,011 
9
Average number of employees
During the year the average number of employees was 14 (2023: 14).
- 8 -