REGISTERED NUMBER: 07920589 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

HAVERBRIDGE HOMES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr J A Brewis

Mrs C A Brewis

Secretary:

Mrs C A Brewis

Registered office:

5 Engayne Gardens

Upminster

Essex

RM14 1UY

Registered number:

07920589 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

189,902

74,154

Investments

5

1,526,109

1,526,109

1,716,011

1,600,263

Current assets

Stocks

2,700,000

1,400,000

Debtors

6

2,456,349

3,942,847

Cash at bank

35,716

12,291

5,192,065

5,355,138

Creditors

Amounts falling due within one year

7

6,756,981

6,744,899

Net current liabilities

(1,564,916

)

(1,389,761

)

Total assets less current liabilities

151,095

210,502

Creditors

Amounts falling due after more than one year

8

(3,495

)

(14,143

)

Provisions for liabilities

10

(47,476

)

(18,686

)

Net assets

100,124

177,673

Capital and reserves

Called up share capital

11

2

2

Retained earnings

100,122

177,671

Shareholders' funds

100,124

177,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr J A Brewis - Director

1.	Statutory information

Haverbridge 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Related party exemption

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 represents gross sales invoiced during the year excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Tangible fixed assets

Fixtures &

Motor

equipment

vehicles

Totals

£

£

£

Cost

At 1 January 2024

21,137

112,086

133,223

Additions

-

153,300

153,300

Disposals

-

(28,500

)

(28,500

)

At 31 December 2024

21,137

236,886

258,023

Depreciation

At 1 January 2024

10,257

48,812

59,069

Charge for year

1,632

21,893

23,525

Eliminated on disposal

-

(14,473

)

(14,473

)

At 31 December 2024

11,889

56,232

68,121

Net book value

At 31 December 2024

9,248

180,654

189,902

At 31 December 2023

10,880

63,274

74,154

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 January 2024

and 31 December 2024

1,526,109

Net book value

At 31 December 2024

1,526,109

At 31 December 2023

1,526,109

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

2,456,349

3,942,847

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

263,249

194,565

Taxation and social security

60,534

40,009

Other creditors

6,422,550

6,499,677

6,756,981

6,744,899

8.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans

3,495

14,143

9.	Secured debts

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

14,143

24,791

The bank loans are secured by way of a fixed charge over specific assets of the company.

10.	Provisions for liabilities

2024

2023

£

£

Deferred tax

47,476

18,686

Deferred tax

£

Balance at 1 January 2024

18,686

Charge to Statement of Income and Retained Earnings during year

28,790

Revaluation disposed

Balance at 31 December 2024

47,476

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

12.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr J A Brewis and Mrs C A Brewis

Balance outstanding at start of year

(2,490,557

)

(2,792,455

)

Amounts repaid

456,753

301,898

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,033,804

)

(2,490,557

)

13.	Related party disclosures

Included within other debtors due within one year is an amount of £2,157,438 (2023 - £3,756,343) due from Brewis Investments Ltd, a company which the directors have a material interest in.