| Home Choice Flooring Limited |
| Registered number: |
05615103 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
9 |
|
|
9 |
|
| Current assets |
| Investments held as current assets |
|
|
160,000 |
|
|
160,000 |
|
| Creditors: amounts falling due within one year |
4 |
|
(27,289) |
|
|
(31,289) |
|
| Net current assets |
|
|
|
132,711 |
|
|
128,711 |
|
| Net assets |
|
|
|
132,720 |
|
|
128,720 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
132,718 |
|
|
128,718 |
|
| Shareholder's funds |
|
|
|
132,720 |
|
|
128,720 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr T Farndon |
| Director |
| Approved by the board on 23 September 2025 |
|
| Home Choice Flooring Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
The company has not traded during the year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 January 2024 |
9 |
|
|
At 31 December 2024 |
9 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
14,280 |
|
31,280 |
|
Other creditors |
13,009 |
|
9 |
|
|
|
|
|
|
27,289 |
|
31,289 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Loans from directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Mr T Farndon |
|
Loan to company |
9 |
|
23,000 |
|
(10,000) |
|
13,009 |
|
|
|
9 |
|
23,000 |
|
(10,000) |
|
13,009 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
During the year the transferred assets and received loans from Home Choice Flooring (Hereford) Limited, the company owns 90% of the issued share capital of Home Choice Flooring (Hereford) Limited. At the end of the year the amount outstanding on this loan was £14,280. No interest has been charged on this loan. |
|
|
| 7 |
Controlling party |
|
|
Throughout the period the company was under the control of Mr T Farndon who owns 100% of the issued share capital.
|
|
|
| 8 |
Other information |
|
|
Home Choice Flooring Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
3 Holmer Terrace |
|
Holmer |
|
Hereford |
|
HR4 9RH |