Student Homes and Houses Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13800464

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		651,640		651,640

			651,640		651,640
CURRENT ASSETS
Cash at bank and in hand		2,240		1,874

		2,240		1,874
Creditors: Amounts Falling Due Within One Year	5	(652,812 )		(652,221 )

NET CURRENT ASSETS (LIABILITIES)			(650,572 )		(650,347 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,068		1,293

NET ASSETS			1,068		1,293

CAPITAL AND RESERVES
Called up share capital	6		625		625
Profit and Loss Account			443		668

SHAREHOLDERS' FUNDS			1,068		1,293

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Karen Holcombe

Director

20/08/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Student Homes and Houses Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13800464 . The registered office is Office 2.05 Clockwise, Old Town Hall, 30 Tweedy Road, Bromley, BR1 3FE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

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.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

A company is permitted to present a Statement of Income and Retained Earnings in place of a Statement of Comprehensive Income and a Statement of Changes in Equity if the only changes to its equity during the periods presented arise from profit or loss, payment of dividends and prior period adjustments. This exemption has been applied in these unaudited annual financial

statements.

The Company was entitled to exemption from audit under Section 477 of the Companies Act 2006 related to small companies.

2.2. Going Concern Disclosure

The Directors are of the opinion that the Company is a going concern and will continue to provide financial support to the Company as required.

2.3. Investment Properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

2.4. Trade Debtors

Trade and other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment, except where the effect of discounting would be immaterial.

In such cases debtors are stated at transaction price less impairment losses. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the transaction.

2.5. Trade Creditors

Trade and other creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, except where the effect of discounting would be immaterial. In such cases creditors are stated at transaction price.

2.6. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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Student Homes and Houses Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	651,640

Investment property represents the completed acquisition of 5 Colum Road.

The Directors consider the value above to reflect fair market value.

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	2,035	2,120
Directors' loan accounts	650,777	650,101

	652,812	652,221

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	625	625

7. Related Party Transactions

The Directors are related parties of the Company and as at the year-end date the Company owed the Directors £650,777 (2023: £650,101) being £450,082 (2023: £450,075) to K Holcombe and £200,695 (2023: £200,026) to M Holcombe. The loans are unsecured, interest-free and have no fixed terms of repayment.

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