Acorah Software Products - Accounts Production 16.5.460 false true true 30 May 2024 31 May 2023 false 31 May 2024 30 May 2025 30 May 2025 07968414 Mr Reece Hama Mr Jasmohan Hayre iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07968414 2024-05-30 07968414 2025-05-30 07968414 2024-05-31 2025-05-30 07968414 frs-core:CurrentFinancialInstruments 2025-05-30 07968414 frs-core:Non-currentFinancialInstruments 2025-05-30 07968414 frs-core:ShareCapital 2025-05-30 07968414 frs-core:RetainedEarningsAccumulatedLosses 2025-05-30 07968414 frs-bus:PrivateLimitedCompanyLtd 2024-05-31 2025-05-30 07968414 frs-bus:FilletedAccounts 2024-05-31 2025-05-30 07968414 frs-bus:SmallEntities 2024-05-31 2025-05-30 07968414 frs-bus:AuditExempt-NoAccountantsReport 2024-05-31 2025-05-30 07968414 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-31 2025-05-30 07968414 frs-bus:Director1 2024-05-31 2025-05-30 07968414 frs-bus:Director2 2024-05-31 2025-05-30 07968414 frs-countries:EnglandWales 2024-05-31 2025-05-30 07968414 2023-05-30 07968414 2024-05-30 07968414 2023-05-31 2024-05-30 07968414 frs-core:CurrentFinancialInstruments 2024-05-30 07968414 frs-core:Non-currentFinancialInstruments 2024-05-30 07968414 frs-core:ShareCapital 2024-05-30 07968414 frs-core:RetainedEarningsAccumulatedLosses 2024-05-30
Registered number: 07968414
Hama Homes Limited
Unaudited Financial Statements
For The Year Ended 30 May 2025
Engage Accountancy Limited
Hama Homes Limited
Contents
Contents

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

Page 1
Hama Homes Limited
Balance Sheet
As At 30 May 2025
Balance Sheet
Registered number: 07968414

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | - |  | 392,160 |
Debtors | 5 | - |  | 38,274 |
Cash at bank and in hand |  | 425,058 |  | 318,581 |
|  | 425,058 |  | 749,015 |
Creditors: Amounts Falling Due Within One Year | 6 | (590,008 ) |  | (735,361 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (164,950 ) |  | 13,654
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (164,950 ) |  | 13,654
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (13,167 ) |  | (17,000 )
NET LIABILITIES |  |  | (178,117 ) |  | (3,346 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1 |  | 1
Profit and Loss Account |  |  | (178,118 ) |  | (3,347 )
SHAREHOLDERS' FUNDS |  |  | (178,117) |  | (3,346)

For the year ending 30 May 2025 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

Mr Jasmohan Hayre Director
07/10/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Hama Homes Limited
Notes to the Financial Statements
For The Year Ended 30 May 2025
Notes to the Financial Statements
1. General Information
Hama Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07968414 . The registered office is 3 Bear Hill, Alvechurch, Birmingham, Worcestershire, B48 7JX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts are prepared on a going concern basis whch assumes the continuing financial support of the creditors.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the sale of development properties.
Revenue from the sale of properties is recognised when the significant risks and rewards of ownership of the properties have passed to the buyer, usually when legally binding contracts which are irrevocable and unconditional are exchanged.
Revenue is, therefore, recognised when legal title passes to the purchaser, on completion.
2.4. Stocks and Work in Progress
Work in progress, which is stated at the lower of cost and net realisable value, comprises development properties and includes original cost of purchase together with all development costs incurred to date, including professional fees.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | - |  | 392,160

Page 2
Page 3
Hama Homes Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 May 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | - |  | 38,274

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 533 |  | -
Bank loans and overdrafts | 3,500 |  | 3,000
Amounts owed to participating interests | 536,082 |  | 728,082
Other creditors | 1,401 |  | 1,400
Taxation and social security | 48,492 |  | 2,879
| 590,008 |  | 735,361

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 13,167 |  | 17,000

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

9. Related Party Transactions
At 30 May 2025, £536,082 (2024 £728,082) was owed to other related parties.
Page 3