Twenty One Homes Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11491106 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Twenty One Homes Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Pritchard

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

11491106 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

2,082,575

1,766,429

CURRENT ASSETS

Cash at bank and in hand

30,309

38,858

CREDITORS

Amounts falling due within one year

5

1,378,959

1,273,050

NET CURRENT LIABILITIES

(1,348,650

)

(1,234,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

733,925

532,237

CREDITORS

Amounts falling due after more than one
year

6

614,934

NET ASSETS/(LIABILITIES)

118,991

(82,697

)

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

176,136

-

Retained earnings

(57,146

)

(82,698

)

SHAREHOLDERS' FUNDS

118,991

(82,697

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

Mr A Pritchard - Director

1.	STATUTORY INFORMATION

Twenty One Homes Ltd 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.

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.

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

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST OR VALUATION

At 1 August 2024

1,758,564

449

11,732

2,860

1,773,605

Additions

142,159

-

142,159

Revaluations

176,136

-

176,136

At 31 July 2025

2,076,859

449

11,732

2,860

2,091,900

DEPRECIATION

At 1 August 2024

-

173

5,922

1,081

7,176

Charge for year

-

42

1,453

654

2,149

At 31 July 2025

-

215

7,375

1,735

9,325

NET BOOK VALUE

At 31 July 2025

2,076,859

234

4,357

1,125

2,082,575

At 31 July 2024

1,758,564

276

5,810

1,779

1,766,429

Cost or valuation at 31 July 2025 is represented by:

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Valuation in 2024

1,758,564

449

11,732

2,860

1,773,605

Valuation in 2025

318,295

-

318,295

2,076,859

449

11,732

2,860

2,091,900

If properties had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

Cost

1,893,081

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Other creditors

1,378,959

1,273,050

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

Bank loans

614,934

7.	RELATED PARTY DISCLOSURES

The director Mr A Pritchard is considered to be key management personnel.