REGISTERED NUMBER: 03665558 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

HOME-SPEC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P D Jones

SECRETARY:

Mrs M A K Jones

REGISTERED OFFICE:

6 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

REGISTERED NUMBER:

03665558 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Chartered Certified Accountants

6 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Tangible assets

4

1,340

703

CURRENT ASSETS

Work in progress

6,466

14,414

Debtors

5

10,186

2,400

Cash at bank and in hand

22,442

28,805

39,094

45,619

CREDITORS

Amounts falling due within one year

6

38,052

42,731

NET CURRENT ASSETS

1,042

2,888

TOTAL ASSETS LESS CURRENT LIABILITIES

2,382

3,591

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,282

3,491

SHAREHOLDERS' FUNDS

2,382

3,591

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2025 and were signed by:

P D Jones - Director

1.	STATUTORY INFORMATION

Home-spec 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.

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.

Turnover

Turnover represents services provided during the year, excluding value added tax.

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 etc

-

25% on reducing balance

Work in progress

Work in progress is valued by taking account of the relevant proportion of sales invoices raised after the year end date, relating to work completed prior to the year end date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

16,335

Additions

1,082

At 31 January 2025

17,417

DEPRECIATION

At 1 February 2024

15,632

Charge for year

445

At 31 January 2025

16,077

NET BOOK VALUE

At 31 January 2025

1,340

At 31 January 2024

703

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

10,186

2,400

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,902

3,735

Taxation and social security

26,585

26,920

Other creditors

9,565

12,076

38,052

42,731

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

P D Jones

Balance outstanding at start of year

-

19,014

Amounts repaid

-

(19,014

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-