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Company Registration No. 10574997 (England and Wales)
TRANSCEND HOMES LIMITED Unaudited accounts for the year ended 31 January 2025
TRANSCEND HOMES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TRANSCEND HOMES LIMITED Company Information for the year ended 31 January 2025
Director
Jay BHUDIA
Company Number
10574997 (England and Wales)
Registered Office
UNIT 1 DERWENT BUSINESS CENTRE CLARKE STREET DERBY DE1 2BU ENGLAND
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TRANSCEND HOMES LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,142,474 
330,359 
Investment property
5
274,200 
274,200 
1,416,674 
604,559 
Current assets
Cash at bank and in hand
2,716 
532 
Creditors: amounts falling due within one year
6
(704,814)
(452,495)
Net current liabilities
(702,098)
(451,963)
Total assets less current liabilities
714,576 
152,596 
Creditors: amounts falling due after more than one year
7
(831,949)
(252,319)
Provisions for liabilities
Deferred tax
(2)
(2)
Net liabilities
(117,375)
(99,725)
Capital and reserves
Profit and loss account
(117,375)
(99,725)
Shareholders' funds
(117,375)
(99,725)
For the year ending 31 January 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 October 2025 and were signed on its behalf by
Jay BHUDIA Director Company Registration No. 10574997
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TRANSCEND HOMES LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
TRANSCEND HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10574997. The registered office is UNIT 1 DERWENT BUSINESS CENTRE, CLARKE STREET, DERBY, DE1 2BU, ENGLAND.
2
Compliance with accounting standards
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
330,000 
538 
330,538 
Additions
812,294 
- 
812,294 
At 31 January 2025
1,142,294 
538 
1,142,832 
Depreciation
At 1 February 2024
- 
179 
179 
Charge for the year
- 
179 
179 
At 31 January 2025
- 
358 
358 
Net book value
At 31 January 2025
1,142,294 
180 
1,142,474 
At 31 January 2024
330,000 
359 
330,359 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
274,200 
At 31 January 2025
274,200 
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TRANSCEND HOMES LIMITED Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
31,507 
35,964 
Other creditors
600 
- 
Loans from directors
672,707 
416,531 
704,814 
452,495 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
831,949 
252,319 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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