Filleted

Registration number: 15462251

Huggi Homes Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 5

Huggi Homes Ltd

Company Information

Director

Mrs J M Pawluk

Registered office

Llys Deri Parc Pensarn Carmarthen SA31 2NF

Huggi Homes Ltd

(Registration number: 15462251)
Balance Sheet as at 31 March 2025

	Note	2025 £
Fixed assets
Tangible assets	5	240
Current assets
Cash at bank and in hand		15,725
Creditors: Amounts falling due within one year	6	(39,158)
Net current liabilities		(23,433)
Net liabilities		(23,193)
Capital and reserves
Called up share capital		1
Profit and loss account		(23,194)
Total equity		(23,193)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 24 October 2025
 

......................................... Mrs J M Pawluk Director

Huggi Homes Ltd

Notes to the Financial Statements for the Period from 2 February 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Llys Deri
Parc Pensarn
Carmarthen
SA31 2NF

These financial statements were authorised for issue by the director on 24 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% reducing balance basis

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.

Huggi Homes Ltd

Notes to the Financial Statements for the Period from 2 February 2024 to 31 March 2025

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2025 £
Depreciation expense	60

5	Tangible assets

	Office equipment £	Total £
Cost or valuation
Additions	300	300
At 31 March 2025	300	300
Depreciation
Charge for the period	60	60
At 31 March 2025	60	60
Carrying amount
At 31 March 2025	240	240

Huggi Homes Ltd

Notes to the Financial Statements for the Period from 2 February 2024 to 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Directors' loan accounts	8	38,799
Other creditors		359
		39,158