Company registration number 01892610 (England and Wales)
INVERHOME LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
INVERHOME LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
INVERHOME LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
331,969
359,394
Current assets
Debtors
4
2,418,610
2,327,230
Cash at bank and in hand
457,950
302,135
2,876,560
2,629,365
Creditors: amounts falling due within one year
5
(899,913)
(1,018,765)
Net current assets
1,976,647
1,610,600
Net assets
2,308,616
1,969,994
Capital and reserves
Called up share capital
94,000
94,000
Capital redemption reserve
40,000
40,000
Profit and loss reserves
2,174,616
1,835,994
Total equity
2,308,616
1,969,994

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 November 2025
M M Rye
Director
Company registration number 01892610 (England and Wales)
INVERHOME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Inverhome Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lakeside, Newstead Abbey, Nottingham, NG15 8GE. The company registration number is 01892610.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown gross.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% on cost
Improvements to property
10% on cost
Fixtures and fittings
20% on cost
Computers
20% on cost
Motor vehicles
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments
Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

INVERHOME LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Loans and borrowings

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
89
93
INVERHOME LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Tangible fixed assets
Freehold land and buildings
Improvements to property
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 April 2024
906,070
139,831
485,456
1,533
164,569
1,697,459
Disposals
-
0
-
0
-
0
-
0
(10,700)
(10,700)
At 31 March 2025
906,070
139,831
485,456
1,533
153,869
1,686,759
Depreciation and impairment
At 1 April 2024
612,671
92,788
476,011
56
156,539
1,338,065
Depreciation charged in the year
18,121
4,705
2,242
307
2,050
27,425
Eliminated in respect of disposals
-
0
-
0
-
0
-
0
(10,700)
(10,700)
At 31 March 2025
630,792
97,493
478,253
363
147,889
1,354,790
Carrying amount
At 31 March 2025
275,278
42,338
7,203
1,170
5,980
331,969
At 31 March 2024
293,399
47,043
9,445
1,477
8,030
359,394
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
96,900
196,673
Other debtors
2,281,549
2,099,240
Prepayments and accrued income
40,161
31,317
2,418,610
2,327,230
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,727
43,705
Corporation tax
120,849
30,681
Other taxation and social security
98,941
88,143
Other creditors
599,598
786,426
Accruals and deferred income
77,798
69,810
899,913
1,018,765
INVERHOME LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
6
Related party transactions

All transactions that took place were on normal commercial terms and on an arms length basis and therefore no further disclosure is required by FRS102 Section 1A

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