IRIS Accounts Production v25.4.0.155 Choice Housing Limited 09331026 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09331026 2024-03-31 09331026 2025-03-31 09331026 2024-04-01 2025-03-31 09331026 2023-03-31 09331026 2023-04-01 2024-03-31 09331026 2024-03-31 09331026 1 2024-04-01 2025-03-31 09331026 ns15:EnglandWales 2024-04-01 2025-03-31 09331026 ns14:PoundSterling 2024-04-01 2025-03-31 09331026 ns10:Director1 2024-04-01 2025-03-31 09331026 ns10:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 09331026 ns10:SmallEntities 2024-04-01 2025-03-31 09331026 ns10:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09331026 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09331026 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09331026 ns10:FullAccounts 2024-04-01 2025-03-31 09331026 ns10:Director2 2024-04-01 2025-03-31 09331026 ns10:RegisteredOffice 2024-04-01 2025-03-31 09331026 ns5:CurrentFinancialInstruments 2025-03-31 09331026 ns5:CurrentFinancialInstruments 2024-03-31 09331026 ns5:Non-currentFinancialInstruments 2025-03-31 09331026 ns5:Non-currentFinancialInstruments 2024-03-31 09331026 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 09331026 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 09331026 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09331026 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09331026 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 09331026 ns5:FurnitureFittings 2024-04-01 2025-03-31 09331026 ns5:ComputerEquipment 2024-04-01 2025-03-31 09331026 ns5:LeaseholdImprovements 2024-03-31 09331026 ns5:FurnitureFittings 2024-03-31 09331026 ns5:ComputerEquipment 2024-03-31 09331026 ns5:LeaseholdImprovements 2025-03-31 09331026 ns5:FurnitureFittings 2025-03-31 09331026 ns5:ComputerEquipment 2025-03-31 09331026 ns5:LeaseholdImprovements 2024-03-31 09331026 ns5:FurnitureFittings 2024-03-31 09331026 ns5:ComputerEquipment 2024-03-31 09331026 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09331026 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09331026 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 09331026 1 ns10:Director1 2024-03-31 09331026 1 ns10:Director1 2023-03-31 09331026 1 ns10:Director1 2024-04-01 2025-03-31 09331026 1 ns10:Director1 2023-04-01 2024-03-31 09331026 1 ns10:Director1 2025-03-31 09331026 1 ns10:Director1 2024-03-31

REGISTERED NUMBER: 09331026 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Choice Housing |

| Choice Housing (Registered number: 09331026) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Statement of Financial Position | 3 |

| Notes to the Financial Statements | 4 |

| Choice Housing |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | R W Mellors

| Miss A E Mellors

| REGISTERED OFFICE: | Turbine Business Centre

| Coach Close

| Shireoaks

| Worksop

| Nottinghamshire

| S81 8AP

| REGISTERED NUMBER: | 09331026 (England and Wales)

| ACCOUNTANTS: | Wright Vigar Limited

| Chartered Accountants & Business Advisers

| Chancery Court

| 34 West Street

| Retford

| Nottinghamshire

| DN22 6ES

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Choice Housing

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Choice Housing for the year ended 31 March 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Choice Housing, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Choice Housing and state those matters that we have agreed to state to the Board of Directors of Choice Housing, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Choice Housing and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Choice Housing has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Choice Housing. You consider that Choice Housing is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Choice Housing. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Chancery Court

34 West Street

Retford

Nottinghamshire

DN22 6ES

2 December 2025

| Choice Housing (Registered number: 09331026) |

Statement of Financial Position

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 14,270 |  | 16,396 |  |

Investment property | 5 | 260,000 |  | 185,000 |  |

274,270 |  | 201,396 |  |

CURRENT ASSETS

Debtors | 6 | 121,868 |  | 94,764 |  |

Cash at bank | 93,574 |  | 60,613 |  |

215,442 |  | 155,377 |  |

CREDITORS

Amounts falling due within one year | 7 | 80,805 |  | 67,307 |  |

NET CURRENT ASSETS | 134,637 |  | 88,070 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 408,907 |  | 289,466 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,769 | ) | (12,231 | ) |

PROVISIONS FOR LIABILITIES | (16,394 | ) | (10,202 | ) |

NET ASSETS | 390,744 |  | 267,033 |  |

RESERVES

Fair value reserve | 9 | 45,439 |  | 25,676 |  |

Income and expenditure account | 345,305 |  | 241,357 |  |

390,744 |  | 267,033 |  |

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

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

The directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

R W Mellors - Director

| Choice Housing (Registered number: 09331026) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Choice Housing is a private company, limited by guarantee , 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.

| Improvements to property | - | 10% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in surplus or deficit.

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

| 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Choice Housing (Registered number: 09331026) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |  | Computer |

| property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 17,231 |  | 6,743 |  | 4,644 |  | 28,618 |  |

| Additions | - |  | 666 |  | - |  | 666 |  |

| At 31 March 2025 | 17,231 |  | 7,409 |  | 4,644 |  | 29,284 |  |

| DEPRECIATION

| At 1 April 2024 | 7,408 |  | 2,944 |  | 1,870 |  | 12,222 |  |

| Charge for year | 982 |  | 1,116 |  | 694 |  | 2,792 |  |

| At 31 March 2025 | 8,390 |  | 4,060 |  | 2,564 |  | 15,014 |  |

| NET BOOK VALUE

| At 31 March 2025 | 8,841 |  | 3,349 |  | 2,080 |  | 14,270 |  |

| At 31 March 2024 | 9,823 |  | 3,799 |  | 2,774 |  | 16,396 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 185,000 |  |

| Additions | 48,649 |  |

| Revaluations | 26,351 |  |

| At 31 March 2025 | 260,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 260,000 |  |

| At 31 March 2024 | 185,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2022 | 20,000 |  |

| Valuation in 2023 | 5,000 |  |

| Valuation in 2024 | 9,235 |  |

| Valuation in 2025 | 26,351 |  |

| Cost | 199,414 |  |

260,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 199,414 |  | 150,765 |  |

| Investment property was valued on an open market basis on 31 March 2025 by a director .

| Choice Housing (Registered number: 09331026) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 109,185 |  | 77,681 |  |

| Other debtors | 12,683 |  | 17,083 |  |

121,868 |  | 94,764 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 10,448 |  | 10,204 |  |

| Trade creditors | 17,450 |  | 15,778 |  |

| Taxation and social security | 33,000 |  | 25,187 |  |

| Other creditors | 19,907 |  | 16,138 |  |

80,805 |  | 67,307 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 1,769 |  | 12,231 |  |

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2024 | 25,676 |  |

| Property revaluation | 26,351 |  |

| Deferred tax movement | (6,588 | ) |

| At 31 March 2025 | 45,439 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025 | 2024 |

£ | £ |

| R W Mellors

| Balance outstanding at start of year | 8,269 |  | (6,164 | ) |

| Amounts advanced | 10,707 |  | 48,165 |  |

| Amounts repaid | (15,514 | ) | (33,732 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 3,462 |  | 8,269 |  |