Company registration number 09438697 (England and Wales)
HOME RESPONSE 360 LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2025
31 May 2025
PAGES FOR FILING WITH REGISTRAR
HOME RESPONSE 360 LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 10
HOME RESPONSE 360 LTD
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
4
83,590
77,984
Investments
5
300
300
83,890
78,284
Current assets
Stocks
222,495
190,949
Debtors
6
1,272,946
1,213,750
Cash at bank and in hand
84,769
110,320
1,580,210
1,515,019
Creditors: amounts falling due within one year
7
(1,410,350)
(1,559,572)
Net current assets/(liabilities)
169,860
(44,553)
Total assets less current liabilities
253,750
33,731
Creditors: amounts falling due after more than one year
8
-
0
(10,022)
Provisions for liabilities
(249,614)
(19,496)
Net assets
4,136
4,213
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
4,036
4,113
Total equity
4,136
4,213
HOME RESPONSE 360 LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2025
31 May 2025
- 2 -

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 47 9A of the Companies Act 2006 relating to subsidiary companies.

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

The directors acknowledge their 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 November 2025 and are signed on its behalf by:
Mr A I Patel
Director
Company registration number 09438697 (England and Wales)
HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Home Response 360 Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Parkhill Business Centre, Padiham Road, Burnley, BB12 6TG.

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.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares true publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues true: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’true: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’true: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Ventureprise PLC. These consolidated financial statements are available from its registered office, Parkhill Business Centre, Padiham Road, Burnley, BB12 6TG.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -

The company recognises revenue from the following major sources:

- Boiler servicing and repairs

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Boiler servicing and repairs

Turnover represents the fair value of consideration received or receivable for the provision of services, net of VAT and trade discounts. Revenue from boiler servicing and repairs is recognised in full when the service has been completed and the performance obligation to the customer has been satisfied. Income is only recognised at the point of completion, as this is when control of the service has transferred and there are no remaining obligations. Where payments are received in advance of service delivery, these are deferred and recognised as income only when the service is performed.

1.4
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:

Fixtures, fittings & equipment
20% reducing balance

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.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 5 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

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.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 6 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 7 -
1.12
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.13
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.15
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees
2025
2024
Number
Number
Total
103
95
HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 8 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2024
157,069
Additions
34,355
Disposals
(12,120)
At 31 May 2025
179,304
Depreciation and impairment
At 1 June 2024
79,085
Depreciation charged in the year
24,448
Eliminated in respect of disposals
(7,819)
At 31 May 2025
95,714
Carrying amount
At 31 May 2025
83,590
At 31 May 2024
77,984
5
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
300
300
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,143,077
1,028,661
Other debtors
129,869
185,089
1,272,946
1,213,750
HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 9 -
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,000
10,000
Trade creditors
459,037
398,198
Amounts owed to group undertakings
115,860
65,672
Corporation tax
59,373
84,582
Other taxation and social security
124,978
90,418
Other creditors
641,102
910,702
1,410,350
1,559,572

The loan is secured by fixed charges on various assets, including intellectual property, book debts, investments, equipment, present and future goodwill, uncalled capital, proceeds of sale of its secured property, and all interests and estates in any freehold, leasehold or commonhold property.

8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
10,022
9
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Other related parties
-
85,488
Other information

Transactions with related parties are with companies that have directors and shareholders in common.

The company has taken advantage of FRS 102, section 33 available to groups producing consolidated group financial statements and transactions with wholly owned subsidiaries, and has chosen not to disclose related party transactions within the group.

10
Parent company

By virtue of ownership of the entire issued share capital, Ventureprise PLC (CRN: 09123248), a company incorporated in England and Wales is the ultimate parent company.

The registered office of the parent undertaking is Parkhill Business Centre, Padiham Road, Burnley, BB12 6TG.

At no point during the current or previous year did a single shareholder control the company.

11
Prior period adjustment
HOME RESPONSE 360 LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
11
Prior period adjustment
(Continued)
- 10 -
Reconciliation of changes in equity
The prior period adjustments do not give rise to any effect upon equity.
Reconciliation of changes in profit for the previous financial period
2024
£
Total adjustments
-
Profit as previously reported
200,094
Profit as adjusted
200,094
Notes to reconciliation
Expenditure presentational adjustment

In preparing the current year financial statements, the director and management have reclassified wage expenditure as pension expenditure.

This adjustment has been made to better reflect the nature of the expenditure.

This prior adjustment has no impact on the profit and loss or the reserves at 31st May 2024.

2025-05-31 2024-06-01 false false false 12 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr J Patel Mr E M Dutton Mrs G Dobson Mr M J Bennett Mr A I Patel For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies 09438697 2024-06-01 2025-05-31 09438697 2025-05-31 09438697 2024-05-31 09438697 core:OtherPropertyPlantEquipment 2025-05-31 09438697 core:OtherPropertyPlantEquipment 2024-05-31 09438697 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 09438697 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09438697 core:WithinOneYear 2025-05-31 09438697 core:WithinOneYear 2024-05-31 09438697 core:AfterOneYear 2025-05-31 09438697 core:AfterOneYear 2024-05-31 09438697 core:CurrentFinancialInstruments 2025-05-31 09438697 core:CurrentFinancialInstruments 2024-05-31 09438697 core:ShareCapital 2025-05-31 09438697 core:ShareCapital 2024-05-31 09438697 core:RetainedEarningsAccumulatedLosses 2025-05-31 09438697 core:RetainedEarningsAccumulatedLosses 2024-05-31 09438697 bus:Director5 2024-06-01 2025-05-31 09438697 core:FurnitureFittings 2024-06-01 2025-05-31 09438697 2023-06-01 2024-05-31 09438697 core:OtherPropertyPlantEquipment 2024-05-31 09438697 core:OtherPropertyPlantEquipment 2024-06-01 2025-05-31 09438697 core:Non-currentFinancialInstruments 2025-05-31 09438697 core:Non-currentFinancialInstruments 2024-05-31 09438697 core:PreviouslyStatedAmount dpl:Item1 2023-06-01 2024-05-31 09438697 dpl:Item2 2023-06-01 2024-05-31 09438697 direp:AdjustedProfitloss 2023-06-01 2024-05-31 09438697 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09438697 bus:FRS102 2024-06-01 2025-05-31 09438697 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 09438697 bus:Director1 2024-06-01 2025-05-31 09438697 bus:Director2 2024-06-01 2025-05-31 09438697 bus:Director3 2024-06-01 2025-05-31 09438697 bus:Director4 2024-06-01 2025-05-31 09438697 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09438697 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP