ACCOUNTS - Final Accounts preparation

Registered number: 14750947

THIS IS HOME COLLECTIVE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THIS IS HOME COLLECTIVE LIMITED

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THIS IS HOME COLLECTIVE LIMITED
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of This Is Home Collective Limited for the year ended 31 March 2025 which comprise the Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of Directors of This Is Home Collective Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of This Is Home Collective Limited and state those matters that we have agreed to state to the Board of Directors of This Is Home Collective Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than This Is Home Collective Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that This Is Home Collective Limited 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 loss of This Is Home Collective Limited. You consider that This Is Home Collective Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of This Is Home Collective Limited. 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.

Wellers

Accountants

3rd Floor, The Coade

98 Vauxhall Walk

London

SE11 5EL

3 December 2025

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THIS IS HOME COLLECTIVE LIMITED

REGISTERED NUMBER: 14750947

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		652,884		-
			652,884		-
Current assets
Debtors: amounts falling due within one year	5	18,000		100
Cash at bank and in hand	6	4,201		-
		22,201		100
Creditors: amounts falling due within one year	7	(671,219)		-
Net current (liabilities)/assets			(649,018)		100
Total assets less current liabilities			3,866		100
Creditors: amounts falling due after more than one year	8		(18,000)		-

Net (liabilities)/assets			(14,134)		100

Capital and reserves
Called up share capital	100	100
Profit and loss account	(14,234)	-
	(14,134)	100

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THIS IS HOME COLLECTIVE LIMITED

REGISTERED NUMBER: 14750947

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Nathan Lonsdale

Director

Date: 3 December 2025

The notes on pages 4 to 7 form part of these financial statements.

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THIS IS HOME COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

This is Home Collective Ltd is a private company, limited by shares. The company is registered in England and Wales and domiciled in the UK with the registration number 14750947. The address of the registered office is 3rd Floor, The Coade, 98 Vauxhall Walk, London, SE11 5EL

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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THIS IS HOME COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	31 March	31 March
	2025	2024
	No.	No.

Directors	2	2

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THIS IS HOME COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	652,884
	At 31 March 2025	652,884

The 2025 valuations were made by the Directors, on an open market value basis.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2025	2024
	£	£

	Historic cost	652,884	-
		652,884	-

Debtors

					2025	2024
					£	£


Trade debtors	18,000	-
Other debtors	-	100
	18,000	100

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	4,201	-
	4,201	-

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THIS IS HOME COLLECTIVE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,295	-
Other taxation and social security	2,466	-
Other creditors	649,954	-
Accruals and deferred income	17,504	-
	671,219	-

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other creditors	18,000	-
	18,000	-

9.	Related party transactions
	At the balance sheet date £649,954 was owed to N Lonsdale, whom was a director of the company at year end.

10.	Controlling party

There is no ultimate controlling party.

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