REGISTERED NUMBER: 08067406 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

STATUS HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M E Callanan

REGISTERED OFFICE:

4 Robinson Grove

Meppershall

Shefford

Beds

SG17 5QR

REGISTERED NUMBER:

08067406 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

4

57,967

77,605

CURRENT ASSETS

Stocks

3,615,551

1,163,998

Debtors

5

328,375

889,646

Cash at bank

95,921

2,111,336

4,039,847

4,164,980

CREDITORS

Amounts falling due within one year

6

244,955

181,917

NET CURRENT ASSETS

3,794,892

3,983,063

TOTAL ASSETS LESS CURRENT LIABILITIES

3,852,859

4,060,668

CREDITORS

Amounts falling due after more than one year

7

(34,672

)

(58,936

)

PROVISIONS FOR LIABILITIES

(54,492

)

(59,401

)

NET ASSETS

3,763,695

3,942,331

CAPITAL AND RESERVES

Called up share capital

11

350

350

Retained earnings

3,763,345

3,941,981

SHAREHOLDERS' FUNDS

3,763,695

3,942,331

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

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

The director acknowledges his 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 profit or loss 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

Mr M E Callanan - Director

1.	STATUTORY INFORMATION

Status Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

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

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on cost

Motor vehicles - 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Provisions

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable, and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation at the financial year end.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

9,260

174,521

183,781

DEPRECIATION

At 1 June 2024

5,674

100,502

106,176

Charge for year

1,133

18,505

19,638

At 31 May 2025

6,807

119,007

125,814

NET BOOK VALUE

At 31 May 2025

2,453

55,514

57,967

At 31 May 2024

3,586

74,019

77,605

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 June 2024

and 31 May 2025

79,259

DEPRECIATION

At 1 June 2024

33,437

Charge for year

11,456

At 31 May 2025

44,893

NET BOOK VALUE

At 31 May 2025

34,366

At 31 May 2024

45,822

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

128

-

Other debtors

285,376

843,234

Tax

20,687

-

VAT

10,412

36,799

Prepayments

11,772

9,613

328,375

889,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

10,000

10,000

Hire purchase contracts (see note 9)

14,264

11,946

Trade creditors

121,865

34,919

Corporation tax

-

57,944

Taxation and social security

5,325

1,947

Other creditors

88,540

60,730

Directors' loan accounts

2,961

2,094

Accrued expenses

2,000

2,337

244,955

181,917

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

-

10,000

Hire purchase contracts (see note 9)

34,672

48,936

34,672

58,936

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Amounts falling due between one and two years:

Bank loans

-

10,000

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

14,264

11,946

Between one and five years

34,672

48,936

48,936

60,882

Non-cancellable

operating leases

2025

2024

£

£

Within one year

4,038

4,038

Between one and five years

2,692

6,729

6,730

10,767

10.	SECURED DEBTS

There are fixed and floating charges over all property or undertaking of the company as well as negative pledges.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

£1

300

300

50

Ordinary A

£1

50

50

350

350

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M E Callanan.