Homes And Lettings Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 10579735

		2023		2022
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	-		725,000
Cash at bank and in hand		-		545

		-		725,545
Creditors: Amounts Falling Due Within One Year	5	-		(764,526 )

NET CURRENT ASSETS (LIABILITIES)			-		(38,981 )

TOTAL ASSETS LESS CURRENT LIABILITIES			-		(38,981 )

NET LIABILITIES			-		(38,981 )

CAPITAL AND RESERVES
Called up share capital	6		-		2
Profit and Loss Account			-		(38,983 )

SHAREHOLDERS' FUNDS			-		(38,981)

For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Luke Papworth

Director

10 December 2025

The notes on page 2 form part of these financial statements.

1. General Information

Homes And Lettings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10579735 . The registered office is Friends Green Farm Friends Green, Weston, Hitchin, Hertfordshire, SG4 7BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2023	2022
Office and administration	2	2

	2	2

4. Stocks

	2023	2022
	£	£
Work in progress	-	725,000

5. Creditors: Amounts Falling Due Within One Year

	2023	2022
	£	£
Accruals and deferred income	-	1,440
Directors' loan accounts	-	763,086

	-	764,526

6. Share Capital


Shares disposed during the period:	£
2 Ordinary Shares of £ 1.000 each	(2)

7. Directors Advances, Credits and Guarantees

Included within creditors are the following loans to directors:

	As at 1 February 2022	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2023
	£	£	£	£	£
Mr Daniel Papworth	(381,543 )	382,925	(1,382 )	-	-
Mr Luke Papworth	(381,543 )	382,925	(1,382 )	-	-

The above loan is unsecured, interest free and repayable on demand.

8. Ultimate Controlling Party

The company's ultimate controlling parties are Daniel Papworth and Luke Papworth by virtue of their ownership of 100% of the issued share capital in the company.