REGISTERED NUMBER: 05067988 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HIGHMOOR HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Norman

M P James

SECRETARY:

D J Norman

REGISTERED OFFICE:

28 Panorama Road

Poole

Dorset

BH13 7RD

REGISTERED NUMBER:

05067988 (England and Wales)

ACCOUNTANTS:

Pugsley Revill

18 High West Street

Dorchester

Dorset

DT1 1UW

FIXED ASSETS

Tangible assets

4

115

153

Investment property

5

2,210,000

2,550,000

2,210,115

2,550,153

CURRENT ASSETS

Cash at bank

203,194

8,955

CREDITORS

Amounts falling due within one year

6

109,448

909,760

NET CURRENT ASSETS/(LIABILITIES)

93,746

(900,805

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,303,861

1,649,348

CREDITORS

Amounts falling due after more than one year

7

(1,003,741

)

(317,907

)

PROVISIONS FOR LIABILITIES

8

(198,782

)

(219,998

)

NET ASSETS

1,101,338

1,111,443

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings - non distributable

9

596,260

659,879

Retained earnings

9

505,076

451,562

SHAREHOLDERS' FUNDS

1,101,338

1,111,443

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 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 Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

M P James - Director

D J Norman - Director

1.	STATUTORY INFORMATION

Highmoor 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.

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.

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 profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 April 2024

and 31 March 2025

10,728

DEPRECIATION

At 1 April 2024

10,575

Charge for year

38

At 31 March 2025

10,613

NET BOOK VALUE

At 31 March 2025

115

At 31 March 2024

153

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,550,000

Disposals

(340,000

)

At 31 March 2025

2,210,000

NET BOOK VALUE

At 31 March 2025

2,210,000

At 31 March 2024

2,550,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

1,434,135

Valuation in 2024

(554,296

)

Valuation in 2025

(340,000

)

Cost

1,670,161

2,210,000

The properties owned by the company were valued by the directors at their current market values.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,500

861,832

Trade creditors

21,198

21,198

Taxation and social security

29,257

14,528

Other creditors

49,493

12,202

109,448

909,760

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

987,460

296,637

Other creditors

16,281

21,270

1,003,741

317,907

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs

982,187

281,237

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

198,782

219,998

Deferred

tax

£

Balance at 1 April 2024

219,998

Credit to Statement of Income and Retained Earnings during year

(21,216

)

Balance at 31 March 2025

198,782

9.

RESERVES

Retained

earnings

Retained

- non

earnings

distributable

Totals

£

£

£

At 1 April 2024

451,562

659,879

1,111,441

Deficit for the year

(7,312

)

(7,312

)

Dividends

(24,000

)

(24,000

)

Transfer to deferred tax

provision

-

21,207

21,207

Transfer to retained earnings - non distributable

84,826

(84,826

)

-

At 31 March 2025

505,076

596,260

1,101,336