REGISTERED NUMBER: 12048588 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

HOME PAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B J Lawson

REGISTERED OFFICE:

Unit 4 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

REGISTERED NUMBER:

12048588 (England and Wales)

ACCOUNTANTS:

Bayar Hughes & Co

Chartered Certified Accountants

4 Green Lane Business Park

238 Green lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Tangible assets

4

52

69

Investment properties

5

600,000

530,911

600,052

530,980

CURRENT ASSETS

Debtors

6

1,449

-

Cash at bank

1,037

1,989

2,486

1,989

CREDITORS

Amounts falling due within one year

7

6,442

9,222

NET CURRENT LIABILITIES

(3,956

)

(7,233

)

TOTAL ASSETS LESS CURRENT LIABILITIES

596,096

523,747

CREDITORS

Amounts falling due after more than one year

8

502,048

502,333

NET ASSETS

94,048

21,414

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

9

69,089

-

Retained earnings

24,958

21,413

SHAREHOLDERS' FUNDS

94,048

21,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

Mr B J Lawson - Director

1.	STATUTORY INFORMATION

Home Pal Ltd 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investment properties

Investment properties are 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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

219

DEPRECIATION

At 1 July 2024

150

Charge for year

17

At 30 June 2025

167

NET BOOK VALUE

At 30 June 2025

52

At 30 June 2024

69

5.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 July 2024

530,911

Revaluations

69,089

At 30 June 2025

600,000

NET BOOK VALUE

At 30 June 2025

600,000

At 30 June 2024

530,911

Fair value at 30 June 2025 is represented by:

£

Valuation in 2025

69,089

Cost

530,911

600,000

Investment properties were valued on an open market basis on 30 June 2025 by the Director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,449

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

1,776

Other creditors

6,442

7,446

6,442

9,222

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

502,048

502,333

9.

RESERVES

Revaluation

reserve

£

Revaluation

69,089

At 30 June 2025

69,089