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Company Registration No. 14782870 (England and Wales)
HONESTATE LIMITED Unaudited accounts for the year ended 30 April 2025
HONESTATE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HONESTATE LIMITED Company Information for the year ended 30 April 2025
Directors
Marco Gravagno Mustafa Amin Yusuf
Company Number
14782870 (England and Wales)
Registered Office
3rd Floor 337 City Road London EC1V 1LJ England
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HONESTATE LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
60,700
60,700
Current assets
Cash at bank and in hand
635
7,357
Creditors: amounts falling due within one year
5
(25,063)
(20,693)
Net current liabilities
(24,428)
(13,336)
Total assets less current liabilities
36,272
47,364
Creditors: amounts falling due after more than one year
6
(49,240)
(51,880)
Net liabilities
(12,968)
(4,516)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(13,068)
(4,616)
Shareholders' funds
(12,968)
(4,516)
For the year ending 30 April 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2026 and were signed on its behalf by
Marco Gravagno Director Company Registration No. 14782870
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HONESTATE LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
HONESTATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14782870. The registered office is 3rd Floor, 337 City Road, London, EC1V 1LJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Fair value at 1 May 2024
60,700
At 30 April 2025
60,700
Right-of-Use Asset: Leased Property with option to purchase in 10 years. Company is highly likely to exercise the option.
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,320
-
Loans from directors
23,743
19,493
Accruals
-
1,200
25,063
20,693
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
49,240
51,880
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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