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Company Registration No. 10937427 (England and Wales)
SUMMER HOMES LTD Unaudited accounts for the period from 1 February 2025 to 28 February 2026
SUMMER HOMES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SUMMER HOMES LTD Company Information for the period from 1 February 2025 to 28 February 2026
Director
Mr F Yilmaz
Company Number
10937427 (England and Wales)
Registered Office
30 Lodge Crescent Waltham Cross Hertfordshire EN8 8BS England
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
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SUMMER HOMES LTD Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
25,195
27,014
Current assets
Inventories
78,518
79,100
Debtors
5
71,477
6,777
Cash at bank and in hand
20,213
3,743
170,208
89,620
Creditors: amounts falling due within one year
6
(175,422)
(92,248)
Net current liabilities
(5,214)
(2,628)
Total assets less current liabilities
19,981
24,386
Creditors: amounts falling due after more than one year
7
(19,315)
(24,347)
Net assets
666
39
Capital and reserves
Called up share capital
8
3
3
Profit and loss account
663
36
Shareholders' funds
666
39
For the period ending 28 February 2026 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 director acknowledges his 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 and authorised for issue on 11 March 2026 and were signed on its behalf by
Mr F Yilmaz Director Company Registration No. 10937427
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SUMMER HOMES LTD Notes to the Accounts for the period from 1 February 2025 to 28 February 2026
1
Statutory information
SUMMER HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 10937427. The registered office is 30 Lodge Crescent, Waltham Cross, Hertfordshire, EN8 8BS, 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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
12.5% - reducing line method
Motor vehicles
6% - reducing line method
Fixtures & fittings
12.5% - reducing line method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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SUMMER HOMES LTD Notes to the Accounts for the period from 1 February 2025 to 28 February 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 February 2025
579
25,500
9,039
35,118
At 28 February 2026
579
25,500
9,039
35,118
Depreciation
At 1 February 2025
412
1,530
6,162
8,104
Charge for the period
21
1,438
360
1,819
At 28 February 2026
433
2,968
6,522
9,923
Net book value
At 28 February 2026
146
22,532
2,517
25,195
At 31 January 2025
167
23,970
2,877
27,014
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
64,700
-
Other debtors
6,777
6,777
71,477
6,777
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
17,232
(331)
Taxes and social security
18,875
12,222
Loans from directors
139,315
80,357
175,422
92,248
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
19,315
24,347
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Included within other creditors is an amount of £139,315 (2025;£80,357) due to its directors. There are no terms as to interest or repayment in respect of this balance.
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SUMMER HOMES LTD Notes to the Accounts for the period from 1 February 2025 to 28 February 2026
10
Average number of employees
During the period the average number of employees was 3 (2025: 3).
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