Registered number
15282617
Hudhomes Limited
Filleted Accounts
31 October 2025
Hudhomes Limited
Registered number: 15282617
Balance Sheet
as at 31 October 2025
Notes 2025 2024
£ £
Fixed assets
Investments 3 521,338 143,469
Current assets
Debtors 4 375 20,225
Cash at bank and in hand 17,434 193,326
17,809 213,551
Creditors: amounts falling due within one year 5 (538,687) (361,180)
Net current liabilities (520,878) (147,629)
Net assets/(liabilities) 460 (4,160)
Capital and reserves
Called up share capital 100 100
Profit and loss account 360 (4,260)
Shareholder's funds 460 (4,160)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S Hudson
Director
Approved by the board on 15 April 2026
Hudhomes Limited
Notes to the Accounts
for the year ended 31 October 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
At 1 November 2024 143,469
Additions 377,869
At 31 October 2025 521,338
At 31 October 2025 the valuation of the investment properties was reviewed by Mr S Hudson the director of the company. Following the review he is satisfied that the current valuation represents the fair value of the investment properties.
4 Debtors 2025 2024
£ £
Other debtors 375 20,225
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 85 -
Director's loan account 537,492 360,202
Other creditors 1,110 978
538,687 361,180
6 Controlling party
In the opinion of the director Mr S Hudson is the company's controlling party by virtue of his shareholding in the company.
7 Other information
Hudhomes Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bury Lodge
Bury Road
Stowmarket
Suffolk
IP14 1JA
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