Homegrown Property Development Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09591015

		31 March 2026		28 May 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		160,240		126,516
Investments	5		300,006		6

			460,246		126,522
CURRENT ASSETS
Debtors	7	83,333		313,921
Cash at bank and in hand		-		719

		83,333		314,640
Creditors: Amounts Falling Due Within One Year	8	116,427		(96,449 )

NET CURRENT ASSETS (LIABILITIES)			199,760		218,191

TOTAL ASSETS LESS CURRENT LIABILITIES			660,006		344,713

Creditors: Amounts Falling Due After More Than One Year	9		(605,376 )		(306,216 )

NET ASSETS			54,630		38,497

CAPITAL AND RESERVES
Called up share capital	10		100		100
Other reserves			611,000		711,000
Profit and Loss Account			(556,470 )		(672,603 )

SHAREHOLDERS' FUNDS			54,630		38,497

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Homegrown Property Development Limited

Balance Sheet (continued)

As At 31 March 2026

For the period ending 31 March 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Georgia Gale

Director

13/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Homegrown Property Development Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09591015 . The registered office is 1 Sheldon Avenue, London, N6 4JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Leasehold	0%
Computer Equipment	33.3% SLM

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 1 1 (2025: 1)

4. Tangible Assets

	Land & Property
	Leasehold	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 29 May 2025	125,000	1,642	126,642
Disposals	-	(1,250 )	(1,250 )
Revaluation	35,000	-	35,000

As at 31 March 2026	160,000	392	160,392

Depreciation
As at 29 May 2025	-	126	126

...CONTINUED

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Homegrown Property Development Limited

Notes to the Financial Statements (continued)

For the Period 29 May 2025 to 31 March 2026

Provided during the period	-	130	130
Disposals	-	(104 )	(104 )

As at 31 March 2026	-	152	152

Net Book Value
As at 31 March 2026	160,000	240	160,240

As at 29 May 2025	125,000	1,516	126,516

5. Investments

	Associates	Unlisted	Total
	£	£	£
Cost or Valuation
As at 29 May 2025	6	-	6
Additions	-	300,000	300,000

As at 31 March 2026	6	300,000	300,006

Provision
As at 29 May 2025	-	-	-

As at 31 March 2026	-	-	-

Net Book Value
As at 31 March 2026	6	300,000	300,006

As at 29 May 2025	6	-	6

6. Stocks

	31 March 2026		28 May 2025
	£		£

7. Debtors

	31 March 2026	28 May 2025
	£	£
Due within one year
Trade debtors	-	84
Amounts recoverable on contracts	83,333	-
Prepayments and accrued income	-	194,625
Other debtors	-	117,000
VAT	-	2,212

	83,333	313,921

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Homegrown Property Development Limited

Notes to the Financial Statements (continued)

For the Period 29 May 2025 to 31 March 2026

8. Creditors: Amounts Falling Due Within One Year

	31 March 2026	28 May 2025
	£	£
Trade creditors	558	8,694
Bank loans and overdrafts	1,095	-
Corporation tax	(53 )	(145 )
Other taxes and social security	5,096	24,742
VAT	569	-
Bounce Back Loan	4,282	8,793
IC - BBD	(5,750 )	(5,750 )
Intercompany Account - 2	(169,010 )	(24,510 )
Intercompany Account - 1	-	(6,994 )
Loan - T	-	86,303
Directors' loan accounts	46,786	5,316

	(116,427 )	96,449

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	28 May 2025
	£	£
Bank loans	101,882	-
Other creditors - Investment	454,033	196,717
Loan (long-term)	49,461	82,999
Reservation Fee	-	26,500

	605,376	306,216

10. Share Capital

	31 March 2026	28 May 2025
	£	£
Allotted, Called up and fully paid	100	100

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