Silverfin false false 30/11/2025 01/12/2024 30/11/2025 Mr A B Hillier 02/11/2021 Mrs L E Hillier 02/11/2021 22 May 2026 The principal activity of the company during the financial year was that of rental property. 13717280 2025-11-30 13717280 bus:Director1 2025-11-30 13717280 bus:Director2 2025-11-30 13717280 2024-11-30 13717280 core:CurrentFinancialInstruments 2025-11-30 13717280 core:CurrentFinancialInstruments 2024-11-30 13717280 core:Non-currentFinancialInstruments 2025-11-30 13717280 core:Non-currentFinancialInstruments 2024-11-30 13717280 core:ShareCapital 2025-11-30 13717280 core:ShareCapital 2024-11-30 13717280 core:FurtherSpecificReserve1ComponentTotalEquity 2025-11-30 13717280 core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 13717280 core:RetainedEarningsAccumulatedLosses 2025-11-30 13717280 core:RetainedEarningsAccumulatedLosses 2024-11-30 13717280 2024-12-01 2025-11-30 13717280 bus:FilletedAccounts 2024-12-01 2025-11-30 13717280 bus:SmallEntities 2024-12-01 2025-11-30 13717280 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 13717280 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13717280 bus:Director1 2024-12-01 2025-11-30 13717280 bus:Director2 2024-12-01 2025-11-30 13717280 2023-12-01 2024-11-30 13717280 core:Non-currentFinancialInstruments 2024-12-01 2025-11-30 iso4217:GBP xbrli:pure

Company No: 13717280 (England and Wales)

# HELMURDINE HOMES LTD

### Unaudited Financial Statements
For the financial year ended 30 November 2025
Pages for filing with the registrar

HELMURDINE HOMES LTD

## Unaudited Financial Statements

For the financial year ended 30 November 2025

Contents

HELMURDINE HOMES LTD

## BALANCE SHEET

As at 30 November 2025
HELMURDINE HOMES LTD

## BALANCE SHEET (continued)

As at 30 November 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property | 3 | 570,000 |  | 561,000
|  | 570,000 |  | 561,000
Current assets |  |  |  |
Debtors | 4 | 6,690 |  | 2,440
Cash at bank and in hand |  | 213,507 |  | 194,507
|  | 220,197 |  | 196,947
Creditors: amounts falling due within one year | 5 | ( 224,148) |  | ( 226,209)
Net current liabilities |  | (3,951) |  | (29,262)
Total assets less current liabilities |  | 566,049 |  | 531,738
Creditors: amounts falling due after more than one year | 6 | ( 355,219) |  | ( 335,814)
Provision for liabilities |  | ( 43,310) |  | ( 41,060)
Net assets |  | 167,520 |  | 154,864
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Fair value reserve |  | 129,930 |  | 123,180
Profit and loss account |  | 37,490 |  | 31,584
Total shareholders' funds |  | 167,520 |  | 154,864

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Helmurdine Homes Ltd (registered number: 13717280) were approved and authorised for issue by the Board of Directors on 22 May 2026. They were signed on its behalf by:

Mr A B Hillier Director |

HELMURDINE HOMES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2025
HELMURDINE HOMES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Helmurdine Homes Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the rental of property provided in the normal course of the business.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.
All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

##### Leases

The Company as lessor
Amounts due from lessees under finance leases are recognised as receivables at the amount of the company’s net investment in the leases. Finance lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the company’s net investment outstanding in respect of leases.
Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the directors, on an open market value for existing use basis.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

The company is run and administered by the directors of the company for whom no formal contracts of service are in place.

#### 3. Investment property

| Investment property
| £
Valuation |
As at 01 December 2024 | 561,000
Fair value movement | 9,000
As at 30 November 2025 | 570,000

Valuation

The investment properties class of fixed assets were adjusted on 30 November 2025 to their fair value by the directors who are internal to the company. The basis of this valuation was open market value.
There has been no valuation of investment property by an independent valuer.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

| 2025 |  | 2024
| £ |  | £
Historic cost | 396,760 |  | 396,760

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 4,250 |  | 0
Other debtors | 2,440 |  | 2,440
| 6,690 |  | 2,440

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 1,385 |  | 5,344
Other creditors | 222,763 |  | 220,865
| 224,148 |  | 226,209

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 355,219 |  | 335,814

At the year end the company had a mortgage liability of £355,219 (2024 £335,814) owing to Quantum Mortgages Limited (charge number 1371 7280 0001), this mortgage was secured against the property in to which it relates.

#### 7. Related party transactions

At end of the year balance owed to the directors was £210,587 (2024 £209,963). This loan has been provided interest free and is repayable on demand.