House & Home (Lettings) Limited Accounts






House & Home (Lettings) Limited

	Company No. 10312054
		Information for Filing with The Registrar
		31 August 2025

at	31 August 2025
Company No.		10312054	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	2,963	3,950
	Investment property		6	2,476,000	2,991,000

				2,478,963	2,994,950
Current assets

	Debtors		7	750,619	707,058

	Cash at bank and in hand			417,200	419,169
				1,167,819	1,126,227
Creditors: Amount falling due within one year			8	(11,713)	(13,632)
Net current assets				1,156,106	1,112,595
Total assets less current liabilities				3,635,069	4,107,545
Creditors: Amounts falling due after more than one year			9	(1,969,886)	(2,375,645)



Net assets				1,665,183	1,731,900

Capital and reserves
	Called up share capital			100	100
	Share premium account		12	1,976,906	1,976,906


	Profit and loss account		12	(311,823)	(245,106)

Total equity				1,665,183	1,731,900



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 August 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 26 May 2026 and signed on its behalf by:
A. MacDonald
Director
26 May 2026

for the year ended 31 August 2025

General information

House & Home (Lettings) Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10312054

Its registered office is:

Its trading address is:

1st Floor

10 London Road North

Poynton

Stockport

SK12 1QZ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the rent received or receivable under the terms of residential rental contracts.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

25% reducing balance

Furniture, fittings and equipment

25% reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

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.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Items of income or expenses of exceptional size or incidence
			2025	2024
			£	£
		Profit on disposal of investment property	42,838	189,267

4	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

5	Tangible fixed assets
			Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 September 2024	9,990	2,876	12,866




		At 31 August 2025	9,990	2,876	12,866
		Depreciation
		At 1 September 2024	6,830	2,086	8,916
		Charge for the year	790	197	987



		At 31 August 2025	7,620	2,283	9,903
		Net book values
		At 31 August 2025	2,370	593	2,963
		At 31 August 2024	3,160	790	3,950

6	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 September 2024	2,991,000


		Disposals	(515,000)
		At 31 August 2025	2,476,000

7	Debtors
			2025	2024
			£	£
		Trade debtors	-	103
		Amounts owed by group undertakings	619,733	619,733



		Loans to directors	108,446	64,782

		Prepayments and accrued income	22,440	22,440
			750,619	707,058

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	60	1,979


		Accruals and deferred income	11,653	11,653
			11,713	13,632

9	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	1,969,886	2,375,645






			1,969,886	2,375,645

		Liabilities repayable in more than five years after the balance sheet date

		Amount repayable otherwise than by instalments	1,969,876	2,375,645
			1,969,876	2,375,645

		The mortgages are secured by a first charge over the company's residential property portfolio.

10	Creditors: secured liabilities
			2025	2024
			£	£
		The aggregate amount of secured liabilities included within creditors	1,969,876	2,375,645

Share Capital

100 Ordinary shares of £1 each

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

13	Advances and credits to directors
			2025
			£
		At 1 September 2024	64,782
		Advanced in the period	108,446
		Amounts repaid in the period	64,782


		At 31 August 2025	108,446

Related party disclosures

Transactions with related parties

Parent Company

The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member:

House and Home (Property Lettings) Ltd

The parent's registered office address is:

F38&F39 Cheadle Place

Stockport Road

Cheadle

Stockport

SK8 2GL