1 September 2024 false No description of principal activity Taxfiler 2024.6 04508259business:PrivateLimitedCompanyLtd2024-09-012025-08-31 045082592024-08-31 045082592024-09-012025-08-31 04508259business:AuditExempt-NoAccountantsReport2024-09-012025-08-31 04508259business:FilletedAccounts2024-09-012025-08-31 045082592025-08-31 04508259business:Director12024-09-012025-08-31 04508259business:RegisteredOffice2024-09-012025-08-31 045082592024-08-31 04508259core:WithinOneYear2025-08-31 04508259core:WithinOneYear2024-08-31 04508259core:AfterOneYear2025-08-31 04508259core:AfterOneYear2024-08-31 04508259core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 04508259core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 04508259core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 04508259core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 04508259core:PreviouslyStatedAmount2025-08-31 04508259core:PreviouslyStatedAmount2024-08-31 04508259business:SmallEntities2024-09-012025-08-31 04508259countries:EnglandWales2024-09-012025-08-31 04508259core:LandBuildings2024-08-31 04508259core:LandBuildings2025-08-31 045082592023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 04508259 (England and Wales)
Global Homes Ltd Unaudited accounts for the year ended 31 August 2025
Global Homes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Global Homes Ltd Company Information for the year ended 31 August 2025
Director
Mr L A Khan
Company Number
04508259 (England and Wales)
Registered Office
Rear Of 87 Hangingwater Road Sheffield South Yorkshire S11 7ER England
Accountants
Abacus Accounting Services 66 Abbeydale Rd Sheffield S7 1FD
- 3 -
Global Homes Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,625,101 
1,625,101 
Current assets
Cash at bank and in hand
29,373 
5,175 
Creditors: amounts falling due within one year
5
(75,639)
(76,071)
Net current liabilities
(46,266)
(70,896)
Total assets less current liabilities
1,578,835 
1,554,205 
Creditors: amounts falling due after more than one year
6
(1,105,759)
(1,128,589)
Net assets
473,076 
425,616 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
473,075 
425,615 
Shareholders' funds
473,076 
425,616 
For the year ending 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 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 30 May 2026 and were signed on its behalf by
Mr L A Khan Director Company Registration No. 04508259
- 4 -
Global Homes Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Global Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 04508259. The registered office is Rear Of 87, Hangingwater Road, Sheffield, South Yorkshire, S11 7ER, 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 year, 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.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2024
1,625,101 
At 31 August 2025
1,625,101 
Depreciation
At 31 August 2025
- 
Net book value
At 31 August 2025
1,625,101 
At 31 August 2024
1,625,101 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
41,361 
44,000 
Trade creditors
22,738 
22,735 
Taxes and social security
10,460 
8,256 
Other creditors
1,080 
1,080 
75,639 
76,071 
- 5 -
Global Homes Ltd Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
395,931 
441,975 
Obligations under finance leases and hire purchase contracts
(4,380)
- 
Amounts owed to group undertakings and other participating interests
210,424 
210,424 
Loans from directors
503,784 
476,190 
1,105,759 
1,128,589 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -