EVERHOME CAPITAL LIMITED - Filleted accounts

Registered number

14380329

EVERHOME CAPITAL LIMITED

Filleted Accounts

30 September 2025

EVERHOME CAPITAL LIMITED
Registered number:		14380329
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		75,538			96,599

Current assets
Stocks (Land and building Projects)	4	4,162,569			3,700,217
Debtors	5	9,097,796			3,419,529
Cash at bank and in hand		7,224,060			4,865,496
		20,484,425			11,985,242

Creditors: amounts falling due within one year	6	(285,145)			(344,058)

Net current assets			20,199,280			11,641,184

Total assets less current liabilities			20,274,818			11,737,783

Creditors: amounts falling due after more than one year	7		(21,890,320)			(13,039,831)



Net liabilities			(1,615,502)			(1,302,048)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(1,615,602)			(1,302,148)

Shareholders' funds			(1,615,502)			(1,302,048)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
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.




Ting Kai WANG
Director
Approved by the board on 4 June 2026

EVERHOME CAPITAL LIMITED
Notes to the Accounts
for the year ended 30 September 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).

	Exemption from preparation of consolidated financial statements
	The company is the parent undertaking of a group. The company and the group qualify as small in relation to the financial year, as defined in sections 382–383 of the Companies Act 2006, and the group is not an ineligible group. In accordance with section 399 of the Companies Act 2006, the company has therefore not prepared consolidated financial statements and these financial statements present information about the company as an individual entity only.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office Equipment	25% Reducing Balance Method
	Motor Vehicles	25% Reducing Balance Method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			6		4


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total	Total
£			£		£		£
	Cost
	At 1 October 2024	15,761		113,471		129,232	129,232
	Additions	4,118				4,118	4,118
	At 30 September 2025	19,879		113,471		133,350	133,350

	Depreciation
	At 1 October 2024	4,265		28,368		32,633	32,633
	Charge for the year	3,903		21,276		25,179	25,179
	At 30 September 2025	8,168		49,644		57,812	57,812

	Net book value
	At 30 September 2025	11,711		63,827		75,538	75,538
	At 30 September 2024	11,496		85,103		96,599	96,599

4	Stocks
	Stock represents work in progress related to the company’s property development activities. It comprises direct costs incurred on the acquisition, planning, and development of land and buildings intended for resale upon completion. These costs include land purchases, legal and professional fees, planning and design expenses, and construction-related outlays that are directly attributable to each development project. As at the balance sheet date, the total stock comprises the following:
				2025		2024
	Project Description			£		£
	Building development cost			56,652.38		6,736.37
	Oxford/Randolph project			36,469.63	-
	Purchase of Maidenhead project			3,550,130.73		3,338,815.00
	Cortina Project			519,316.02		354,665.64
	Total stock			4,162,568.76		3,700,217.01



5	Debtors			2025		2024
£					£

	Amounts owed by group undertakings			8,413,410		1,914,080
	Other debtors			684,386		1,505,449
				9,097,796		3,419,529

	Amounts owed by group undertakings

	Amounts owed by group undertakings include the following balances:

	Parkview Development Group Ltd	Loan funding of £1,471,473.10
	Primrose Terrace Ltd	Loan funding of £4,479,181.38
	Everhome Development Limited	Expenses and invoices recharged of £2,462,755.30

	Total amounts owed by group undertakings at 30 September 2025 were £8,413,409.78. (30 September 2024: £1,914,079.38). These balances are unsecured, interest‑free, and are repayable in accordance with the underlying loan agreements.

6	Creditors: amounts falling due within one year			2025		2024
£					£
	Bank loans and overdrafts			31,044		25,763
	Trade creditors			86,262		99,493
	Director loan account			128,981		200,770
	Taxation and social security costs			24,672		-
	Other creditors			14,186		18,032
				285,145		344,058


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Investment Loan Chia Chun			3,000,000		3,000,000
	Investment Loan			18,890,320		10,039,831
				21,890,320		13,039,831

8	Related undertakings
	At 30 September 2025, the company held interests in the following subsidiary undertakings:

	Name of undertaking			Proportion of voting rights and shares held
	Parkview Development Group Ltd			100%
	Everhome Development Limited			100%
	Primrose Terrace Ltd			100%
	Parkland Capital Limited			100%

	Everhome Capital Limited is the parent company of the group, and all Group companies are incorporated in England and Wales. The company has related party relationships with its subsidiaries.

9	Going concern

	The company’s main assets are loans and other balances due from its wholly owned subsidiaries, together with stock relating to property development projects. The directors have reviewed the status of each project, updated forecasts and cash flow projections, and the expected timing and amount of cash receipts. They consider the subsidiary balances to be fully recoverable and no impairment is required. In assessing going concern, the directors have considered the company’s cash flow forecasts, existing financing and the continued availability of group and external funding. They have received confirmation that the group will provide financial support for at least twelve months from approval of these financial statements and for the foreseeable future, and are satisfied that the company can meet its obligations as they fall due. On this basis, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and that the going concern basis of preparation is appropriate. They do not consider there to be any material uncertainties that may cast significant doubt on the company’s ability to continue as a going concern.

10	Other information

	EVERHOME CAPITAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	30 Churchill Place
	London
	United Kingdom
	E14 5RE