Homeworld Property Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07820410 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Homeworld Property Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs D J Emmett

REGISTERED OFFICE:

164 Nantwich Road

Crewe

Cheshire

CW2 6BG

REGISTERED NUMBER:

07820410 (England and Wales)

ACCOUNTANTS:

Nick Brajkovich Limited

Chartered Accountants

29 Withers Avenue

Warrington

Cheshire

WA2 8EU

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

8,055

7,038

8,055

7,038

CURRENT ASSETS

Debtors

6

30,402

41,053

Cash at bank

239,493

231,013

269,895

272,066

CREDITORS

Amounts falling due within one year

7

228,028

220,571

NET CURRENT ASSETS

41,867

51,495

TOTAL ASSETS LESS CURRENT
LIABILITIES

49,922

58,533

PROVISIONS FOR LIABILITIES

1,725

NET ASSETS

48,197

56,808

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

48,097

56,708

SHAREHOLDERS' FUNDS

48,197

56,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 June 2026 and were signed by:

Mrs D J Emmett - Director

1.	STATUTORY INFORMATION

Homeworld Property Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill acquired in 2011 has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

260,000

AMORTISATION

At 1 January 2025

and 31 December 2025

260,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

2,620

5,793

14,850

16,599

39,862

Additions

-

3,001

-

3,001

At 31 December 2025

2,620

8,794

14,850

16,599

42,863

DEPRECIATION

At 1 January 2025

2,392

5,304

11,324

13,804

32,824

Charge for year

48

124

881

931

1,984

At 31 December 2025

2,440

5,428

12,205

14,735

34,808

NET BOOK VALUE

At 31 December 2025

180

3,366

2,645

1,864

8,055

At 31 December 2024

228

489

3,526

2,795

7,038

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

23,285

34,406

Other debtors

7,117

6,647

30,402

41,053

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

8,401

15,977

Taxation and social security

27,207

23,331

Other creditors

192,420

181,263

228,028

220,571

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

Mrs D J Emmett

Balance outstanding at start of year

3,725

-

Amounts advanced

633

3,725

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,358

3,725