1 November 2024 v2026.28.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP092604582024-11-012025-10-31092604582025-10-31092604582024-10-3109260458core:WithinOneYear2025-10-3109260458core:WithinOneYear2024-10-3109260458core:AfterOneYear2025-10-3109260458core:AfterOneYear2024-10-3109260458core:ShareCapital2025-10-3109260458core:ShareCapital2024-10-3109260458core:RetainedEarningsAccumulatedLosses2025-10-3109260458core:RetainedEarningsAccumulatedLosses2024-10-3109260458bus:Director12024-11-012025-10-3109260458bus:RegisteredOffice2024-11-012025-10-3109260458core:FurnitureFittings2024-11-012025-10-3109260458core:LandBuildings2024-11-012025-10-31092604582023-11-012024-10-3109260458core:LandBuildings2024-11-0109260458core:PlantMachinery2024-11-01092604582024-11-0109260458core:PlantMachinery2024-11-012025-10-3109260458core:LandBuildings2025-10-3109260458core:PlantMachinery2025-10-3109260458core:LandBuildings2024-10-3109260458core:PlantMachinery2024-10-3109260458core:BetweenOneFiveYears2025-10-3109260458core:BetweenOneFiveYears2024-10-310926045812024-11-012025-10-3109260458countries:EnglandWales2024-11-012025-10-3109260458bus:AuditExemptWithAccountantsReport2024-11-012025-10-3109260458bus:PrivateLimitedCompanyLtd2024-11-012025-10-3109260458bus:SmallEntities2024-11-012025-10-3109260458bus:FullAccounts2024-11-012025-10-31
Company registration number:
09260458
ISABELLA'S HOMES LIMITED
Unaudited Filleted Financial Statements for the year ended
31 October 2025
Russells Associates Limited
Ceme Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU, United Kingdom
ISABELLA'S HOMES LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of ISABELLA'S HOMES LIMITED
Year ended
31 October 2025
As described on the statement of financial position, the Board of Directors of
ISABELLA'S HOMES LIMITED
are responsible for the preparation of the
financial statements
for the year ended
31 October 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Russells Associates Limited
Ceme Innovation Centre
Marsh Way
Rainham
Essex
RM13 8EU
United Kingdom
Date:
24 July 2026
ISABELLA'S HOMES LIMITED
Statement of Financial Position
31 October 2025
20252024
Note££
Fixed assets    
Tangible assets 5
1,126,882
 
1,139,708
 
Current assets    
Debtors 6
959,010
 
605,153
 
Creditors: amounts falling due within one year 7
(566,465
 )
(986,980
 )
Net current assets/(liabilities)
392,545
 
(381,827
 )
Total assets less current liabilities 1,519,427   757,881  
Creditors: amounts falling due after more than one year 8
(907,361
 )
(454,237
 )
Net assets
612,066
 
303,644
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
612,065
 
303,643
 
Shareholders funds
612,066
 
303,644
 
For the year ending
31 October 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
24 July 2026
, and are signed on behalf of the board by:
Mrs Natasha Olabintan
Director
Company registration number:
09260458
ISABELLA'S HOMES LIMITED
Notes to the Financial Statements
Year ended
31 October 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
4 Firs Street
,
Dudley
,
DY2 7DN
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax. Turnover from the provision of services is recognised when services have been delivered to clients.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
25% reducing balance
Land and buildings
3% Straight Line

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
125
(2024:
125.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 November 2024
1,126,013
 
48,143
 
1,174,156
 
Additions -  
17,049
 
17,049
 
At
31 October 2025
1,126,013
 
65,192
 
1,191,205
 
Depreciation      
At
1 November 2024
24,712
 
9,736
 
34,448
 
Charge
24,712
 
5,163
 
29,875
 
At
31 October 2025
49,424
 
14,899
 
64,323
 
Carrying amount      
At
31 October 2025
1,076,589
 
50,293
 
1,126,882
 
At 31 October 2024
1,101,301
 
38,407
 
1,139,708
 

6 Debtors

20252024
££
Trade debtors
422,229
 
329,792
 
Other debtors
536,781
 
275,361
 
959,010
 
605,153
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
25,730
 
38,872
 
Taxation and social security
168,137
 
127,413
 
Other creditors
372,598
 
820,695
 
566,465
 
986,980
 
Other loans are secured by a fixed charge over the company's assets.

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
907,361
 
454,237
 
Bank loans outstanding at the reporting date include instalments due after more than five years of £888,982 (2024 – £215,279). The bank loans are secured by a fixed charge over the company's assets.

9 Operating leases

The company as lessee    
20252024
££
Not later than 1 year
34,180.00
 
0
 
Later than 1 year and not later than 5 years
41,967
 
21,750
 
76,147
 
21,750