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Registered number: 03657688
HOMESEARCH LIMITED
Financial Statements
For The Year Ended 31 October 2025
Tamsons
52A SPRING GROVE ROAD
HOUNSLOW
MIDDLESEX
TW3 4BN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03657688
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,302 11,454
16,302 11,454
CURRENT ASSETS
Debtors 5 - 1
Cash at bank and in hand 7,219 49,483
7,219 49,484
Creditors: Amounts Falling Due Within One Year 6 (295,319 ) (287,160 )
NET CURRENT ASSETS (LIABILITIES) (288,100 ) (237,676 )
TOTAL ASSETS LESS CURRENT LIABILITIES (271,798 ) (226,222 )
Creditors: Amounts Falling Due After More Than One Year 7 (3,627 ) (11,567 )
NET LIABILITIES (275,425 ) (237,789 )
CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and Loss Account (275,527 ) (237,891 )
SHAREHOLDERS' FUNDS (275,425) (237,789)
Page 1
Page 2
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.
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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Farouk Oomerjee
Director
Miss Zainab Owarish
Director
22/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HOMESEARCH LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03657688 . The registered office is 88 South Ealing Road, London, W5 4QB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 18%
Motor Vehicles 18%
Fixtures & Fittings 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 3 2
3 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2024 7,641 15,182 2,168 24,991
Additions - 11,524 - 11,524
Disposals - (15,182 ) - (15,182 )
As at 31 October 2025 7,641 11,524 2,168 21,333
...CONTINUED
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Page 4
Depreciation
As at 1 November 2024 3,010 9,554 973 13,537
Provided during the period 833 - 215 1,048
Disposals - (9,554 ) - (9,554 )
As at 31 October 2025 3,843 - 1,188 5,031
Net Book Value
As at 31 October 2025 3,798 11,524 980 16,302
As at 1 November 2024 4,631 5,628 1,195 11,454
5. Debtors
2025 2024
£ £
Due within one year
Directors' loan accounts - 1
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 58,794 -
Other taxes and social security 1 -
VAT 584 718
Net wages 1,841 -
Other creditors-accountancy 16,500 16,450
Pension creditors Nest 67 83
Client ledger 7,219 43,890
Other creditors (5) 66,678 44,735
Directors' loan accounts 143,635 181,284
295,319 287,160
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,627 11,567
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 102
Page 4