Houseinn Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03405255

Houseinn Limited

Filleted Unaudited Financial Statements

31 December 2025

Houseinn Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Houseinn Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		1,199,420		1,199,420

Current assets

Debtors	6	16	16
Cash at bank and in hand		115,687	112,328
		---------	---------
		115,703	112,344

Creditors: amounts falling due within one year	7	52,027		51,266
		---------		---------
Net current assets			63,676		61,078
			------------		------------
Total assets less current liabilities			1,263,096		1,260,498
			------------		------------
Net assets			1,263,096		1,260,498
			------------		------------

Capital and reserves

Called up share capital	8	235,510	235,510
Share premium account		245,458	245,458
Revaluation reserve		264,923	264,923
Profit and loss account		517,205	514,607
		------------	------------
Shareholders funds		1,263,096	1,260,498
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Houseinn Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 11 August 2026 , and are signed on behalf of the board by:

J Simison

Director

Company registration number: 03405255

Houseinn Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Highfield House, Moulsham Street, Chelmsford, Essex, CM2 9AH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for rentals of commercial property, net of discounts and Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and Fittings	-	25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Average number of employees

The average number of employees during the year amounted to 4 (2024: 4) and consisted of the directors only.

5. Tangible assets

	Investment property	Fixtures and fittings	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	1,199,420	10,000	1,209,420
	------------	--------	------------
Depreciation
At 1 January 2025 and 31 December 2025	–	10,000	10,000
	------------	--------	------------
Carrying amount
At 31 December 2025	1,199,420	–	1,199,420
	------------	--------	------------
At 31 December 2024	1,199,420	–	1,199,420
	------------	--------	------------

Tangible assets held at valuation

The investment properties were valued by the directors on an open market value basis based on rental yield. Deferred tax has not been recognised on the revaluation gain as the company has no intention of selling the property.

6. Debtors

	2025	2024
	£	£
Other debtors	16	16
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	23,210	23,150
Corporation tax	23,497	22,796
Other creditors	5,320	5,320
	--------	--------
	52,027	51,266
	--------	--------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary 'A' shares of £ 5 each	17,620	88,100	17,620	88,100
Ordinary 'B' shares of £ 5 each	29,480	147,400	29,480	147,400
Ordinary 'C' shares of £ 0.01 each	1,000	10	1,000	10
	--------	---------	--------	---------
	48,100	235,510	48,100	235,510
	--------	---------	--------	---------

9. Related party transactions

During the year the company received rent amounting to £80,000 (2024: £80,000) from a company in which two of the directors are also directors.