HOUSD LTD


Directors	BLAIR, Alastair Ian Charlton
	ESMAELYAN, Ben
	ESMAELYAN, Mohammad
	MACKINGS, Kyle


Registered Address	Kymel House
	Boker Lane
	East Boldon
	NE36 0RY


Registered Number	16079147 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025
		£	£
Called up share capital not paid			100
Fixed assets
Tangible assets	3		4,077
			4,077
Current assets
Debtors		364,428
Cash at bank and on hand		253,128
		617,556
Creditors amounts falling due within one year	4	(386,425)
Net current assets (liabilities)			231,231
Total assets less current liabilities			235,308
Creditors amounts falling due after one year	5		(162,879)
Net assets			72,429
Capital and reserves
Called up share capital			100
Profit and loss account			72,329
Shareholders' funds			72,429

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 August 2026, and are signed on its behalf by:

MACKINGS, Kyle
Director
Registered Company No. 16079147

HOUSD LTD

Notes to the Financial Statements
for the period ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	These financial statements have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A (Small Entities). The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

	Going concern
	The directors have reviewed the company's forecasts and cash flow requirements for a period of at least twelve months from the date of approval of these financial statements. Having regard to the company's trading performance, its working capital position and the payment arrangements agreed in respect of its liabilities, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on a going concern basis.

Going concern

The directors have reviewed the company's forecasts and cash flow requirements for a period of at least twelve months from the date of approval of these financial statements. Having regard to the company's trading performance, its working capital position and the payment arrangements agreed in respect of its liabilities, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on a going concern basis.

	Revenue from rendering of services
	Turnover represents amounts receivable for the provision of serviced accommodation to contractors, exclusive of Value Added Tax. Revenue is recognised over the period during which the accommodation is provided, when the amount of revenue can be measured reliably and it is probable that the economic benefits will flow to the company.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Current taxation
	The taxation expense for the period comprises current tax recognised in the period. Current tax is the amount of corporation tax payable in respect of the taxable profit for the period, measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	4
	Office Equipment	4

2.	Average number of employees


		2025
	Average number of employees during the year	4

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	5,436	5,436
At 31 December 25	5,436	5,436
Depreciation and impairment
Charge for year	1,359	1,359
At 31 December 25	1,359	1,359
Net book value
At 31 December 25	4,077	4,077
At 13 November 24	-	-


	Tangible fixed assets are initially recorded at cost. Depreciation is provided so as to write off the cost of assets, less their estimated residual values, over their expected useful lives on the following basis: Computer equipment — 25% straight line; Office equipment — 25% straight line.

4.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	32,431
	Taxation and social security	253,994
	Dividends payable	100,000
	Total	386,425

5.	Creditors: amounts due after one year

		2025
		£
	Other creditors	162,879
	Total	162,879

6.	Directors advances, credits and guarantees
	During the period an interest-free advance of £5,000, repayable on demand, was made to a director. The advance was repaid in full within the period. At 31 December 2025 no amounts were owed to the company by its directors.

7.	Related party transactions
	At 31 December 2025 the company owed £162,876 to ABKM Properties Limited, a shareholder holding 50% of the company's issued share capital. The loan is unsecured and interest-free.

8.	Controlling party
	The company's issued share capital is held equally by two corporate shareholders. In the opinion of the directors there is no ultimate controlling party.