REGISTERED NUMBER: 10103015 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

HOME-MADE UK PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Navot

G Dimopoulos

E Applerot

REGISTERED OFFICE:

2-6 Boundary Row

London

SE1 8HP

REGISTERED NUMBER:

10103015 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

1,775

-

1,775

CURRENT ASSETS

Debtors

6

506,358

682,435

Cash at bank

183,890

180,621

690,248

863,056

CREDITORS

Amounts falling due within one year

7

691,549

968,093

NET CURRENT LIABILITIES

(1,301

)

(105,037

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,301

)

(103,262

)

CREDITORS

Amounts falling due after more than one year

8

2,214,390

1,359,077

NET LIABILITIES

(2,215,691

)

(1,462,339

)

CAPITAL AND RESERVES

Called up share capital

627

627

Share premium

6,655,365

6,655,365

Convertible loan

23,118

23,118

Retained earnings

(8,894,801

)

(8,141,449

)

SHAREHOLDERS' FUNDS

(2,215,691

)

(1,462,339

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

A Navot - Director

1.	STATUTORY INFORMATION

Home-Made UK Properties 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

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

The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate, as the shareholders are committed to providing the company with the necessary finances in order to meet its liabilities as they fall due.

Turnover

Turnover represents sales of property management services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

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.

A useful life of 3 years was determined for the website costs and software development. This was in line with management's estimate of the time in which the software will remain useful without requiring significant improvements.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Computer equipment

-

33.33% on cost

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2024 - 52 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2024

and 30 November 2025

55,605

AMORTISATION

At 1 December 2024

and 30 November 2025

55,605

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

59,508

Disposals

(43,874

)

At 30 November 2025

15,634

DEPRECIATION

At 1 December 2024

57,733

Charge for year

1,775

Eliminated on disposal

(43,874

)

At 30 November 2025

15,634

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

1,775

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

350,409

365,758

Other debtors

149,939

49,973

Corporation tax

-

262,954

Prepayments and accrued income

6,010

3,750

506,358

682,435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

137,086

29,621

Social security and other taxes

384,608

584,638

Other creditors

9,567

7,831

Accruals and deferred income

160,288

346,003

691,549

968,093

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans more than 1 year

2,095,717

1,359,077

Other loans more than 5 years

118,673

-

2,214,390

1,359,077

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

286,416

187,272

10.	CONVERTIBLE FINANCING AGREEMENTS

Convertible loans

During the year to 30 November 2024, the company has entered into two unsecured convertible loan agreements which bear interest and may be repaid or converted into equity on the occurrence of specified future events.

The loans are subordinated to any existing secured debt. At the reporting date, neither loan had converted into equity and no event of default had occurred.

SAFE and warrant

The company has entered into unsecured convertible financing arrangements which may convert into equity on the occurrence of specified future events.

During the year, the company also entered into a SAFE and associated warrant arrangement. At the reporting date, no conversion had occurred.

11.	DEFERRED TAX

No deferred tax asset has been recognised in these financial statements in respect of tax losses. This is due to the uncertainty as to when the asset will be recovered, which will depend upon the company's future taxable profits. There are tax losses carried forward of approximately £7,971,000 (2024 - £7,257,000), which if provided for would result in a deferred tax asset of approximately £1,992,000 (2024 - £1,814,000).