Home Inspirations (SW) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08306499

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,000		4,000
Tangible Assets	5		85,597		95,652

			89,597		99,652
CURRENT ASSETS
Stocks	6	26,691		29,044
Debtors	7	77,616		94,491
Cash at bank and in hand		86,626		28,480

		190,933		152,015
Creditors: Amounts Falling Due Within One Year	8	(169,066 )		(161,939 )

NET CURRENT ASSETS (LIABILITIES)			21,867		(9,924 )

TOTAL ASSETS LESS CURRENT LIABILITIES			111,464		89,728

Creditors: Amounts Falling Due After More Than One Year	9		(50,534 )		(84,202 )

NET ASSETS			60,930		5,526

CAPITAL AND RESERVES
Called up share capital	11		1		1
Profit and Loss Account			60,929		5,525

SHAREHOLDERS' FUNDS			60,930		5,526

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Home Inspirations (SW) Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Ashley Rice

Director

28/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Home Inspirations (SW) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08306499 . The registered office is 29 Looe Street, Plymouth, PL4 0EA.

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. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. 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:

Freehold	Infinite
Plant & Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

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Home Inspirations (SW) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 December 2024	4,000

As at 30 November 2025	4,000

Net Book Value
As at 30 November 2025	4,000

As at 1 December 2024	4,000

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 December 2024	27,597	77,422	195,720	300,739
Additions	-	4,445	-	4,445

As at 30 November 2025	27,597	81,867	195,720	305,184

Depreciation
As at 1 December 2024	-	63,136	141,951	205,087
Provided during the period	-	3,746	10,754	14,500

As at 30 November 2025	-	66,882	152,705	219,587

Net Book Value
As at 30 November 2025	27,597	14,985	43,015	85,597

As at 1 December 2024	27,597	14,286	53,769	95,652

6. Stocks

	2025	2024
	£	£
Materials	3,640	4,010
Work in progress	23,051	25,034

	26,691	29,044

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	37,411	45,304
Other debtors	40,205	49,187

	77,616	94,491

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Home Inspirations (SW) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	153,901	140,096
Bank loans and overdrafts	12,585	19,393
Other creditors	2,580	2,450

	169,066	161,939

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	32,664	48,095
Bank loans	3,982	16,667
Other creditors	13,888	19,440

	50,534	84,202

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	32,664	48,095

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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