REGISTERED NUMBER: 09312171 (England and Wales)

HOMER LIMITED

Unaudited Financial Statements for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss L S Espie-Whitburn

S A Espie-Whitburn

T J E Turner

REGISTERED OFFICE:

215 Tame Road Witton

Birmingham

West Midlands

B6 7DQ

REGISTERED NUMBER:

09312171 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

58,302

94,046

Investments

6

1,219,850

1,219,850

1,278,153

1,313,897

CURRENT ASSETS

Debtors

7

489,194

623,638

Cash at bank

190,279

163,918

679,473

787,556

CREDITORS

Amounts falling due within one year

8

712,964

450,535

NET CURRENT (LIABILITIES)/ASSETS

(33,491

)

337,021

TOTAL ASSETS LESS CURRENT LIABILITIES

1,244,662

1,650,918

PROVISIONS FOR LIABILITIES

14,576

23,512

NET ASSETS

1,230,086

1,627,406

CAPITAL AND RESERVES

Called up share capital

8,610

8,610

Share premium

1,046,513

1,046,513

Capital redemption reserve

3,529

3,529

Retained earnings

171,434

568,754

1,230,086

1,627,406

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

S A Espie-Whitburn - Director

1.	STATUTORY INFORMATION

Homer 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on cost and 10% on cost

Fixtures and fittings

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

1

NET BOOK VALUE

At 30 November 2025

1

At 30 November 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 December 2024

1,142,654

-

1,142,654

Additions

273

4,870

5,143

At 30 November 2025

1,142,927

4,870

1,147,797

DEPRECIATION

At 1 December 2024

1,048,608

-

1,048,608

Charge for year

40,684

203

40,887

At 30 November 2025

1,089,292

203

1,089,495

NET BOOK VALUE

At 30 November 2025

53,635

4,667

58,302

At 30 November 2024

94,046

-

94,046

6.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

1,200,050

1,200,050

Other investments not loans

19,800

19,800

1,219,850

1,219,850

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 December 2024

and 30 November 2025

1,200,050

NET BOOK VALUE

At 30 November 2025

1,200,050

At 30 November 2024

1,200,050

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Antique furniture

19,800

19,800

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

489,012

623,274

Prepayments

182

364

489,194

623,638

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

23,137

11,491

Amounts owed to group undertakings

557,981

291,250

Social security and other taxes

33,679

70,527

Other creditors

4,740

-

Directors' loan accounts

73,125

70,530

Accruals and deferred income

20,302

6,737

712,964

450,535

9.	RELATED PARTY DISCLOSURES

At the year end the company was owed £437,516 (2024 £360,176) from Finish Facades Ltd.

At the year end the company was owed £51,496 (2024 £87,496) from Protective Metal Finishing Ltd.

These companies have common directors.