Home Rent West Wales Limited


Directors	G G Perfect
	C A Perfect


Registered Address	Ffynnonddofn
	74 High Street
	Fishguard
	SA65 9AU


Registered Number	07990567 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		18,770		37,587
			18,770		37,587
Current assets
Debtors	4	2,376,237		2,285,915
Cash at bank and on hand		87,135		6,555
		2,463,372		2,292,470
Creditors amounts falling due within one year	5	(1,674,584)		(1,534,877)
Net current assets (liabilities)			788,788		757,593
Total assets less current liabilities			807,558		795,180
Creditors amounts falling due after one year	6		(25,273)		(30,232)
Net assets			782,285		764,948
Capital and reserves
Called up share capital			10		10
Profit and loss account			782,275		764,938
Shareholders' funds			782,285		764,948

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 24 August 2026, and are signed on its behalf by:

G G Perfect
Director
Registered Company No. 07990567

Home Rent West Wales Limited

Notes to the Financial Statements
for the year ended 31 March 2026

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation.


	Reducing balance (%)	Straight line (years)
Land and buildings	-	25
Vehicles	25	-

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees
	There were no employees during the years ended 31 March 2026 and 31 March 2025.


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 25	71,496
	Disposals	(31,085)
	At 31 March 26	40,411
	Depreciation and impairment
	At 01 April 25	33,909
	Charge for year	7,310
	On disposals	(19,578)
	At 31 March 26	21,641
	Net book value
	At 31 March 26	18,770
	At 31 March 25	37,587

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	1,000	2,554
Other debtors	2,375,237	2,283,361
Total	2,376,237	2,285,915

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	4,962	4,745
Taxation and social security	13,211	29,629
Other creditors	1,651,556	1,495,649
Accrued liabilities and deferred income	4,855	4,854
Total	1,674,584	1,534,877


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	25,273	30,232
Total	25,273	30,232

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
G G Perfect	45,072	0	45,072	0
	45,072	0	45,072	0