REGISTERED NUMBER: NI711422 (Northern Ireland)

HOMEBAWN LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Pat Brennan

Christopher Heaney

Councillor Ian Patrick Milne

John Joseph Muldoon

Sheena Wilkinson

Registered office:

Mid Ulster District Council

50 Ballyronan Road

Magherfelt

Co. Tyrone

BT45 6EN

Registered number:

NI711422 (Northern Ireland)

Accountants:

Cooper Parry Advisory Limited

Unit 7, Dyehouse

Linen Green

Dungannon

BT71 7HB

Fixed assets

Tangible assets

5

22,734

-

Current assets

Debtors: amounts falling due within one year

6

14,167

-

Cash at bank and in hand

9,715

73,297

23,882

73,297

Creditors

Amounts falling due within one year

7

(36,379

)

(76,800

)

Net current liabilities

(12,497

)

(3,503

)

Total assets less current liabilities

10,237

(3,503

)

Capital and reserves

Called up share capital

1

1

Retained earnings

10,236

(3,504

)

10,237

(3,503

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2026 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 10 June 2026 and were signed on its behalf by:

John Joseph Muldoon - Director

1.	Statutory information

Homebawn Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Property, plant and equipment

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

Fixtures and Fittings: 25% reducing balance

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4.	Employees and directors

The average number of employees during the year was 1 (2025 - 1 ) .

5.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

Additions

23,265

At 31 March 2026

23,265

Depreciation

Charge for year

531

At 31 March 2026

531

Net book value

At 31 March 2026

22,734

6.

Debtors: amounts falling due within one year

2026

2025

£

£

Other debtors

14,167

-

7.

Creditors: amounts falling due within one year

2026

2025

£

£

Trade creditors

34,489

-

Other creditors

1,890

76,800

36,379

76,800