HOMECROFT ENTERPRISES LIMITED

Company Registration Number:
15559962 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 13 March 2024

End date: 31 March 2025

HOMECROFT ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HOMECROFT ENTERPRISES LIMITED

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The principal activity of the Company during the period was the provision of other service activities not elsewhere classified, including business support and back-office services, together with digital and creative support services (SIC code 96090).

Additional information

During the Company's first accounting period ended 31 March 2025, turnover was £78,570 and profit after taxation was £3,110. At 31 March 2025, total net assets amounted to £90,110 and cash at bank and in hand was £65,400. The Company had no dividends recorded as paid during the period. The Director monitors the Company's liquidity, credit exposure, service delivery costs, investment balances and financing commitments. The financial statements have been prepared on a going concern basis. The Company qualifies for audit exemption under section 477 of the Companies Act 2006.



Directors

The director shown below has held office during the whole of the period from
13 March 2024 to 31 March 2025

Mairis Pamils-Pamiljans

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 April 2025

And signed on behalf of the board by:
Name: Mairis Pamils-Pamiljans
Status: Director

HOMECROFT ENTERPRISES LIMITED

Profit And Loss Account

for the Period Ended 31 March 2025

13 months to 31 March 2025


£
Turnover: 78,570
Cost of sales: ( 67,100 )
Gross profit(or loss): 11,470
Distribution costs: 0
Administrative expenses: ( 7,631 )
Other operating income: 0
Operating profit(or loss): 3,839
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 3,839
Tax: ( 729 )
Profit(or loss) for the financial year: 3,110

HOMECROFT ENTERPRISES LIMITED

Balance sheet

As at 31 March 2025

Notes 13 months to 31 March 2025


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 30,966
Tangible assets: 4 42,953
Investments: 5 450,000
Total fixed assets: 523,919
Current assets
Stocks:   0
Debtors: 6 32,000
Cash at bank and in hand: 65,400
Investments: 7 175,000
Total current assets: 272,400
Prepayments and accrued income: 6,200
Creditors: amounts falling due within one year: 8 ( 4,760 )
Net current assets (liabilities): 273,840
Total assets less current liabilities: 797,759
Creditors: amounts falling due after more than one year: 9 ( 684,649 )
Provision for liabilities: 0
Accruals and deferred income: ( 23,000 )
Total net assets (liabilities): 90,110
Capital and reserves
Called up share capital: 87,000
Share premium account: 0
Other reserves: 0
Profit and loss account: 3,110
Total Shareholders' funds: 90,110

The notes form part of these financial statements

HOMECROFT ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 April 2025
and signed on behalf of the board by:

Name: Mairis Pamils-Pamiljans
Status: Director

The notes form part of these financial statements

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue represents amounts earned from services provided in the ordinary course of business. Revenue is recognised when the relevant services have been provided and the Company's entitlement to consideration is established.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are recognised at cost and depreciated over their estimated useful lives.

    Intangible fixed assets amortisation policy

    Intangible assets are recognised at cost and amortised over their estimated useful lives.

    Valuation information and policy

    The financial statements have been prepared on the historical cost basis.

    Other accounting policies

    The financial statements have been prepared on the historical cost basis in accordance with the provisions applicable to companies subject to the small companies regime, including FRS 102 Section 1A, as applicable. Amounts are rounded to the nearest pound sterling. Revenue is recognised when services have been provided and the Company's entitlement to consideration is established. Cost of sales includes costs directly attributable to the provision of services. Debtors are recognised at amounts expected to be received, subject to impairment assessment, and creditors are recognised at amounts payable. Cash and cash equivalents comprise cash held with financial institutions and available on demand. Investments are classified as current or non-current according to their classification in the Statement of Financial Position. Corporation tax is recognised in the financial statements for the reporting period.

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    13 months to 31 March 2025
    Average number of employees during the period 7

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 0 31,000 31,000
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 March 2025 0 31,000 31,000
Amortisation
Charge for year 0 34 34
On disposals 0 0 0
Other adjustments 0 0 0
At 31 March 2025 0 34 34
Net book value
At 31 March 2025 0 30,966 30,966

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 43,000 0 43,000
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0
At 31 March 2025 0 0 0 43,000 0 43,000
Depreciation
Charge for year 0 0 0 47 0 47
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 March 2025 0 0 0 47 0 47
Net book value
At 31 March 2025 0 0 0 42,953 0 42,953

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Fixed assets investments note

Non-current investments at cost amounted to £450,000 at 31 March 2025. Total fixed assets, including intangible assets of £30,966 and tangible assets of £42,953, amounted to £523,919.

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Debtors

13 months to 31 March 2025
£
Trade debtors 32,000
Prepayments and accrued income 0
Other debtors 0
Total 32,000
Debtors due after more than one year: 0

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Current assets investments note

Current investments amounted to £175,000 at 31 March 2025.

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

8. Creditors: amounts falling due within one year note

13 months to 31 March 2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 4,031
Taxation and social security 729
Accruals and deferred income 0
Other creditors 0
Total 4,760

HOMECROFT ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

9. Creditors: amounts falling due after more than one year note

13 months to 31 March 2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 684,649
Total 684,649