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Company registration number: 12450179
Lily Homes (Home Counties ) Limited
Information for filing with the registrar
28 February 2026
Lily Homes (Home Counties ) Limited
Contents
Abridged statement of financial position
Notes to the financial statements
Lily Homes (Home Counties ) Limited
Abridged statement of financial position
28 February 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 5 2,381 3,175
_______ _______
2,381 3,175
Current assets
Debtors 57,015 68,556
Cash at bank and in hand 3,298 14,432
_______ _______
60,313 82,988
Creditors: amounts falling due
within one year ( 2,109) ( 2,376)
_______ _______
Net current assets 58,204 80,612
_______ _______
Total assets less current liabilities 60,585 83,787
_______ _______
Net assets 60,585 83,787
_______ _______
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 60,485 83,687
_______ _______
Shareholders funds 60,585 83,787
_______ _______
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 28 October 2026 , and are signed on behalf of the board by:
Mr Sam Robert Tiffin
Director
Company registration number: 12450179
Lily Homes (Home Counties ) Limited
Notes to the financial statements
Year ended 28 February 2026
1. General information
The company is a private company limited by shares, registered in the UK. The address of the registered office is Lily Homes (Home Counties ) Limited, Kings Head House 15 London End, Beaconsfield, Buckinghamshire, England, HP9 2HN.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).
5. Tangible assets
£
Cost
At 1 March 2025 and 28 February 2026 5,661
_______
Depreciation
At 1 March 2025 2,486
Charge for the year 794
_______
At 28 February 2026 3,280
_______
Carrying amount
At 28 February 2026 2,381
_______
At 28 February 2025 3,175
_______
6. Called up share capital
Issued, called up and fully paid
2026 2025
No £ No £
Ordinary shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
7. Related party transactions
Mr Sam Robert Tiffin is a director and 100% shareholder.At the year end the company owes £458 (2025 : £458) to Mr Sam Robert Tiffin . Mr Sam Robert Tiffin is also a director and 100% shareholder of Progress Planning and Land Consultants Limited. At the year end the company owed from £Nil (2025 : £9,150) Progress Planning and Land Consultants Limited. Mr Sam Robert Tiffin is also a director and 100% shareholder of Progress Architecture Limited. Mr Sam Robert Tiffin is also a diretcor and 100% shareholder of Progress Design (HC & LDN) Limited
8. Controlling party
The company is controlled by Mr Sam Robert Tiffin.