HOMES TRANSFORMED LIMITED - Filleted accounts

Registered number

07459056

HOMES TRANSFORMED LIMITED

Filleted Accounts

31 October 2025

HOMES TRANSFORMED LIMITED
Registered number:		07459056
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		887			266
Investment properties	4		108,859			-
			109,746			266

Current assets
Debtors	5	143,242			147,425
Cash at bank and in hand		2,966			23,648
		146,208			171,073

Creditors: amounts falling due within one year	6	(332,631)			(84,449)

Net current (liabilities)/assets			(186,423)			86,624

Total assets less current liabilities			(76,677)			86,890

Creditors: amounts falling due after more than one year	7		-			(145,916)



Net liabilities			(76,677)			(59,026)

Capital and reserves
Called up share capital			3			3
Profit and loss account			(76,680)			(59,029)

Shareholder's funds			(76,677)			(59,026)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Bartley
Director
Approved by the board on 21 October 2026

HOMES TRANSFORMED LIMITED
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	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).

	Going Concern
	The director has confirmed that she will continue to give financial support to the company until such time as its position improves. In addition, the director has confirmed that she will not recall her loans within 12 months. The director considers that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Investment properties
	Investment properties are included in the statement of financial position at their open market value in accordance with the FRS 102- Section 1A and are not depreciated. The investment properties held by the company are periodically valued by the directors on an open market, existing use basis. The directors then assesses whether the valuation is reasonable or requires amending at each year end.

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 November 2024				355
	Additions				917
	At 31 October 2025				1,272

	Depreciation
	At 1 November 2024				89
	Charge for the year				296
	At 31 October 2025				385

	Net book value
	At 31 October 2025				887
	At 31 October 2024				266


4	Investment property
Investment
Property

£
	Cost
	Additions				108,859

	At 31 October 2025				108,859

	The revaluations were made by the directors on an open market value. The historical cost is £108,589.


5	Debtors		2025		2024
£				£

	Other debtors		143,242		147,425


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		5,716		9,600
	Other creditors		326,915		74,849
			332,631		84,449


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		-		5,916
	Other creditors		-		140,000
			-		145,916


8	Related party transactions

	Included in 'Other Debtors' at 31 October 2025 is an amount of £25,000 (2024 - £25,000) owed from a company in which there are directors in common. The balance is unsecured and repayable on demand.

	Included in 'Other Creditors' at 31 October 2025 is an amount of £117,635 (2024 - £73,949) owed to the director. The balance is unsecured, interest free and repayable on demand.

9	Other information

	HOMES TRANSFORMED LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Jubilee
	Clay Hill
	Hintlesham
	Ipswich
	IP8 3QL