Homeplay Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05670760

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		175,362		182,022

			175,362		182,022
CURRENT ASSETS
Stocks	5	87,830		34,112
Debtors	6	203,939		173,481

		291,769		207,593
Creditors: Amounts Falling Due Within One Year	7	(422,282 )		(343,909 )

NET CURRENT ASSETS (LIABILITIES)			(130,513 )		(136,316 )

TOTAL ASSETS LESS CURRENT LIABILITIES			44,849		45,706

Creditors: Amounts Falling Due After More Than One Year	8		(14,672 )		(14,122 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,839 )		(2,453 )

NET ASSETS			28,338		29,131

CAPITAL AND RESERVES
Called up share capital	10		300		300
Profit and Loss Account			28,038		28,831

SHAREHOLDERS' FUNDS			28,338		29,131

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Homeplay Ltd

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Ratcliffe

Director

29th October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Homeplay Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05670760 . The registered office is 117 Windmill Road, Sunbury, Middlesex, TW16 7EF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Improvement to property	10% straight line
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	15% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Homeplay Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2025: 11)

4. Tangible Assets

	Improvement to property	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	237,200	78,380	142,269	457,849
Additions	-	-	52,232	52,232

As at 31 January 2026	237,200	78,380	194,501	510,081

Depreciation
As at 1 February 2025	137,211	68,571	70,045	275,827
Provided during the period	23,738	2,452	32,702	58,892

As at 31 January 2026	160,949	71,023	102,747	334,719

Net Book Value
As at 31 January 2026	76,251	7,357	91,754	175,362

As at 1 February 2025	99,989	9,809	72,224	182,022

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Homeplay Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Stocks

	2026	2025
	£	£
Stock	87,830	34,112

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,564	44,408
Other debtors	201,375	129,073

	203,939	173,481

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	7,240	7,240
Trade creditors	73,652	55,074
Bank loans and overdrafts	77,195	42,057
Other creditors	181,428	168,702
Taxation and social security	82,767	70,836

	422,282	343,909

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	3,351	10,591
Bank loans 2-5 years	11,321	3,531

	14,672	14,122

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,240	7,240
Later than one year and not later than five years	3,351	10,591

	10,591	17,831

	10,591	17,831

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Homeplay Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	300	300

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr James Ratcliffe	47,507	32,967	47,507	-	32,967
Mrs Charlotte Ratcliffe	47,507	32,967	47,507	-	32,967

The above loan is unsecured, interest free and repayable on demand.

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