ACCOUNTS - Final Accounts

HOMEJUST LIMITED - Company Information

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Registered number: 02440719

HOMEJUST LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2019

HOMEJUST LIMITED

REGISTERED NUMBER: 02440719

BALANCE SHEET

AS AT 31 DECEMBER 2019

		2019		2018
Note		£		£

Fixed assets
Investments	3		550,052		550,002
			550,052		550,002
Current assets
Cash at bank and in hand		98		98
		98		98
Creditors: amounts falling due within one year	4	(25,850)		(25,800)
Net current liabilities			(25,752)		(25,702)
Total assets less current liabilities			524,300		524,300

Net assets			524,300		524,300

Capital and reserves
Called up share capital	100	100
Profit and loss account	524,200	524,200
	524,300	524,300

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HOMEJUST LIMITED

REGISTERED NUMBER: 02440719

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2019

For the year ended 31 December 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 November 2020.

................................................

C J Pattinson

Director

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HOMEJUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

1.Accounting policies

1.1

Company information

The company is a private limited company, which is incorporated and registered in England and Wales (company number: 02440719). The address of the registered office is Mercantile House, Silverlink, Wallsend, NE28 9NY.

1.2

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006. The company has taken advantage of the exemption available under the Companies Act 2016 not to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The following principal accounting polcies have been applied:

1.3

Going concern

The company has adequate resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting is appropriate in preparing the annual financial statements.

1.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

1.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

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HOMEJUST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

Employees

The average monthly number of employees, including directors, during the year was 2 (2018 - 2).

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2019	550,002
	Additions	50
	At 31 December 2019	550,052

4.	Creditors: Amounts falling due within one year
		2019	2018
		£	£

Amounts owed to group undertakings	25,850	25,800
	25,850	25,800

5.	Related party transactions

At the year end the company owed Keith Pattinson Limited (a subsidiary) £25,800 (2018: £25,800) and Three Rivers Financial Limited (a subsidiary) £50 (2018: £nil).

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