Homemove Direct Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03943559 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2020

FOR

HOMEMOVE DIRECT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R S Johnson

SECRETARY:

R S Johnson

REGISTERED OFFICE:

7 Old Elvet

Durham

DH1 3HL

REGISTERED NUMBER:

03943559 (England and Wales)

ACCOUNTANTS:

Ribchesters

Chartered Accountants

Finchale House

Belmont Business Park

Durham

DH1 1TW

CREDITORS

Amounts falling due within one year

4

93,778

93,778

NET CURRENT LIABILITIES

(93,778

)

(93,778

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(93,778

)

(93,778

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(93,878

)

(93,878

)

SHAREHOLDERS' FUNDS

(93,778

)

(93,778

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2020 and were signed by:

R S Johnson - Director

1.	STATUTORY INFORMATION

Homemove Direct Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

The company ceased trading on 30th November 2010 therefore these accounts have not been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Taxation and social security

357

357

Other creditors

93,421

93,421

93,778

93,778

5.	CONTINGENT LIABILITIES

The company has contingent liabilities in respect of a cross-guarantee with the bank borrowings of the following companies:

J.W. Wood Limited

J.W. Wood Commercial Limited

J.W. Wood (Darlington) Limited

Homemove (Durham) Limited

Homemove (Chester-le-Street) Limited

Homemove (Professional) Limited

Homemove Services North East Limited

6.	RELATED PARTY DISCLOSURES

The company is dormant having previously received a loan from another company where one or more of this company's directors are directors and/or shareholders in that company. The total due to the other company at the balance sheet date was £93,421 (2019: £93,421). No interest is due on this balance.