DIFFERENT_HOUSES_LIMITED - Accounts

The average number of persons, including directors, employed by the company during the year was as follows:

As at 31 March 2021, the company had net liabilities totalling £61,331 (2020: £35,485) and net current liabilities of £1,694,596 (2020: £1,727,400).

Included within creditors due within one year was an amount owing to the director of £1,851,609 (2020: £1,837,632). Whilst this loan from the director is interest free and repayable on demand, the director has confirmed that repayments will only be made from surplus operating working capital within the company.

The director confirms that during the period of at least the next 12 months from the date of signing the accounts, he will continue to ensure that the company has access to adequate operational finance. The accounts have therefore been prepared on a going concern basis.

The company acts as landlord for administering and managing service charges and related expenditure where funds are held on trust for leaseholders occupying its freehold property. Income and expenditure relating to the service charge accounts is excluded from these accounts.

Different Houses Limited is a private company limited by shares incorporated in England and Wales. The registered office is 64 Stormont Road, London, SW11 5EL.

For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.