Company Registration No. 09025203 (England and Wales)
HOMEFIX LONDON LTD.
Unaudited accounts
for the year ended 31 May 2022
HOMEFIX LONDON LTD.
Unaudited accounts
Contents
HOMEFIX LONDON LTD.
Company Information
for the year ended 31 May 2022
Company Number
09025203 (England and Wales)
Registered Office
117a
117a St. Johns Hill,
Sevenoaks
TN13 3PE
Accountants
Taxacc Solutions Ltd
117A St. John's Hill
Sevenoaks
Kent
TN13 3PE
HOMEFIX LONDON LTD.
Statement of financial position
as at 31 May 2022
Cash at bank and in hand
(9,805)
17,950
Creditors: amounts falling due within one year
(17,939)
(24,351)
Net current (liabilities)/assets
(2,730)
17,411
Total assets less current liabilities
8,920
17,411
Creditors: amounts falling due after more than one year
(8,407)
(15,000)
Called up share capital
100
100
Profit and loss account
413
2,311
Shareholders' funds
513
2,411
For the year ending 31 May 2022 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2023 and were signed on its behalf by
Matthew Wood
Director
Company Registration No. 09025203
HOMEFIX LONDON LTD.
Notes to the Accounts
for the year ended 31 May 2022
HOMEFIX LONDON LTD. is a private company, limited by shares, registered in England and Wales, registration number 09025203. The registered office is 117a , 117a St. Johns Hill,, Sevenoaks, TN13 3PE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
HOMEFIX LONDON LTD.
Notes to the Accounts
for the year ended 31 May 2022
Amounts falling due within one year
Trade debtors
12,350
5,043
Accrued income and prepayments
209
686
Other debtors
10,343
18,083
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
3,252
-
Taxes and social security
11,325
9,182
Loans from directors
457
-
7
Creditors: amounts falling due after more than one year
2022
2021
8
Transactions with related parties
Amount due to a related party at the balance sheet date £457 (2021: £-17,975)
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
