Home in Town Ltd - Period Ending 2022-11-30

Home in Town Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 5

Home in Town Ltd

Company Information

Directors

Mr David Alan Wreathall Mrs Susan Wreathall

Registered office

31 Hillcrest Gardens Exmouth Devon EX8 4FE

Home in Town Ltd

(Registration number: 05904360)
Balance Sheet as at 30 November 2022

	Note	2022 £	2021 £
Fixed assets
Tangible assets	2	88	177
Investment property	3	1,125,000	1,125,000
		1,125,088	1,125,177
Current assets
Debtors	4	1,480	7,434
Cash at bank and in hand		14,183	10,415
		15,663	17,849
Creditors: Amounts falling due within one year	5	(9,842)	(12,440)
Net current assets		5,821	5,409
Total assets less current liabilities		1,130,909	1,130,586
Creditors: Amounts falling due after more than one year	5	(881,756)	(901,756)
Provisions for liabilities		(20,781)	(20,781)
Net assets		228,372	208,049
Capital and reserves
Called up share capital		100	100
Revaluation reserve		88,592	88,592
Retained earnings		139,680	119,357
Shareholders' funds		228,372	208,049

For the financial year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 29 August 2023 and signed on its behalf by:
 

Home in Town Ltd

(Registration number: 05904360)
Balance Sheet as at 30 November 2022 (continued)

......................................... Mr David Alan Wreathall Director

Home in Town Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2022

1	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2021 - 0).

2	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 December 2021	443	443
At 30 November 2022	443	443
Depreciation
At 1 December 2021	266	266
Charge for the year	89	89
At 30 November 2022	355	355
Carrying amount
At 30 November 2022	88	88
At 30 November 2021	177	177

3	Investment properties

	2022 £
At 1 December	1,125,000
At 30 November	1,125,000

The fair value of the property at 30 November 2022 has been arrived at on the basis of a valuation carried out
at that date by the director of the company, who is not a professionally qualified valuer. The valuation of
£1,125,000 was arrived at by reference to the market evidence of transaction prices for similar properties in its
location the property is situated.

4

Debtors

Home in Town Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2022 (continued)

4	Debtors (continued)

Current	2022 £	2021 £
Trade debtors	-	2,268
Prepayments	1,480	286
Other debtors	-	4,880
	1,480	7,434

5

Creditors

Creditors: amounts falling due within one year

	2022 £	2021 £
Due within one year
Taxation and social security	5,726	8,871
Accruals and deferred income	2,775	2,775
Other creditors	1,341	794
	9,842	12,440

Creditors: amounts falling due after more than one year

	2022 £	2021 £
Due after one year
Other non-current financial liabilities	881,756	901,756