Homecraft Properties Ltd - Accounts to registrar (filleted) - small 18.1

Homecraft Properties Ltd - Accounts to registrar (filleted) - small 18.1

HOMECRAFT PROPERTIES LTD - Company Information

Print Friendly Version

IRIS Accounts Production v18.1.1.51 09763904 Board of Directors Board of Directors 1.10.16 30.9.17 30.9.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure097639042016-09-30097639042017-09-30097639042016-10-012017-09-30097639042015-09-04097639042015-09-052016-09-30097639042016-09-3009763904ns15:EnglandWales2016-10-012017-09-3009763904ns14:PoundSterling2016-10-012017-09-3009763904ns10:Director12016-10-012017-09-3009763904ns10:Director22016-10-012017-09-3009763904ns10:PrivateLimitedCompanyLtd2016-10-012017-09-3009763904ns10:SmallEntities2016-10-012017-09-3009763904ns10:AuditExemptWithAccountantsReport2016-10-012017-09-3009763904ns10:SmallCompaniesRegimeForDirectorsReport2016-10-012017-09-3009763904ns10:SmallCompaniesRegimeForAccounts2016-10-012017-09-3009763904ns10:FullAccounts2016-10-012017-09-3009763904ns10:CompanySecretary12016-10-012017-09-3009763904ns10:RegisteredOffice2016-10-012017-09-3009763904ns5:CurrentFinancialInstruments2017-09-3009763904ns5:CurrentFinancialInstruments2016-09-3009763904ns5:ShareCapital2017-09-3009763904ns5:ShareCapital2016-09-3009763904ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-09-3009763904ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-09-30


REGISTERED NUMBER: 09763904 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2017

for

Homecraft Properties Ltd
Homecraft Properties Ltd (Registered number: 09763904)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Homecraft Properties Ltd

Company Information
for the Year Ended 30 September 2017







DIRECTORS: P Day
K J Bedford





SECRETARY:





REGISTERED OFFICE: 111 Milford Road
Lymington
Hampshire
SO41 8DN





REGISTERED NUMBER: 09763904 (England and Wales)





ACCOUNTANTS: Heslops Associates Limited
111 Milford Road
Lymington
Hampshire
SO41 8DN
Page 1
Homecraft Properties Ltd (Registered number: 09763904)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £   
CURRENT ASSETS
Stocks 447,203 -
Debtors 3 3,290 -
Cash at bank 9,819 -
460,312 -
CREDITORS
Amounts falling due within one year 4 460,308 -
NET CURRENT ASSETS 4 -
TOTAL ASSETS LESS CURRENT LIABILITIES 4 -

CAPITAL AND RESERVES
Called up share capital 4 -
SHAREHOLDERS' FUNDS 4 -

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 26 June 2018 and were signed on its behalf by:



P Day - Director



K J Bedford - Director


The notes form part of these financial statements

Page 2
Homecraft Properties Ltd (Registered number: 09763904)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing
stocks to their present location and condition.

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.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Other debtors 3,290 -

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Other creditors 460,308 -

Page 3 continued...
Homecraft Properties Ltd (Registered number: 09763904)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

5. SECURED DEBTS

The following secured debts are included within creditors:

30.9.17 30.9.16
£    £   
Oblix Capital Ltd 265,962 144,565

Oblix Capital Ltd has a fixed anf floating charge over all the property of the company.

Page 4
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Homecraft Properties Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are
not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of Homecraft Properties Ltd for the year ended 30 September 2017 which comprise the Income Statement, Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Homecraft Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Homecraft Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Homecraft Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Homecraft Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Homecraft Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Homecraft Properties Ltd. You consider that Homecraft Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Homecraft Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Heslops Associates Limited
111 Milford Road
Lymington
Hampshire
SO41 8DN


26 June 2018

This page does not form part of the statutory financial statements

Page 5