Homes Property Services (UK) Limited - Accounts to registrar (filleted) - small 18.1

Homes Property Services (UK) Limited - Accounts to registrar (filleted) - small 18.1

HOMES PROPERTY SERVICES (UK) LIMITED - Company Information

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REGISTERED NUMBER: 08201406 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

HOMES PROPERTY SERVICES (UK) LIMITED

HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOMES PROPERTY SERVICES (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2017







DIRECTOR: Ms S Lee





REGISTERED OFFICE: Brandon House
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RX





REGISTERED NUMBER: 08201406 (England and Wales)





ACCOUNTANTS: Haines Watts
Advantage
87 Castle Street
Reading
Berkshire
RG1 7SN
Page 1
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

BALANCE SHEET
30 SEPTEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 49,666 59,499
Tangible assets 5 3,174 4,475
52,840 63,974

CURRENT ASSETS
Stocks 20 15
Debtors 6 12,861 16,121
Cash at bank 16,240 20,195
29,121 36,331
CREDITORS
Amounts falling due within one year 7 62,874 16,662
NET CURRENT (LIABILITIES)/ASSETS (33,753 ) 19,669
TOTAL ASSETS LESS CURRENT
LIABILITIES
19,087
83,643

CREDITORS
Amounts falling due after more than one
year
8
-
54,000
NET ASSETS 19,087 29,643

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,987 29,543
19,087 29,643

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 director acknowledges her 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 notes form part of these financial statements

Page 2
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

BALANCE SHEET - continued
30 SEPTEMBER 2017


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 and authorised for issue by the director on 28 June 2018 and were
signed by:





Ms S Lee - Director


The notes form part of these financial statements

Page 3
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2017


1. STATUTORY INFORMATION

Homes Property Services (UK) 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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.


Page 4
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2016
and 30 September 2017 98,331
AMORTISATION
At 1 October 2016 38,832
Charge for year 9,833
At 30 September 2017 48,665
NET BOOK VALUE
At 30 September 2017 49,666
At 30 September 2016 59,499

Page 5
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2016 16,527
Additions 1,195
At 30 September 2017 17,722
DEPRECIATION
At 1 October 2016 12,052
Charge for year 2,496
At 30 September 2017 14,548
NET BOOK VALUE
At 30 September 2017 3,174
At 30 September 2016 4,475

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 9,790 12,171
Other debtors 3,071 3,950
12,861 16,121

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 1,031 2,607
Taxation and social security 8,610 12,455
Other creditors 53,233 1,600
62,874 16,662

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Other creditors - 54,000

Page 6
HOMES PROPERTY SERVICES (UK) LIMITED (REGISTERED NUMBER: 08201406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2017


9. RELATED PARTY DISCLOSURES

Ms S Lee
A director and shareholder of the company.


Provided a loan to the company, being repayable on demand.

2017 2016
£    £   
Amount due to related party at the balance sheet date 45,534 54,000

Page 7