Company Registration No. 10290376 (England and Wales)
HomeViews Platform Limited
Unaudited accounts
for the year ended 31 July 2021
HomeViews Platform Limited
Unaudited accounts
Contents
HomeViews Platform Limited
Company Information
for the year ended 31 July 2021
Directors
Edward Barroll Brown
Rory William Cramer
Hannah Marsh
Oliver James McGinn
Company Number
10290376 (England and Wales)
Registered Office
HomeViews Platform Limited
12-18 Hoxton Street
London
N1 6NG
GBR
Accountants
The Accountancy Cloud
12-18 Hoxton Street
London
N1 6NG
UK
HomeViews Platform Limited
Statement of financial position
as at
31 July 2021
Tangible assets
10,876
7,131
Cash at bank and in hand
902,640
449,449
Creditors: amounts falling due within one year
(137,848)
(63,577)
Net current assets
857,007
529,124
Total assets less current liabilities
867,883
536,255
Creditors: amounts falling due after more than one year
-
(50,000)
Net assets
867,883
486,255
Called up share capital
209
203
Share premium
3,310,897
1,957,409
Profit and loss account
(2,443,223)
(1,471,357)
Shareholders' funds
867,883
486,255
For the year ending 31 July 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2021 and were signed on its behalf by
Oliver James McGinn
Director
Company Registration No. 10290376
HomeViews Platform Limited
Notes to the Accounts
for the year ended 31 July 2021
HomeViews Platform Limited is a private company, limited by shares, registered in England and Wales, registration number 10290376. The registered office is HomeViews Platform Limited, 12-18 Hoxton Street, London, N1 6NG, GBR.
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:
Plant & machinery
20% Straight Line
Computer equipment
20% Straight Line
Expenditure on research and development is written off in the year in which it is incurred.
Research and development tax credit
During the financial year, HomeViews Platform Limited received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Income Statement in line with disclosure requirements under FRS 102.
HomeViews Platform Limited
Notes to the Accounts
for the year ended 31 July 2021
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2020
2,042
6,831
8,873
At 31 July 2021
2,042
12,761
14,803
At 1 August 2020
265
1,477
1,742
Charge for the year
408
1,777
2,185
At 31 July 2021
673
3,254
3,927
At 31 July 2021
1,369
9,507
10,876
At 31 July 2020
1,777
5,354
7,131
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
1,890
35,720
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
81,729
62,233
Taxes and social security
39,610
200
Other creditors
17,680
1,144
7
Creditors: amounts falling due after more than one year
2021
2020
Coronavirus Outbreak Bounceback Loan*
*This relates to the Coronavirus outbreak Bounceback loan. No repayments or interest are due in the first 12 months of the loan following which interest will be charged at the rate of 2.5% per annum
8
Average number of employees
During the year the average number of employees was 12 (2020: 6).