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Company Registration No. 09390364 (England and Wales)
HOME NATIVE LTD Unaudited accounts for the year ended 31 January 2017
HOME NATIVE LTD Unaudited accounts Contents
Page
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HOME NATIVE LTD Company Information for the year ended 31 January 2017
Directors
Sunil Mark Singh Ashley Anthony Thompson
Company Number
09390364 (England and Wales)
Registered Office
Flat 4, Gleaneagles Court 1 Cairngorm Close Teddington Moddlesex TW11 8JJ
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HOME NATIVE LTD Statement of financial position as at 31 January 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Current assets
Inventories
5
156,024 
32,774 
Debtors
6
54,558 
22,787 
Cash at bank and in hand
57,797 
88,259 
268,379 
143,820 
Creditors: amounts falling due within one year
7
(27,908)
(32,994)
Net current assets
240,471 
110,826 
Total assets less current liabilities
240,871 
110,826 
Creditors: amounts falling due after more than one year
8
- 
(50,000)
Provisions for liabilities
Other provisions
9
(212,514)
- 
Net assets
28,357 
60,826 
Capital and reserves
Called up share capital
10
1 
1 
Profit and loss account
28,356 
60,825 
Shareholders' funds
28,357 
60,826 
For the year ending 31 January 2017 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.
Approved by the Board on 30 October 2017.
Sunil Mark Singh Director Company Registration No. 09390364
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HOME NATIVE LTD Notes to the Accounts for the year ended 31 January 2017
1
Statutory information
HOME NATIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 09390364. The registered office and principal place of business is Flat 4, Gleaneagles Court, 1 Cairngorm Close, Teddington, Moddlesex, TW11 8JJ.
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.
3
Accounting policies
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 January 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation for computer equipment has been provided over a life of 3 years to write off the assets over their estimated useful lives.
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HOME NATIVE LTD Notes to the Accounts for the year ended 31 January 2017
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2016
- 
Additions
600 
At 31 January 2017
600 
Depreciation
Charge for the year
200 
At 31 January 2017
200 
Net book value
At 31 January 2017
400 
5
Inventories
2017 
2016 
£ 
£ 
Finished goods
156,024 
32,774 
156,024 
32,774 
6
Debtors
2017 
2016 
£ 
£ 
Trade debtors
- 
15,825 
Accrued income and prepayments
54,558 
835 
Other debtors
- 
6,127 
54,558 
22,787 
7
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Bank loans and overdrafts
26,758 
- 
Trade creditors
3,810 
- 
Taxes and social security
(174)
16,664 
Proposed dividends
1,645 
330 
Other creditors
74 
16,000 
Loans from directors
(7,362)
- 
Accruals
3,157 
- 
27,908 
32,994 
8
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Other creditors
- 
50,000 
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