HOME HOLDINGS 4 LIMITED

• ⚠

  Accounts not prepared on a going-concern basis

  As a result of the ongoing Managed Wind-Down of the Group's operations, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. The financial statements do not include any adjustments as a result of preparing them on a basis other than going concern.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. HOME HOLDINGS 4 LIMITED 2020-11-11 → present
2. GROLAR DEVELOPMENTS SPV 4 LIMITED 2020-08-31 → 2020-11-11

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Disclaimer of opinion

Going concern

Not a going concern (break-up basis)

“As a result of the ongoing Managed Wind-Down of the Group's operations, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. The financial statements do not include any adjustments as a result of preparing them on a basis other than going concern.”

Significant events

• “On 16 September 2024 Home REIT shareholders approved the New Investment Policy for the Managed Wind-Down of the Group's and Company's operations.”
• “On 27 November 2024, the Group repaid all outstanding Group loans and in December 2024, the Group paid all other amounts due and Scottish Widows released its charges, including company guarantees, over the Group's and Company's assets.”
• “On 2 March 2026, the Group exchanged on the disposal of 706 properties (of the 850 remaining in the portfolio on that date) to Patron Capital for £123.0 million, which is expected to complete no later than 1 April 2026.”
• “Home REIT has received a pre-action letter of claim which asserts that Home REIT provided information to investors which was false, untrue and / or misleading and as a result investors suffered losses.”
• “on 7 February 2024, Home REIT was notified by the FCA of its commencement of an investigation into Home REIT, covering the period from 22 September 2020 to 3 January 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.