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REGISTERED NUMBER: 07262532 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

HORTUS CRAFT LIMITED

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

HORTUS CRAFT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: R White





REGISTERED OFFICE: 79 Little Ann Road
Andover
Hampshire
SP11 7NW





REGISTERED NUMBER: 07262532 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 44,917 53,868

CURRENT ASSETS
Stocks 1,000 -
Debtors 5 10,182 744
Cash at bank (2,501 ) (2,501 )
8,681 (1,757 )
CREDITORS
Amounts falling due within one year 6 (74,769 ) (95,870 )
NET CURRENT LIABILITIES (66,088 ) (97,627 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,171

)

(43,759

)

CREDITORS
Amounts falling due after more than one
year

7

(36,290

)

(41,935

)

PROVISIONS FOR LIABILITIES (452 ) -
NET LIABILITIES (57,913 ) (85,694 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (58,013 ) (85,794 )
SHAREHOLDERS' FUNDS (57,913 ) (85,694 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 15 July 2023 and were signed by:





R White - Director


HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Hortus Craft 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 86,320 12,695 1,859 100,874
Additions 2,287 - - 2,287
At 31 May 2023 88,607 12,695 1,859 103,161
DEPRECIATION
At 1 June 2022 32,583 12,695 1,728 47,006
Charge for year 11,205 - 33 11,238
At 31 May 2023 43,788 12,695 1,761 58,244
NET BOOK VALUE
At 31 May 2023 44,819 - 98 44,917
At 31 May 2022 53,737 - 131 53,868

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 8,843 744
Directors' current accounts 1,339 -
10,182 744

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts (see note 8) 14,217 18,541
Hire purchase contracts 4,631 4,631
Trade creditors 4,729 7,015
Taxation and social security 49,642 42,353
Other creditors 1,550 23,330
74,769 95,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans (see note 8) 22,238 23,252
Hire purchase contracts 14,052 18,683
36,290 41,935

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


8. LOANS

An analysis of the maturity of loans is given below:

31.5.23 31.5.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 5,205 3,767
Bank loans 9,012 14,774
14,217 18,541

Amounts falling due between two and five years:
Bank loans - 2-5 years 22,238 23,252

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
R White
Balance outstanding at start of year - 17,473
Amounts advanced 1,339 -
Amounts repaid - (17,473 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,339 -

HORTUS CRAFT LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
HORTUS CRAFT LIMITED


The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG


20 July 2023