SLAYMARK HORIZONS LIMITED

Company Registration Number:
08878555 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SLAYMARK HORIZONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SLAYMARK HORIZONS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,891 4,739
Investments: 4 525,000 525,000
Total fixed assets: 527,891 529,739
Current assets
Debtors:   766 718
Cash at bank and in hand: 0 3,924
Total current assets: 766 4,642
Creditors: amounts falling due within one year: 5 (64,135) (20,572)
Net current assets (liabilities): (63,369) (15,930)
Total assets less current liabilities: 464,522 513,809
Creditors: amounts falling due after more than one year: 6 (398,000) (398,000)
Provision for liabilities: (33,512) (33,512)
Total net assets (liabilities): 33,010 82,297
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:7142,867142,867
Profit and loss account: (109,957) (60,670)
Shareholders funds: 33,010 82,297

The notes form part of these financial statements

SLAYMARK HORIZONS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 September 2023
and signed on behalf of the board by:

Name: Mrs S L Turner
Status: Director

The notes form part of these financial statements

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 20,707
Additions 2,003
At 31 March 2023 22,710
Depreciation
At 01 April 2022 15,968
Charge for year 3,851
At 31 March 2023 19,819
Net book value
At 31 March 2023 2,891
At 31 March 2022 4,739

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Fixed investments

Investment property £525,000 Fair value represented by :Cost £348,621 Valuation £176,379

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Bank overdraft £1,208 (2022 - £nil)

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

Directors loan £398,000 (2022 - £398,000)the directors' loan is secured and is repayable in more than five years.

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Revaluation reserve

2023
£
Balance at 01 April 2022 142,867
Surplus or deficit after revaluation 0
Balance at 31 March 2023 142,867

SLAYMARK HORIZONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Related party transactions

The company director has made combined loans of £398,000 (2022 - £398,000) to the company. The loans are secured and are repayable on a flexible basis and are subject to full redemption no later than February 2038.At 31 March 2023 further amounts of £49,973 (2022 - £17,873) were owed by the company to the director.