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REGISTERED NUMBER: 09455720 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

HK Horsford Ltd

HK Horsford Ltd (Registered number: 09455720)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HK Horsford Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: S F Wong





REGISTERED OFFICE: The Coach House
1 Howard Road
Reigate
Surrey
RH2 7JE





REGISTERED NUMBER: 09455720 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
North Building
1 Howard Road
Reigate
Surrey
RH2 7JE

HK Horsford Ltd (Registered number: 09455720)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,097 5,288

CURRENT ASSETS
Stocks 3,000 2,500
Debtors 5 15,050 11,000
Cash at bank and in hand - 5,730
18,050 19,230
CREDITORS
Amounts falling due within one year 6 28,423 13,941
NET CURRENT (LIABILITIES)/ASSETS (10,373 ) 5,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,276

)

10,577

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,277 ) 10,576
SHAREHOLDERS' FUNDS (3,276 ) 10,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

HK Horsford Ltd (Registered number: 09455720)

Balance Sheet - continued
28 February 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 12 October 2023 and were signed by:





S F Wong - Director


HK Horsford Ltd (Registered number: 09455720)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

HK Horsford Ltd 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 represents net invoiced sale of goods and services, excluding value added tax.

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

Stocks
Stocks are valued at lower of cost and net realisable value.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

HK Horsford Ltd (Registered number: 09455720)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2022 10,498
Additions 4,175
At 28 February 2023 14,673
DEPRECIATION
At 1 March 2022 5,210
Charge for year 2,366
At 28 February 2023 7,576
NET BOOK VALUE
At 28 February 2023 7,097
At 28 February 2022 5,288

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 11,000 11,000
Tax 3,685 -
Prepayments 365 -
15,050 11,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax (41 ) 4,248
Social security and other taxes (67 ) 910
VAT 4,288 5,267
Other creditors 67 34
Directors' current accounts 20,276 1,067
Accrued expenses 3,900 2,415
28,423 13,941

7. ULTIMATE CONTROLLING PARTY

The controlling party is S F Wong.