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Company Registration No. 06945623 (England and Wales)
Houston Global Limited Unaudited accounts for the year ended 30 June 2023
Houston Global Limited Unaudited accounts Contents
Page
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Houston Global Limited Company Information for the year ended 30 June 2023
Directors
T Bonnett J Bonnett
Company Number
06945623 (England and Wales)
Registered Office
57 LIME AVENUE CAMBERLEY SURREY GU15 2BH
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Houston Global Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
27,115 
27,115 
Current assets
Inventories
437 
920 
Cash at bank and in hand
10,973 
2,109 
11,410 
3,029 
Creditors: amounts falling due within one year
(5,040)
(5,003)
Net current assets/(liabilities)
6,370 
(1,974)
Net assets
33,485 
25,141 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
33,385 
25,041 
Shareholders' funds
33,485 
25,141 
For the year ending 30 June 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by
T Bonnett Director Company Registration No. 06945623
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Houston Global Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Houston Global Limited is a private company, limited by shares, registered in England and Wales, registration number 06945623. The registered office is 57 LIME AVENUE, CAMBERLEY, SURREY, GU15 2BH.
2
Accounting policies
Accounting convention
These financial statements comply with Financial Reporting Standard 102 Section 1A.
Revenue
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services. Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.
Tangible fixed assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable for the period by the company to the fund.
3
Investments
Other investments 
£ 
Valuation at 1 July 2022
27,115 
Valuation at 30 June 2023
27,115 
The investment is 30.5% of the shares in Monolith Global GmbH, an unquoted company registered in Germany.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
95 
58 
Other creditors
1,535 
1,535 
Loans from directors
3,410 
3,410 
5,040 
5,003 
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Houston Global Limited Notes to the Accounts for the year ended 30 June 2023
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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