Company Registration No. 00355973 (England and Wales)
HORACE FULLER LIMITED
Unaudited accounts
for the year ended 30 September 2023
HORACE FULLER LIMITED
Unaudited accounts
Contents
HORACE FULLER LIMITED
Company Information
for the year ended 30 September 2023
Directors
Adam Stally
Brian Stally
Company Number
00355973 (England and Wales)
Registered Office
72-74 PARK STREET
HORSHAM
WEST SUSSEX
RH12 1BY
Accountants
Shepherd Accountants Limited
20 Lintot Square
Fairbank Road
Southwater, Horsham
West Sussex
RH13 9LA
HORACE FULLER LIMITED
Accountants' report
Accountants' report to the board of directors of HORACE FULLER LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
HORACE FULLER LIMITED for the year ended
30 September 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of HORACE FULLER LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of HORACE FULLER LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HORACE FULLER LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HORACE FULLER LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HORACE FULLER LIMITED. You consider that HORACE FULLER LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HORACE FULLER LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Shepherd Accountants Limited
20 Lintot Square
Fairbank Road
Southwater, Horsham
West Sussex
RH13 9LA
7 February 2024
HORACE FULLER LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
18,061
58,524
Investment property
1,545,674
1,545,674
Inventories
319,691
388,804
Cash at bank and in hand
42,678
915
Creditors: amounts falling due within one year
(388,966)
(542,625)
Net current assets/(liabilities)
7,416
(100,415)
Total assets less current liabilities
1,572,816
1,505,448
Creditors: amounts falling due after more than one year
(639,289)
(691,301)
Net assets
933,527
814,147
Called up share capital
2,636
2,636
Revaluation reserve
452,186
452,186
Profit and loss account
478,705
359,325
Shareholders' funds
933,527
814,147
For the year ending 30 September 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 7 February 2024 and were signed on its behalf by
Adam Stally
Director
Company Registration No. 00355973
HORACE FULLER LIMITED
Notes to the Accounts
for the year ended 30 September 2023
HORACE FULLER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00355973. The registered office is 72-74 PARK STREET, HORSHAM, WEST SUSSEX, RH12 1BY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
At 30 September 2023
40,000
At 30 September 2023
40,000
HORACE FULLER LIMITED
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Total
At 30 September 2023
180,478
Charge for the year
12,464
At 30 September 2023
162,417
At 30 September 2023
18,061
At 30 September 2022
58,524
6
Average number of employees
During the year the average number of employees was 20 (2022: 20).