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Company Registration No. 12889483 (England and Wales)
Horizon Growth Limited Unaudited accounts for the year ended 31 December 2023
Horizon Growth Limited Unaudited accounts Contents
Page
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Horizon Growth Limited Company Information for the year ended 31 December 2023
Directors
C.J. Dobbin R.W. Healy
Company Number
12889483 (England and Wales)
Registered Office
63-66 Hatton Garden 5th Floor Suite 23 London EC1N 8LE United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Horizon Growth Limited Accountants' report
Accountants' report to the board of directors of Horizon Growth Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Horizon Growth Limited for the year ended 31 December 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 Horizon Growth 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 Horizon Growth 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 Horizon Growth Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Horizon Growth 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 loss of Horizon Growth Limited. You consider that Horizon Growth 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 Horizon Growth 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.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 15 February 2024
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Horizon Growth Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,387 
10,208 
Current assets
Debtors
32,742 
4,134 
Cash at bank and in hand
10,353 
32,859 
43,095 
36,993 
Creditors: amounts falling due within one year
(53,644)
(32,616)
Net current (liabilities)/assets
(10,549)
4,377 
Total assets less current liabilities
(2,162)
14,585 
Creditors: amounts falling due after more than one year
(2,178)
(4,792)
Net (liabilities)/assets
(4,340)
9,793 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,440)
9,693 
Shareholders' funds
(4,340)
9,793 
For the year ending 31 December 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 15 February 2024 and were signed on its behalf by
C.J. Dobbin Director Company Registration No. 12889483
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Horizon Growth Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Horizon Growth Limited is a private company, limited by shares, registered in England and Wales, registration number 12889483. The registered office is 63-66 Hatton Garden, 5th Floor Suite 23, London, EC1N 8LE, United Kingdom.
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.
3
Accounting policies
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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
6,197 
5,723 
11,920 
Additions
441 
324 
765 
At 31 December 2023
6,638 
6,047 
12,685 
Depreciation
At 1 January 2023
808 
904 
1,712 
Charge for the year
1,349 
1,237 
2,586 
At 31 December 2023
2,157 
2,141 
4,298 
Net book value
At 31 December 2023
4,481 
3,906 
8,387 
At 31 December 2022
5,389 
4,819 
10,208 
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Horizon Growth Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,234 
Trade debtors
14,562 
900 
Other debtors
18,180 
1,000 
32,742 
4,134 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,614 
2,614 
VAT
6,937 
- 
Trade creditors
38,910 
27,388 
Taxes and social security
4,517 
509 
Other creditors
- 
459 
Loans from directors
- 
1,093 
Accruals
666 
553 
53,644 
32,616 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,178 
4,792 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
C.J. Dobbin
Director Loan Account
(285)
(6,788)
(22,929)
15,856 
R.W. Healy
Director Loan Account
(808)
(21,251)
(23,383)
1,324 
(1,093)
(28,039)
(46,312)
17,180 
9
Average number of employees
During the year the average number of employees was 6 (2022: 2).
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