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REGISTERED NUMBER: 06735773 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

HORIZON CIVIL ENGINEERING LIMITED

HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HORIZON CIVIL ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: J F Burridge





SECRETARY: J F Burridge





REGISTERED OFFICE: 18 Clos Lancaster
Llantrisant
Pontyclun
Rhondda Cynon Taf
CF72 8QP





REGISTERED NUMBER: 06735773 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 192,749 176,375

CURRENT ASSETS
Stocks - 7,000
Debtors 5 209,987 470,057
Cash at bank 755,941 428,450
965,928 905,507
CREDITORS
Amounts falling due within one year 6 473,073 443,349
NET CURRENT ASSETS 492,855 462,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

685,604

638,533

CREDITORS
Amounts falling due after more than one
year

7

(121,444

)

(142,409

)

PROVISIONS FOR LIABILITIES (37,605 ) (33,511 )
NET ASSETS 526,555 462,613

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 526,554 462,612
526,555 462,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

BALANCE SHEET - continued
31 OCTOBER 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 10 April 2024 and were signed by:





J F Burridge - Director


HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Horizon Civil Engineering Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 33% on cost, 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 432,009
Additions 91,854
At 31 October 2023 523,863
DEPRECIATION
At 1 November 2022 255,634
Charge for year 75,480
At 31 October 2023 331,114
NET BOOK VALUE
At 31 October 2023 192,749
At 31 October 2022 176,375

Plant and machinery includes assets held under Hire Purchase agreements with a net book value of £138,086 (2022 - £114,943).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 147,839 247,220
Amounts recoverable on
contract 20,500 175,638
Other debtors 41,648 47,199
209,987 470,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 55,769 52,989
Trade creditors 103,488 175,778
Taxation and social security 129,662 155,405
Other creditors 184,154 59,177
473,073 443,349

HORIZON CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 06735773)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 83,110 84,075
Other creditors 38,334 58,334
121,444 142,409

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 138,879 137,064

The hire purchase liability is secured against the assets being purchased.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
J F Burridge
Balance outstanding at start of year 26,690 -
Amounts advanced 495,322 87,186
Amounts repaid (514,990 ) (60,496 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,022 26,690