Registered number
06195880
Houston Public Relations Limited
Unaudited Filleted Accounts
31 December 2023
Houston Public Relations Limited
Registered number: 06195880
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 4 1,347 2,297
Tangible assets 5 56,251 69,593
Investments 6 397,305 397,305
454,903 469,195
Current assets
Debtors 7 729,456 844,262
Cash at bank and in hand 427,817 199,979
1,157,273 1,044,241
Creditors: amounts falling due within one year 8 (703,817) (872,837)
Net current assets 453,456 171,404
Total assets less current liabilities 908,359 640,599
Creditors: amounts falling due after more than one year 9 (1,023,879) (833,881)
Net liabilities (115,520) (193,282)
Capital and reserves
Called up share capital 100 100
Profit and loss account (115,620) (193,382)
Shareholders' funds (115,520) (193,282)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Drablow
Director
Approved by the board on 15 April 2024
Houston Public Relations Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% straight line
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
These financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued support of the controlling party and the directors.
2 Exceptional items 2023 2022
£ £
Office refit costs and dilapidations 6,758 15,213
Redundancy 21,636 0
Consultancy fees - exceptional 11,100 0
39,494 15,213
3 Employees 2023 2022
Number Number
Average number of persons employed by the company 38 40
4 Intangible fixed assets £
Website:
Cost
At 1 January 2023 9,460
At 31 December 2023 9,460
Amortisation
At 1 January 2023 7,163
Provided during the year 950
At 31 December 2023 8,113
Net book value
At 31 December 2023 1,347
At 31 December 2022 2,297
5 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 129,364
Additions 8,980
At 31 December 2023 138,344
Depreciation
At 1 January 2023 59,771
Charge for the year 22,322
At 31 December 2023 82,093
Net book value
At 31 December 2023 56,251
At 31 December 2022 69,593
6 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2023 397,305
At 31 December 2023 397,305
7 Debtors 2023 2022
£ £
Trade debtors 376,591 397,414
Amounts owed by group undertakings and undertakings in which the company has a participating interest 218,448 180,660
Other debtors 134,417 266,188
729,456 844,262
8 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 206,130 237,347
Amounts owed to group undertakings and undertakings in which the company has a participating interest 209,207 190,591
Taxation and social security costs 178,616 216,126
Other creditors 99,864 218,773
703,817 872,837
9 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 14,167 24,167
Other creditors 1,009,712 809,714
1,023,879 833,881
10 Other financial commitments 2023 2022
£ £
Total future minimum payments under non-cancellable operating leases 104,286 90,291
11 Controlling party
The company is owed by Branscombe Group Limited. The registered office of Branscombe Group Limited is 24 Bell Lane, Blackwater, Camberley GU17 0NW.
12 Other information
Houston Public Relations Limited is a private company limited by shares and incorporated in England. Its registered office is:
24 Bell Lane
Blackwater
Camberley
Surrey
GU17 0NW
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