IRIS Accounts Production v24.1.9.2 07096299 director 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070962992022-10-31070962992023-10-31070962992022-11-012023-10-31070962992021-10-31070962992021-11-012022-10-31070962992022-10-3107096299ns15:EnglandWales2022-11-012023-10-3107096299ns14:PoundSterling2022-11-012023-10-3107096299ns10:Director12022-11-012023-10-3107096299ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3107096299ns10:SmallEntities2022-11-012023-10-3107096299ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3107096299ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3107096299ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3107096299ns10:FullAccounts2022-11-012023-10-3107096299ns10:OrdinaryShareClass12022-11-012023-10-3107096299ns10:CompanySecretary12022-11-012023-10-3107096299ns10:RegisteredOffice2022-11-012023-10-3107096299ns5:CurrentFinancialInstruments2023-10-3107096299ns5:CurrentFinancialInstruments2022-10-3107096299ns5:ShareCapital2023-10-3107096299ns5:ShareCapital2022-10-3107096299ns5:RetainedEarningsAccumulatedLosses2023-10-3107096299ns5:RetainedEarningsAccumulatedLosses2022-10-3107096299ns5:FurnitureFittings2022-11-012023-10-3107096299ns5:FurnitureFittings2022-10-3107096299ns5:FurnitureFittings2023-10-3107096299ns5:FurnitureFittings2022-10-3107096299ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3107096299ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3107096299ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 07096299 (England and Wales)















Horlock Holdcroft Financial Consultants
Limited

Unaudited Financial Statements for the Year Ended 31 October 2023






Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)






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


Horlock Holdcroft Financial Consultants
Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr N Holdcroft





SECRETARY: Mrs S C H Holdcroft





REGISTERED OFFICE: Suite H, Kennet House
Office Village
River Way
Uckfield
East Sussex
TN22 1SL





REGISTERED NUMBER: 07096299 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 285 1,464

CURRENT ASSETS
Debtors 5 356,391 277,717
Cash at bank and in hand 65,410 105,239
421,801 382,956
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

35,149

25,899
NET CURRENT ASSETS 386,652 357,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,937

358,521

PROVISIONS FOR LIABILITIES 71 278
NET ASSETS 386,866 358,243

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 376,866 348,243
SHAREHOLDERS' FUNDS 386,866 358,243

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.

Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 July 2024 and were signed by:





Mr N Holdcroft - Director


Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Horlock Holdcroft Financial Consultants 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the total invoice value of commissions earned during the period and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings and equipment - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company contributes to it's employees' personal pension plans. Contributions payable are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and
equipment
£   
COST
At 1 November 2022 20,844
Disposals (4,627 )
At 31 October 2023 16,217
DEPRECIATION
At 1 November 2022 19,380
Charge for year 1,179
Eliminated on disposal (4,627 )
At 31 October 2023 15,932
NET BOOK VALUE
At 31 October 2023 285
At 31 October 2022 1,464

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,425 6,549
Amounts owed by group undertakings 178,094 166,084
Other debtors 173,872 105,084
356,391 277,717

Horlock Holdcroft Financial Consultants
Limited (Registered number: 07096299)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 466 -
Taxation and social security 19,683 13,476
Other creditors 15,000 12,423
35,149 25,899

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £4,080 (2022 - £1,856). This loan is unsecured, interest free and repayable on demand.

During the year the company made additional loans to its holding company of £12,010 (2022 - £nil). At the balance sheet date the holding company owed £178,094 (2022 - £166,084) to Horlock Holdcroft Financial Consultants Limited. This balance is unsecured, interest free and repayable on demand.

During the year a company wholly owned by the director made additional loans to Horlock Holdcroft Financial Consultants Limited totalling £80,000 (2022 - £nil) and loan repayments totalling £nil (2022 - £nil). At the balance sheet date the company owed £145,873 (2022 - £65,873) to Horlock Holdcroft Financial Consultants Limited. This balance is unsecured, interest free and repayable on demand.