IRIS Accounts Production v24.2.0.383 14832097 director 27.4.23 30.4.24 30.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148320972023-04-26148320972024-04-30148320972023-04-272024-04-30148320972023-04-2614832097ns15:EnglandWales2023-04-272024-04-3014832097ns14:PoundSterling2023-04-272024-04-3014832097ns10:Director12023-04-272024-04-3014832097ns10:PrivateLimitedCompanyLtd2023-04-272024-04-3014832097ns10:SmallEntities2023-04-272024-04-3014832097ns10:AuditExempt-NoAccountantsReport2023-04-272024-04-3014832097ns10:SmallCompaniesRegimeForDirectorsReport2023-04-272024-04-3014832097ns10:SmallCompaniesRegimeForAccounts2023-04-272024-04-3014832097ns10:AbridgedAccounts2023-04-272024-04-3014832097ns10:RegisteredOffice2023-04-272024-04-3014832097ns5:CurrentFinancialInstruments2024-04-3014832097ns5:Non-currentFinancialInstruments2024-04-3014832097ns5:ShareCapital2024-04-3014832097ns5:RetainedEarningsAccumulatedLosses2024-04-3014832097ns5:PlantMachinery2023-04-272024-04-30
REGISTERED NUMBER: 14832097 (England and Wales)















Unaudited Financial Statements

for the Period 27 April 2023 to 30 April 2024

for

Hoorents Ltd

Hoorents Ltd (Registered number: 14832097)

Contents of the Financial Statements
for the Period 27 April 2023 to 30 April 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hoorents Ltd

Company Information
for the Period 27 April 2023 to 30 April 2024







DIRECTOR: S Watson





REGISTERED OFFICE: 44 Chartfield Avenue
London
SW15 6HG





REGISTERED NUMBER: 14832097 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Hoorents Ltd (Registered number: 14832097)

Abridged Balance Sheet
30 April 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,302
Investment property 5 497,585
499,887

CURRENT ASSETS
Cash at bank 40,113

CREDITORS
Amounts falling due within one year 143,035
NET CURRENT LIABILITIES (102,922 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,965

CREDITORS
Amounts falling due after more than one
year

6

439,657
NET LIABILITIES (42,692 )

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (42,693 )
(42,692 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 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.

Hoorents Ltd (Registered number: 14832097)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 August 2024 and were signed by:





S Watson - Director


Hoorents Ltd (Registered number: 14832097)

Notes to the Financial Statements
for the Period 27 April 2023 to 30 April 2024


1. STATUTORY INFORMATION

Hoorents Ltd 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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

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 - 25% on cost and 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

Hoorents Ltd (Registered number: 14832097)

Notes to the Financial Statements - continued
for the Period 27 April 2023 to 30 April 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 2,446
At 30 April 2024 2,446
DEPRECIATION
Charge for period 144
At 30 April 2024 144
NET BOOK VALUE
At 30 April 2024 2,302

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 497,585
At 30 April 2024 497,585
NET BOOK VALUE
At 30 April 2024 497,585

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
£   
Repayable by instalments
Bank loans more 5 yr by instal 439,657

7. FINANCIAL INSTRUMENTS

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.