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REGISTERED NUMBER: 08699745 (England and Wales)















HORTON STRATEGIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HORTON STRATEGIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B Horton
Dr Z Parveen





REGISTERED OFFICE: 424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ





REGISTERED NUMBER: 08699745 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,492 12,471
Investments 5 4,848 3,590
14,340 16,061

CURRENT ASSETS
Debtors 6 111,174 332,626
Cash at bank 116,060 10,771
227,234 343,397
CREDITORS
Amounts falling due within one year 7 (13,822 ) (103,697 )
NET CURRENT ASSETS 213,412 239,700
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,752

255,761

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 227,602 255,611
SHAREHOLDERS' FUNDS 227,752 255,761

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





B Horton - Director


HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)

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

1. STATUTORY INFORMATION

Horton Strategic 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 as modified by the revaluation of certain assets.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

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

HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 109,830 6,920 116,750
Additions - 239 239
Disposals - (170 ) (170 )
At 31 December 2023 109,830 6,989 116,819
DEPRECIATION
At 1 January 2023 99,526 4,753 104,279
Charge for year 2,576 588 3,164
Eliminated on disposal - (116 ) (116 )
At 31 December 2023 102,102 5,225 107,327
NET BOOK VALUE
At 31 December 2023 7,728 1,764 9,492
At 31 December 2022 10,304 2,167 12,471

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 3,590
Revaluations 1,258
At 31 December 2023 4,848
NET BOOK VALUE
At 31 December 2023 4,848
At 31 December 2022 3,590

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2022 3,590
Valuation in 2023 1,258
4,848

HORTON STRATEGIC LIMITED (REGISTERED NUMBER: 08699745)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,881 262,464
Other debtors 108,293 70,162
111,174 332,626

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 13,787 95,544
Other creditors 35 8,153
13,822 103,697