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Company Registration No. 14016746 (England and Wales)
HORIZON BLU LTD Unaudited accounts for the year ended 31 March 2024
HORIZON BLU LTD Unaudited accounts Contents
Page
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HORIZON BLU LTD Company Information for the year ended 31 March 2024
Directors
Janitha De Alwis Emma De Alwis
Company Number
14016746 (England and Wales)
Registered Office
7 CURZON MEWS WILMSLOW SK9 5JN UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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HORIZON BLU LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
210,417 
210,417 
Current assets
Cash at bank and in hand
2,272 
2,403 
Creditors: amounts falling due within one year
(61,154)
(61,986)
Net current liabilities
(58,882)
(59,583)
Total assets less current liabilities
151,535 
150,834 
Creditors: amounts falling due after more than one year
(162,400)
(162,400)
Net liabilities
(10,865)
(11,566)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(10,867)
(11,568)
Shareholders' funds
(10,865)
(11,566)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by
Janitha De Alwis Director Company Registration No. 14016746
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HORIZON BLU LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
HORIZON BLU LTD is a private company, limited by shares, registered in England and Wales, registration number 14016746. The registered office is 7 CURZON MEWS, WILMSLOW, SK9 5JN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
210,417 
At 31 March 2024
210,417 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
1,145 
Loans from directors
60,795 
60,482 
Accruals
359 
359 
61,154 
61,986 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
162,400 
162,400 
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HORIZON BLU LTD Notes to the Accounts for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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