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
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
HORIZON BLU LTD
Statement of financial position
as at 31 March 2024
Investment property
210,417
210,417
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)
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
HORIZON BLU LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Fair value at 1 April 2023
210,417
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
60,795
60,482
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
162,400
162,400
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).