Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true12023-01-01falseNo description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12128599 2023-01-01 2023-12-31 12128599 2022-01-01 2022-12-31 12128599 2023-12-31 12128599 2022-12-31 12128599 c:Director1 2023-01-01 2023-12-31 12128599 d:CurrentFinancialInstruments 2023-12-31 12128599 d:CurrentFinancialInstruments 2022-12-31 12128599 d:Non-currentFinancialInstruments 2023-12-31 12128599 d:Non-currentFinancialInstruments 2022-12-31 12128599 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12128599 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12128599 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12128599 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 12128599 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 12128599 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 12128599 d:ShareCapital 2023-12-31 12128599 d:ShareCapital 2022-12-31 12128599 d:RetainedEarningsAccumulatedLosses 2023-12-31 12128599 d:RetainedEarningsAccumulatedLosses 2022-12-31 12128599 c:FRS102 2023-01-01 2023-12-31 12128599 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12128599 c:FullAccounts 2023-01-01 2023-12-31 12128599 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12128599 d:Subsidiary1 2023-01-01 2023-12-31 12128599 d:Subsidiary1 1 2023-01-01 2023-12-31 12128599 6 2023-01-01 2023-12-31 12128599 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 12128599









HORNER BLAKEY INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
HORNER BLAKEY INVESTMENTS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HORNER BLAKEY INVESTMENTS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Horner Blakey Investments Limited for the year ended 31 December 2023 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Horner Blakey Investments Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Horner Blakey Investments Limited  and state those matters that we have agreed to state to the director of Horner Blakey Investments Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Horner Blakey Investments Limited and its director for our work or for this report.

It is your duty to ensure that Horner Blakey Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Horner Blakey Investments Limited. You consider that Horner Blakey Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Horner Blakey Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Nyman Libson Paul LLP
 
Chartered Accountants
  
London
NW3 5JS
9 September 2024
Page 1

 
HORNER BLAKEY INVESTMENTS LIMITED
REGISTERED NUMBER: 12128599

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
912,102
912,102

  
912,102
912,102

Current assets
  

Cash at bank and in hand
 5 
333
259

  
333
259

Creditors: amounts falling due within one year
 6 
(743,021)
(754,172)

Net current liabilities
  
 
 
(742,688)
 
 
(753,913)

Total assets less current liabilities
  
169,414
158,189

Creditors: amounts falling due after more than one year
 7 
(129,167)
(119,119)

  

Net assets
  
40,247
39,070


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
39,247
38,070

  
40,247
39,070


Page 2

 
HORNER BLAKEY INVESTMENTS LIMITED
REGISTERED NUMBER: 12128599
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 September 2024.




N W J Horner
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
HORNER BLAKEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Horner Blakey Investments Limited is a private company limited by shares and registered in England and Wales. The address of its prinipal place of business is  Ground FLoor, 141-142 Fenchurch Street, London EC3M 6BQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Revenue is recognised by the company in respect of management charge earned from the subsidiaries.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of inancial assets and liabilities like trade and other debtors and creditors, loans from banks and other hird parties, loans to related parties and investments in ordinary shares

 
2.9

Dividends

Dividends are recognised when they become legally payable.

Page 4

 
HORNER BLAKEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
912,102



At 31 December 2023
912,102





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Principal activity

Class of shares

Holding

Horner Blakey Limited
Ground Floor, 141-142 Fenchurch Street, London, United Kingdom EC3M 6BQ
Insurance broker
Ordinary
 100%


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
333
259

333
259


Page 5

 
HORNER BLAKEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
50,000
158,823

Amounts owed to group undertakings
659,405
556,973

Other creditors
31,616
36,376

Accruals and deferred income
2,000
2,000

743,021
754,172



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
129,167
119,119

129,167
119,119



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
50,000
158,823


Amounts falling due 2-5 years

Bank loans
129,167
119,119



Bank loans relate to a commercial loan taken out to fund a purchase in an investment and are repayable by way of monthly installments.


9.


Related party transactions

The company is not required to disclose transactions with its subsidiary companies, Horner Blakey Limited, due to the fact that they form part of a wholly owned group, of which Horner Blakey Investments Limited is the ultimate parent company.

 
Page 6