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REGISTERED NUMBER: 09150602 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

HORN FARMING LIMITED

HORN FARMING LIMITED (REGISTERED NUMBER: 09150602)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HORN FARMING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: C J Horn
S R Horn





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 09150602 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

HORN FARMING LIMITED (REGISTERED NUMBER: 09150602)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,266 77,931

CURRENT ASSETS
Debtors 5 4,568,386 799,785
Cash at bank 15,057 93,978
4,583,443 893,763
CREDITORS
Amounts falling due within one year 6 3,997,514 279,956
NET CURRENT ASSETS 585,929 613,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

666,195

691,738

CREDITORS
Amounts falling due after more than one
year

7

24,358

-
NET ASSETS 641,837 691,738

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 641,737 691,638
SHAREHOLDERS' FUNDS 641,837 691,738

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

HORN FARMING LIMITED (REGISTERED NUMBER: 09150602)

BALANCE SHEET - continued
31ST 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 26th September 2024 and were signed on its behalf by:




C J Horn - Director



S R Horn - Director


HORN FARMING LIMITED (REGISTERED NUMBER: 09150602)

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


1. STATUTORY INFORMATION

Horn Farming 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 - 15% on reducing balance

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 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2023 145,035
Additions 16,500
At 31st December 2023 161,535
DEPRECIATION
At 1st January 2023 67,104
Charge for year 14,165
At 31st December 2023 81,269
NET BOOK VALUE
At 31st December 2023 80,266
At 31st December 2022 77,931

HORN FARMING LIMITED (REGISTERED NUMBER: 09150602)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 192,788 436,459
Other debtors 4,375,598 363,326
4,568,386 799,785

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,903,993 -
Hire purchase contracts 27,227 43,563
Trade creditors 24,201 82,638
Taxation and social security 6,168 72,830
Other creditors 35,925 80,925
3,997,514 279,956

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 24,358 -

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2023 and 31st December 2022:

2023 2022
£    £   
C J Horn
Balance outstanding at start of year 5,492 5,492
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,492 5,492