9 01/05/2023 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 06235300 2023-05-01 2024-04-30 06235300 2024-04-30 06235300 2023-04-30 06235300 2022-05-01 2023-04-30 06235300 2023-04-30 06235300 2022-04-30 06235300 bus:RegisteredOffice 2023-05-01 2024-04-30 06235300 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 06235300 bus:Director1 2023-05-01 2024-04-30 06235300 bus:Director2 2023-05-01 2024-04-30 06235300 bus:Director3 2023-05-01 2024-04-30 06235300 bus:Director4 2023-05-01 2024-04-30 06235300 core:FurnitureFittingsToolsEquipment 2023-04-30 06235300 core:FurnitureFittingsToolsEquipment 2024-04-30 06235300 core:WithinOneYear 2024-04-30 06235300 core:WithinOneYear 2023-04-30 06235300 core:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 06235300 core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 06235300 core:AfterOneYear 2024-04-30 06235300 core:AfterOneYear 2023-04-30 06235300 core:ShareCapital 2024-04-30 06235300 core:ShareCapital 2023-04-30 06235300 core:RetainedEarningsAccumulatedLosses 2024-04-30 06235300 core:RetainedEarningsAccumulatedLosses 2023-04-30 06235300 core:ShareCapital 2022-04-30 06235300 core:RetainedEarningsAccumulatedLosses 2022-04-30 06235300 core:PreviouslyStatedAmount core:ShareCapital 2024-04-30 06235300 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 06235300 core:FurnitureFittingsToolsEquipment 2023-04-30 06235300 bus:SmallEntities 2023-05-01 2024-04-30 06235300 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06235300 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06235300 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06235300 bus:FullAccounts 2023-05-01 2024-04-30
Company registration number: 06235300
Horton Lighting Limited
Unaudited filleted financial statements
30 April 2024
Horton Lighting Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Horton Lighting Limited
Directors and other information
Directors Mr J C Page
Mr C J Gleeson
Mr D Roberts
Mr P S Roach
Company number 06235300
Registered office Unit 16, IO Centre
Minden Road
Sutton
Surrey
SM3 9BL
Business address Unit 15, IO Centre
Minden Road
Sutton
Surrey
SM3 9BL
Accountants Pritchard Fellows & Co
Avery House
8 Avery Hill Road
London
SE9 2BD
Horton Lighting Limited
Statement of financial position
30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 316 492
_______ _______
316 492
Current assets
Stocks 205,000 183,000
Debtors 6 301,571 358,728
Cash at bank and in hand 13,615 22,579
_______ _______
520,186 564,307
Creditors: amounts falling due
within one year 7 ( 278,110) ( 273,525)
_______ _______
Net current assets 242,076 290,782
_______ _______
Total assets less current liabilities 242,392 291,274
Creditors: amounts falling due
after more than one year 8 ( 10,833) ( 20,833)
_______ _______
Net assets 231,559 270,441
_______ _______
Capital and reserves
Called up share capital 200 200
Profit and loss account 231,359 270,241
_______ _______
Shareholders funds 231,559 270,441
_______ _______
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 31 October 2024 , and are signed on behalf of the board by:
Mr J C Page
Director
Company registration number: 06235300
Horton Lighting Limited
Statement of changes in equity
Year ended 30 April 2024
Called up share capital Profit and loss account Total
£ £ £
At 1 May 2022 200 244,792 244,992
Profit for the year 61,449 61,449
_______ _______ _______
Total comprehensive income for the year - 61,449 61,449
Dividends paid and payable ( 36,000) ( 36,000)
_______ _______ _______
Total investments by and distributions to owners - ( 36,000) ( 36,000)
_______ _______ _______
At 30 April 2023 and 1 May 2023 200 270,241 270,441
Profit for the year 83,118 83,118
_______ _______ _______
Total comprehensive income for the year - 83,118 83,118
Dividends paid and payable ( 122,000) ( 122,000)
_______ _______ _______
Total investments by and distributions to owners - ( 122,000) ( 122,000)
_______ _______ _______
At 30 April 2024 200 231,359 231,559
_______ _______ _______
Horton Lighting Limited
Notes to the financial statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Horton Lighting Limited, Unit 16, IO Centre, Minden Road, Sutton, Surrey, SM3 9BL.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2023: 6 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 May 2023 and 30 April 2024 47,508 47,508
_______ _______
Depreciation
At 1 May 2023 47,016 47,016
Charge for the year 176 176
_______ _______
At 30 April 2024 47,192 47,192
_______ _______
Carrying amount
At 30 April 2024 316 316
_______ _______
At 30 April 2023 492 492
_______ _______
6. Debtors
2024 2023
£ £
Trade debtors 301,571 343,703
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 15,000
Other debtors - 25
_______ _______
301,571 358,728
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 104,060 93,318
Corporation tax 30,301 14,973
Social security and other taxes 22,182 33,661
Other creditors 111,567 121,573
_______ _______
278,110 273,525
_______ _______
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Other creditors 10,833 20,833
_______ _______
9. Controlling party
The directors controlled the company throughout the period.