HORAO GROUP LTD

Company Registration Number:
11196062 (England and Wales)

Unaudited abridged accounts for the year ended 27 February 2024

Period of accounts

Start date: 28 February 2023

End date: 27 February 2024

HORAO GROUP LTD

Contents of the Financial Statements

for the Period Ended 27 February 2024

Balance sheet
Notes

HORAO GROUP LTD

Balance sheet

As at 27 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 180,243 140,381
Tangible assets: 4 4,450 3,915
Investments: 5 1 1
Total fixed assets: 184,694 144,297
Current assets
Stocks: 0 0
Debtors:   1,445,470 1,262,620
Cash at bank and in hand: 11,012 7,745
Investments:   0 0
Total current assets: 1,456,482 1,270,365
Creditors: amounts falling due within one year:   (5,000) (4,000)
Net current assets (liabilities): 1,451,482 1,266,365
Total assets less current liabilities: 1,636,176 1,410,662
Creditors: amounts falling due after more than one year:   (40,000) (44,000)
Provision for liabilities: (500) (500)
Total net assets (liabilities): 1,595,676 1,366,162
Capital and reserves
Called up share capital: 19,180 18,260
Share premium account: 1,600,098 1,509,018
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (23,602) (161,116)
Shareholders funds: 1,595,676 1,366,162

The notes form part of these financial statements

HORAO GROUP LTD

Balance sheet statements

For the year ending 27 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 March 2024
and signed on behalf of the board by:

Name: Lee Booth
Status: Director

The notes form part of these financial statements

HORAO GROUP LTD

Notes to the Financial Statements

for the Period Ended 27 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HORAO GROUP LTD

Notes to the Financial Statements

for the Period Ended 27 February 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

HORAO GROUP LTD

Notes to the Financial Statements

for the Period Ended 27 February 2024

3. Intangible Assets

Total
Cost £
At 28 February 2023 140,381
Additions 65,125
Disposals 0
Revaluations 0
Transfers 0
At 27 February 2024 205,506
Amortisation
At 28 February 2023 0
Charge for year 25,263
On disposals 0
Other adjustments 0
At 27 February 2024 25,263
Net book value
At 27 February 2024 180,243
At 27 February 2023 140,381

HORAO GROUP LTD

Notes to the Financial Statements

for the Period Ended 27 February 2024

4. Tangible Assets

Total
Cost £
At 28 February 2023 3,915
Additions 535
Disposals 0
Revaluations 0
Transfers 0
At 27 February 2024 4,450
Depreciation
At 28 February 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 27 February 2024 0
Net book value
At 27 February 2024 4,450
At 27 February 2023 3,915

HORAO GROUP LTD

Notes to the Financial Statements

for the Period Ended 27 February 2024

5. Fixed investments

Ownership of subsidairy company Venueserve UK Ltd, Ownership of subsidiary company Venueserve Group Ltd, Ownership of subsidiary company Booha Ltd