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REGISTERED NUMBER: 07262532 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

HORTUS CRAFT LIMITED

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HORTUS CRAFT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: R White





REGISTERED OFFICE: 79 Little Ann Road
Andover
Hampshire
SP11 7NW





REGISTERED NUMBER: 07262532 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 106,289 44,917

CURRENT ASSETS
Stocks 1,200 1,000
Debtors 5 86,786 10,182
Cash at bank 4,226 (2,501 )
92,212 8,681
CREDITORS
Amounts falling due within one year 6 (105,109 ) (74,769 )
NET CURRENT LIABILITIES (12,897 ) (66,088 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,392

(21,171

)

CREDITORS
Amounts falling due after more than one
year

7

(13,255

)

(36,290

)

PROVISIONS FOR LIABILITIES 9 (26,572 ) (452 )
NET ASSETS/(LIABILITIES) 53,565 (57,913 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 53,465 (58,013 )
SHAREHOLDERS' FUNDS 53,565 (57,913 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

BALANCE SHEET - continued
31 MAY 2024


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 director and authorised for issue on 1 December 2024 and were signed by:





R White - Director


HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Hortus Craft 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 88,607 12,695 1,859 103,161
Additions 91,340 - 2,051 93,391
Disposals (48,005 ) - - (48,005 )
At 31 May 2024 131,942 12,695 3,910 148,547
DEPRECIATION
At 1 June 2023 43,788 12,695 1,761 58,244
Charge for year 7,707 - 354 8,061
Eliminated on disposal (24,047 ) - - (24,047 )
At 31 May 2024 27,448 12,695 2,115 42,258
NET BOOK VALUE
At 31 May 2024 104,494 - 1,795 106,289
At 31 May 2023 44,819 - 98 44,917

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 86,786 8,843
Directors' current accounts - 1,339
86,786 10,182

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts (see note 8) 9,012 14,217
Hire purchase contracts - 4,631
Trade creditors 19,472 4,729
Taxation and social security 74,984 49,642
Other creditors 1,641 1,550
105,109 74,769

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans (see note 8) 13,255 22,238
Hire purchase contracts - 14,052
13,255 36,290

HORTUS CRAFT LIMITED (REGISTERED NUMBER: 07262532)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. LOANS

An analysis of the maturity of loans is given below:

31.5.24 31.5.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 5,205
Bank loans 9,012 9,012
9,012 14,217

Amounts falling due between two and five years:
Bank loans - 2-5 years 13,255 22,238

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 26,572 -
Deferred tax - 452
26,572 452

Deferred Other
tax provisions
£    £   
Balance at 1 June 2023 452 -
Accelerated Capital Allowances 26,120 452
Balance at 31 May 2024 26,572 452

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
R White
Balance outstanding at start of year 1,339 -
Amounts advanced - 1,339
Amounts repaid (1,339 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,339