1 May 2023 false No description of principal activity Taxfiler 2024.6 10726905business:PrivateLimitedCompanyLtd2023-05-012024-04-30 107269052023-04-30 107269052023-05-012024-04-30 10726905business:AuditExemptWithAccountantsReport2023-05-012024-04-30 10726905business:FilletedAccounts2023-05-012024-04-30 107269052024-04-30 10726905business:Director12023-05-012024-04-30 10726905business:RegisteredOffice2023-05-012024-04-30 107269052023-04-30 10726905core:WithinOneYear2024-04-30 10726905core:WithinOneYear2023-04-30 10726905core:AfterOneYear2024-04-30 10726905core:AfterOneYear2023-04-30 10726905core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 10726905core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 10726905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10726905core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10726905core:PreviouslyStatedAmount2024-04-30 10726905core:PreviouslyStatedAmount2023-04-30 10726905business:SmallEntities2023-05-012024-04-30 10726905countries:EnglandWales2023-05-012024-04-30 10726905core:ComputerEquipment2023-05-012024-04-30 10726905core:ComputerEquipment2023-04-30 10726905core:ComputerEquipment2024-04-30 107269052022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10726905 (England and Wales)
LEHORIZON LTD Unaudited accounts for the year ended 30 April 2024
LEHORIZON LTD Unaudited accounts Contents
Page
- 2 -
LEHORIZON LTD Company Information for the year ended 30 April 2024
Director
Mr.Osman Faruk BASKUT
Company Number
10726905 (England and Wales)
Registered Office
Unit 7 Abbey Business Park, Friday Street Leicester LE1 3BW UNITED KINGDOM
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
- 3 -
LEHORIZON LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
237 
289 
Current assets
Inventories
83,510 
67,374 
Cash at bank and in hand
576 
2,029 
84,086 
69,403 
Creditors: amounts falling due within one year
(50,699)
(41,865)
Net current assets
33,387 
27,538 
Total assets less current liabilities
33,624 
27,827 
Creditors: amounts falling due after more than one year
(12,800)
(15,800)
Net assets
20,824 
12,027 
Capital and reserves
Called up share capital
20,030 
11,700 
Profit and loss account
794 
327 
Shareholders' funds
20,824 
12,027 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
Mr.Osman Faruk BASKUT Director Company Registration No. 10726905
- 4 -
LEHORIZON LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
LEHORIZON LTD is a private company, limited by shares, registered in England and Wales, registration number 10726905. The registered office is Unit 7 Abbey Business Park, , Friday Street, Leicester, LE1 3BW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
18%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
LEHORIZON LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
526 
At 30 April 2024
526 
Depreciation
At 1 May 2023
237 
Charge for the year
52 
At 30 April 2024
289 
Net book value
At 30 April 2024
237 
At 30 April 2023
289 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
110 
77 
Loans from directors
50,589 
41,788 
50,699 
41,865 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,800 
15,800 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -