HOROLOGICAL EXPORTS LIMITED

Company Registration Number:
03550556 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

HOROLOGICAL EXPORTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

HOROLOGICAL EXPORTS LIMITED

Company Information

for the Period Ended 30 June 2024




Director: clements
Registered office: King House
51 Maddox Street
Mayfair
London
W1S 2PH
Company Registration Number: 03550556 (England and Wales)

HOROLOGICAL EXPORTS LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

exporting antique clocks

Political and charitable donations

none

Company policy on the employment of disabled persons

no staff taxes too high no bank will lend

Additional information

normal accounts

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
clements

This report was approved by the board of directors on 27 March 2025
And Signed On Behalf Of The Board By:

Name: clements
Status: Director

HOROLOGICAL EXPORTS LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 25,959 41,450
Cost of sales ( 4,990 ) ( 24,140 )
Gross Profit or (Loss) 20,969 17,310
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 527 ) ( 2,074 )
Operating Profit or (Loss) 20,442 15,236
Profit or (Loss) Before Tax 20,442 15,236
Tax on Profit ( 2,979 ) ( 2,842 )
Profit or (Loss) for Period 17,463 12,394

The notes form part of these financial statements

HOROLOGICAL EXPORTS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 1
Total fixed assets: 0 1
Current assets
Stocks: 28,282 31,182
Debtors: 6 164,737 155,762
Cash at bank and in hand: 29,473 20,659
Total current assets: 222,492 207,603
Creditors: amounts falling due within one year: 7 ( 52,610 ) ( 55,185 )
Net current assets (liabilities): 169,882 152,418
Total assets less current liabilities: 169,882 152,419
Total net assets (liabilities): 169,882 152,419

The notes form part of these financial statements

HOROLOGICAL EXPORTS LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 169,782 152,319
Shareholders funds: 169,882 152,419

For the year ending 30 June 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.

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

This report was approved by the board of directors on 27 March 2025
And Signed On Behalf Of The Board By:

Name: clements
Status: Director

The notes form part of these financial statements

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    normal

    Tangible fixed assets depreciation policy

    std

    Intangible fixed assets amortisation policy

    none

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Intangible assets

Other Total
Cost £ £
At 01 July 2023 - -
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2024 - -
Amortisation
Amortisation at 01 July 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 June 2024 - -
Net book value
Net book value at 30 June 2024 - -
Net book value at 30 June 2023 - -

nothing

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 July 2023 11,800 11,800
Additions - -
Disposals ( 11,800 ) ( 11,800 )
Revaluations - -
Transfers - -
At 30 June 2024 0 0
Depreciation
At 01 July 2023 11,799 11,799
Charge for year - -
On disposals ( 11,799 ) ( 11,799 )
Other adjustments - -
At 30 June 2024 0 0
Net book value
At 30 June 2024 0 0
At 30 June 2023 1 1

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Debtors


2024
£

2023
£
Trade debtors 164,737 155,762
Total 164,737 155,762

HOROLOGICAL EXPORTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 52,610 55,185
Total 52,610 55,185