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REGISTERED NUMBER: 13229422 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Firecrest Horizon Limited

Firecrest Horizon Limited (Registered number: 13229422)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Firecrest Horizon Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: K M Conlon





REGISTERED OFFICE: 75B The Drove
Sleaford
Lincolnshire
NG34 7AS





REGISTERED NUMBER: 13229422 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Firecrest Horizon Limited (Registered number: 13229422)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,460 4,920
Tangible assets 5 3,082 4,972
5,542 9,892

CURRENT ASSETS
Debtors 6 15,289 10,213
Prepayments and accrued income 142 230
Cash at bank 24,439 21,720
39,870 32,163
CREDITORS
Amounts falling due within one year 7 31,790 19,045
NET CURRENT ASSETS 8,080 13,118
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,622

23,010

PROVISIONS FOR LIABILITIES 771 945
NET ASSETS 12,851 22,065

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 12,850 22,064
SHAREHOLDERS' FUNDS 12,851 22,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 31 March 2025 and were signed by:





K M Conlon - Director


Firecrest Horizon Limited (Registered number: 13229422)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Firecrest Horizon 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% Straight line

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Firecrest Horizon Limited (Registered number: 13229422)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 12,300
AMORTISATION
At 1 March 2024 7,380
Charge for year 2,460
At 28 February 2025 9,840
NET BOOK VALUE
At 28 February 2025 2,460
At 29 February 2024 4,920

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 450 6,020 6,470
DEPRECIATION
At 1 March 2024 255 1,243 1,498
Charge for year 49 1,841 1,890
At 28 February 2025 304 3,084 3,388
NET BOOK VALUE
At 28 February 2025 146 2,936 3,082
At 29 February 2024 195 4,777 4,972

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 15,266 9,563
Other debtors 23 650
15,289 10,213

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 5,950 -
Taxation and social security 22,826 16,086
Other creditors 3,014 2,959
31,790 19,045

Firecrest Horizon Limited (Registered number: 13229422)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary £1 1 1