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REGISTERED NUMBER: 07711165 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Metropolitan Horizon Ltd

Metropolitan Horizon Ltd (Registered number: 07711165)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Metropolitan Horizon Ltd (Registered number: 07711165)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 5 206,414 200,455
Cash at bank 16,682 2,497
223,096 202,952
CREDITORS
Amounts falling due within one year 6 13,526 2,841
NET CURRENT ASSETS 209,570 200,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,570

200,111

CAPITAL AND RESERVES
Called up share capital 7 210 210
Retained earnings 209,360 199,901
SHAREHOLDERS' FUNDS 209,570 200,111

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

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

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 April 2025 and were signed by:





Dr F Jabeen - Director


Metropolitan Horizon Ltd (Registered number: 07711165)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Metropolitan Horizon Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07711165

Registered office: C/o Echo Tax, SPACES Manchester
Peter House
Oxford Street
Manchester
M1 5AN

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 etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

Metropolitan Horizon Ltd (Registered number: 07711165)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2023 1,007
Disposals (1,007 )
At 31 July 2024 -
DEPRECIATION
At 1 August 2023 1,007
Eliminated on disposal (1,007 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 987 1,310
Other debtors 118,000 109,500
S455 Tax 17,493 19,038
Directors' current accounts 69,934 70,607
206,414 200,455

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Tax 2,335 2,247
Other Creditors 10,711 -
Accrued expenses 480 594
13,526 2,841

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
170 Ordinary A £1 170 170
40 Ordinary B £1 40 40
210 210

Metropolitan Horizon Ltd (Registered number: 07711165)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.7.24 31.7.23
£    £   
Dr F Jabeen
Balance outstanding at start of year 70,607 70,500
Amounts advanced 2,135 1,564
Amounts repaid (2,808 ) (1,457 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 69,934 70,607

9. ULTIMATE CONTROLLING PARTY

The controlling party is Dr F Jabeen.