Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3012023-05-01falseThe principal activity of the company in the yera under review was that of the provision of consumer services.1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09008522 2023-05-01 2024-04-30 09008522 2022-05-01 2023-04-30 09008522 2024-04-30 09008522 2023-04-30 09008522 c:Director1 2023-05-01 2024-04-30 09008522 d:ComputerEquipment 2023-05-01 2024-04-30 09008522 d:ComputerEquipment 2024-04-30 09008522 d:ComputerEquipment 2023-04-30 09008522 d:CurrentFinancialInstruments 2024-04-30 09008522 d:CurrentFinancialInstruments 2023-04-30 09008522 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09008522 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09008522 d:ShareCapital 2024-04-30 09008522 d:ShareCapital 2023-04-30 09008522 d:RetainedEarningsAccumulatedLosses 2024-04-30 09008522 d:RetainedEarningsAccumulatedLosses 2023-04-30 09008522 c:FRS102 2023-05-01 2024-04-30 09008522 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09008522 c:FullAccounts 2023-05-01 2024-04-30 09008522 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09008522 2 2023-05-01 2024-04-30 09008522 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 09008522










HORIZON DATA HOUSE LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HORIZON DATA HOUSE LTD
REGISTERED NUMBER: 09008522

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
346,342
346,342

Current asset investments
 6 
12,000
12,000

  
358,342
358,342

Creditors: amounts falling due within one year
 7 
(146,599)
(144,799)

Net current assets
  
 
 
211,743
 
 
213,543

Total assets less current liabilities
  
211,744
213,544

  

Net assets
  
211,744
213,544


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
211,743
213,543

  
211,744
213,544


Page 1

 
HORIZON DATA HOUSE LTD
REGISTERED NUMBER: 09008522
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D M Davies
Director

Date: 29 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HORIZON DATA HOUSE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Horizon Data House Ltd is a private company, limited by shares, registered in England and Wales. The company's registered office is:
Mha House Charter Court
Phoenix Way
Swansea Enterprise Park
Swansea
SA7 9FS
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
HORIZON DATA HOUSE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
HORIZON DATA HOUSE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.7

Financial instruments

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

  
2.8

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make
judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are
not readily apparent from other sources. The estimates and associated assumptions are based on
historical experience and other factors which are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement.
Provisions and contingencies
Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
HORIZON DATA HOUSE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 May 2023
991



At 30 April 2024

991



Depreciation


At 1 May 2023
990



At 30 April 2024

990



Net book value



At 30 April 2024
1



At 30 April 2023
1


5.


Debtors

2024
2023
£
£


Other debtors
346,342
346,342

346,342
346,342



6.


Current asset investments

2024
2023
£
£

Other Investments
12,000
12,000

12,000
12,000


Page 6

 
HORIZON DATA HOUSE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,340
8,340

Corporation tax
28,283
28,283

Other taxation and social security
7,545
7,545

Other creditors
94,231
94,231

Accruals and deferred income
8,200
6,400

146,599
144,799



8.


Related party transactions

During previous years the company entered into draw down agreements with certain employees. The
loans were drawn down in full with a term of 20 years, repayable early only at the borrower's option,
with yearly interest set at the prevailing HM Revenue & Customs 'official rate'.

Page 7