REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st October 2024 |
for |
Horley Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st October 2024 |
for |
Horley Limited |
Horley Limited (Registered number: 10058362) |
Contents of the Financial Statements |
for the Year Ended 31st October 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Horley Limited |
Company Information |
for the Year Ended 31st October 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Delmon House |
36-38 Church Road |
Burgess Hill |
West Sussex |
RH15 9AE |
Horley Limited (Registered number: 10058362) |
Statement of Financial Position |
31st October 2024 |
2024 | 2023 |
Notes | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Horley Limited (Registered number: 10058362) |
Statement of Financial Position - continued |
31st October 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Horley Limited (Registered number: 10058362) |
Notes to the Financial Statements |
for the Year Ended 31st October 2024 |
1. | STATUTORY INFORMATION |
Horley Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st November 2023 |
Revaluations | 5,775 |
At 31st October 2024 |
NET BOOK VALUE |
At 31st October 2024 |
At 31st October 2023 |
Horley Limited (Registered number: 10058362) |
Notes to the Financial Statements - continued |
for the Year Ended 31st October 2024 |
4. | INVESTMENT PROPERTY - continued |
Fair value at 31st October 2024 is represented by: |
£ |
Valuation in 2017 | 32,879 |
Valuation in 2018 | 15,675 |
Valuation in 2019 | (34,062 | ) |
Valuation in 2020 | (9,550 | ) |
Valuation in 2021 | 63,606 |
Valuation in 2022 | 2,000 |
Valuation in 2023 | 2,000 |
Valuation in 2024 | 5,775 |
Cost | 312,452 |
390,775 |
If investment property had not been revalued it would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 312,452 | 312,452 |
investment property was valued on an open market basis on 31st October 2024 by the directors . |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | ULTIMATE CONTROLLING PARTY |
The immediate controlling party is considered to be Mayer Property Ltd by virtue of their shareholding of 100% of the share capital. |
The ultimate controlling party is considered to be the director who is also a director and majority shareholder in the parent company. |