Company Registration No. 13107971 (England and Wales)
HORSEPOWER SOURCING LTD
Unaudited accounts
for the year ended 31 December 2024
HORSEPOWER SOURCING LTD
Unaudited accounts
Contents
HORSEPOWER SOURCING LTD
Company Information
for the year ended 31 December 2024
Director
Mohammed Tauseef KHAN
Company Number
13107971 (England and Wales)
Registered Office
114-116 MANNINGHAM LANE
BRADFORD
WEST YORKSHIRE
BD8 7JF
ENGLAND
Accountants
Mayden Group Limited
Chartered Certified Accountants
4th Floor
42 Upper Piccadilly
Bradford
West Yorkshire
BD1 3NU
HORSEPOWER SOURCING LTD
Statement of financial position
as at 31 December 2024
Tangible assets
1,332
1,567
Cash at bank and in hand
(24,662)
11,489
Creditors: amounts falling due within one year
(37,898)
(20,700)
Net current assets
26,440
19,789
Profit and loss account
27,772
21,356
Shareholders' funds
27,772
21,356
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 May 2025 and were signed on its behalf by
Mohammed Tauseef KHAN
Director
Company Registration No. 13107971
HORSEPOWER SOURCING LTD
Notes to the Accounts
for the year ended 31 December 2024
HORSEPOWER SOURCING LTD is a private company, limited by shares, registered in England and Wales, registration number 13107971. The registered office is 114-116 MANNINGHAM LANE, BRADFORD, WEST YORKSHIRE, BD8 7JF, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
depreciate by 15%
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Other debtors
89,000
29,000
HORSEPOWER SOURCING LTD
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,630
4,070
Loans from directors
31,673
16,035
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Average number of employees
During the year the average number of employees was 0 (2023: 0).