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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
Page
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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
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HORSEPOWER SOURCING LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,332 
1,567 
Current assets
Debtors
89,000 
29,000 
Cash at bank and in hand
(24,662)
11,489 
64,338 
40,489 
Creditors: amounts falling due within one year
(37,898)
(20,700)
Net current assets
26,440 
19,789 
Net assets
27,772 
21,356 
Capital and reserves
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
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HORSEPOWER SOURCING LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,550 
At 31 December 2024
2,550 
Depreciation
At 1 January 2024
983 
Charge for the year
235 
At 31 December 2024
1,218 
Net book value
At 31 December 2024
1,332 
At 31 December 2023
1,567 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
89,000 
29,000 
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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 
Accruals
595 
595 
37,898 
20,700 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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