| Registered number: 09430511 | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| DBR Accounts Ltd | ||||||||
| Association of Chartered Certified Accountants | ||||||||
| 1 Station Court | ||||||||
| Station Approach | ||||||||
| Wickford | ||||||||
| Essex | ||||||||
| SS11 7AT | ||||||||
| Horsman Brothers Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| SECRETARY | ||||||||
| REGISTERED OFFICE | ||||||||
| Essex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 09430511 | ||||||||
| ACCOUNTANTS | ||||||||
| DBR Accounts Ltd | ||||||||
| Association of Chartered Certified Accountants | ||||||||
| 1 Station Court | ||||||||
| Station Approach | ||||||||
| Wickford | ||||||||
| Essex | ||||||||
| SS11 7AT | ||||||||
| Horsman Brothers Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Horsman Brothers Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 18,162 | 12,185 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 305 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 6 | 550 | 2,750 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 3,351 | 319 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Horsman Brothers Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Going Concern | ||||||||
| These financial statements have been prepared on the going concern basis despite the losses that have been built. The director intends to support the company financially in the forseeable future and for not less than at least the next 12 months. | ||||||||
| 1c. Depreciation | ||||||||
| Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. | ||||||||
| Plant And Machinery | reducing balance20% | |||||||
| Equipment | reducing balance25% | |||||||
| Motor Cars | reducing balance25% | |||||||
| 1d. Financial Instruments | ||||||||
| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. | ||||||||
| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost. | ||||||||
| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 1 | |||||
| Horsman Brothers Ltd | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Plant and | ||||||||
| Machinery | Equipment | Motor Cars | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/04/2024 | 1,907 | 1,394 | 10,770 | 14,071 | ||||
| At 31/03/2025 | 1,907 | 1,394 | 10,770 | 14,071 | ||||
| Depreciation | ||||||||
| At 01/04/2024 | 1,866 | 1,207 | 8,134 | 11,207 | ||||
| For the year | 8 | 47 | 659 | 714 | ||||
| At 31/03/2025 | 1,874 | 1,254 | 8,793 | 11,921 | ||||
| Net Book Amounts | ||||||||
| At 31/03/2025 | 2,150 | |||||||
| At 31/03/2024 | 2,864 | |||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 225 | - | ||||||
| 225 | - | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 6,170 | 2,969 | ||||||
| VAT | 4,981 | 3,911 | ||||||
| PAYE control | 779 | 678 | ||||||
| Directors current account | 781 | 25 | ||||||
| Loans | 2,200 | 2,200 | ||||||
| Trade creditors | - | 747 | ||||||
| Accruals | 1,400 | 1,350 | ||||||
| 16,311 | 11,880 | |||||||
| Horsman Brothers Ltd | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Loans >1yr | 550 | 2,750 | ||||||
| 550 | 2,750 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||