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Company Registration No. 12583861 (England and Wales)
Horizon Shopping Ltd Unaudited accounts for the year ended 31 May 2025
Horizon Shopping Ltd Unaudited accounts Contents
Page
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Horizon Shopping Ltd Company Information for the year ended 31 May 2025
Director
Mr Margani Badawi
Company Number
12583861 (England and Wales)
Registered Office
International House 12 Constance Street London E16 2DQ United Kingdom
Accountants
K M B & Associates 4 Imperial Place Maxwell Road Borehamwood Hertfordshire WD6 1JN
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Horizon Shopping Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
3,549 
1,953 
Cash at bank and in hand
426 
2,265 
3,975 
4,218 
Creditors: amounts falling due within one year
(64,825)
(47,413)
Net current liabilities
(60,850)
(43,195)
Net liabilities
(60,850)
(43,195)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(60,851)
(43,196)
Shareholders' funds
(60,850)
(43,195)
For the year ending 31 May 2025 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 21 July 2025 and were signed on its behalf by
Mr Margani Badawi Director Company Registration No. 12583861
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Horizon Shopping Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Horizon Shopping Ltd is a private company, limited by shares, registered in England and Wales, registration number 12583861. The registered office is International House, 12 Constance Street, London, E16 2DQ, United Kingdom.
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.
Going concern
The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position, performance, and future plans, and believe that the company has adequate resources to continue operating and meet its liabilities as they fall due. There are no material uncertainties that would cast significant doubt on the company’s ability to continue as a going concern.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,549 
1,953 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
235 
Other creditors
1,920 
- 
Loans from directors
62,905 
47,178 
64,825 
47,413 
6
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Transactions with related parties
At the balance sheet date, the company owed the director £62,904 (2024: £47,178). The amount is interest-free and repayable on demand, subject to the company’s ability to make the repayment based on its financial position at the year-end.
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Horizon Shopping Ltd Notes to the Accounts for the year ended 31 May 2025
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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