Company registration number 08335478 (England and Wales)
MARTIN HORTON CONSULTING LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
MARTIN HORTON CONSULTING LIMITED
CONTENTS
Page
Director's report
1
Balance sheet
2
Notes to the financial statements
3 - 5
MARTIN HORTON CONSULTING LIMITED
DIRECTOR'S REPORT
FOR THE PERIOD ENDED 30 JUNE 2025
- 1 -
The director presents his annual report and financial statements for the period ended 30 June 2025.
Principal activities
The company was incorporated on 18 December 2012 and since this date the principal activity of the company has continued to be that of that of leadership and organisation development consultancy. On the 30 June 2025 the company ceased trading.
As a provider of bespoke leadership and organisation development services to the private, public and not-for-profit sectors, the Company seeks to create the conditions for leaders, teams and organisations to make a sustainable difference to the way that they do business. Clients are helped to build capacity, realise their potential and create a sustainable capability, such that they are able to take the lead in the delivery of change. The Company's approach is founded on:
• Establishing a clear expression and understanding of the client’s need
• Helping the client to establish and work within its level of readiness and commitment
• Co-creating with the client a meaningful and impactful development/change programme to satisfy the need
• Building client sustainability to continue the development work through a self-supporting organic capability
• Enabling the client to measure success through an evaluation of what has changed
Specifically, services offered include analysis, organisation development consultancy, facilitation, executive coaching, mentoring, change leadership and team coaching.
Director
The director who held office during the period and up to the date of signature of the financial statements was as follows:
M Horton
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
M Horton
Director
27 August 2025
MARTIN HORTON CONSULTING LIMITED
BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 2 -
30 June 2025
31 December 2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
4,477
Current assets
Debtors
5
9,104
Cash at bank and in hand
7,170
30,569
7,170
39,673
Creditors: amounts falling due within one year
6
(5,154)
(17,859)
Net current assets
2,016
21,814
Total assets less current liabilities
2,016
26,291
Provisions for liabilities
(851)
Net assets
2,016
25,440
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
2,015
25,439
Total equity
2,016
25,440
For the financial period ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 27 August 2025
M Horton
Director
Company registration number 08335478 (England and Wales)
MARTIN HORTON CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information
Martin Horton Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is Europa House, Goldstone Villas, Hove, East Sussex, BN3 3RQ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
These financial statements are for the an extended 18 month period ending 30 June 2025 and therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. The reason for extending the period end is because the company ceased trading on 30 June 2025.
1.3
Turnover
Turnover represents amounts receivable for services net of vat and trade discounts.
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
3 years straight line
Computer equipment
3 years straight line
1.5
Financial instruments
The company has the following financial instruments:
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
MARTIN HORTON CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
1.6
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2025
2023
Number
Number
Total
2
2
MARTIN HORTON CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024
11,929
Disposals
(11,929)
At 30 June 2025
Depreciation and impairment
At 1 January 2024
7,452
Depreciation charged in the period
3,404
Eliminated in respect of disposals
(10,856)
At 30 June 2025
Carrying amount
At 30 June 2025
At 31 December 2023
4,477
5
Debtors
2025
2023
Amounts falling due within one year:
£
£
Trade debtors
9,104
6
Creditors: amounts falling due within one year
2025
2023
£
£
Trade creditors
6,629
Taxation and social security
4,421
8,187
Other creditors
733
3,043
5,154
17,859
7
Controlling party
The company was controlled throughout the current and previous periods by M Horton, by virtue of the fact that he held all of the issued share capital.
8
Related party transactions
At the balance sheet date the company owed £148 (2023 - £1,589) to the director of the company.