REGISTERED NUMBER: 10100491 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Hornes Surveyors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

D R Horne

J D E Hartley

Registered office:

16 Westgate

Baildon

Shipley

West Yorkshire

BD17 5EJ

Registered number:

10100491 (England and Wales)

Accountants:

Holmes & Co Accountants Ltd

16 Westgate

Baildon

Shipley

West Yorkshire

BD17 5EJ

Fixed assets

Tangible assets

4

22,065

28,156

Current assets

Debtors

5

47,294

34,903

Cash in hand

(956

)

19,233

46,338

54,136

Creditors

Amounts falling due within one year

6

65,842

62,760

Net current liabilities

(19,504

)

(8,624

)

Total assets less current liabilities

2,561

19,532

Creditors

Amounts falling due after more than one year

7

1,670

11,685

Net assets

891

7,847

Capital and reserves

Called up share capital

9

300

300

Retained earnings

591

7,547

Shareholders' funds

891

7,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2025 and were signed on its behalf by:

D R Horne - Director

1.	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:

6 The Grove

Baildon

Shipley

West Yorkshire

BD17 6JR

United Kingdom

These financial statements were authorised for issue by the directors on dd mmmm yyyy.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the sale of goods and the provision of services, in the ordinary course of the company's activities, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributed incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, as follows:

Asset Class

Depreciation method and rate

Plant and machinery

25% Straight line

Office equipment

25% Straight line

Motor vehicles

25% Reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2024 - 7 ) .

4.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1st April 2024

12,728

34,585

39,686

86,999

Additions

2,382

-

2,252

4,634

Disposals

-

-

(3,128

)

(3,128

)

At 31st March 2025

15,110

34,585

38,810

88,505

Depreciation

At 1st April 2024

6,096

20,284

32,463

58,843

Charge for year

3,071

3,575

2,888

9,534

Eliminated on disposal

-

-

(1,937

)

(1,937

)

At 31st March 2025

9,167

23,859

33,414

66,440

Net book value

At 31st March 2025

5,943

10,726

5,396

22,065

At 31st March 2024

6,632

14,301

7,223

28,156

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

6,900

5,640

Other debtors

40,394

29,263

47,294

34,903

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts (see note 8)

10,016

10,016

Trade creditors

12,999

1,754

Taxation and social security

36,883

48,408

Other creditors

5,944

2,582

65,842

62,760

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans (see note 8)

1,670

11,685

8.

Loans

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

10,016

10,016

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,670

10,016

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,669

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A Shares

£1

300

300