IRIS Accounts Production v25.3.0.601 15510625 Board of Directors 20.2.24 28.2.25 28.2.25 false true false false true false Ordinary 'A' Shares 1.00000 Ordinary 'B' Shares 1.00000 1.00000 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 15510625 2024-02-19 15510625 2025-02-28 15510625 2024-02-20 2025-02-28 15510625 2024-02-19 15510625 ns15:EnglandWales 2024-02-20 2025-02-28 15510625 ns14:PoundSterling 2024-02-20 2025-02-28 15510625 ns10:Director1 2024-02-20 2025-02-28 15510625 ns10:PrivateLimitedCompanyLtd 2024-02-20 2025-02-28 15510625 ns10:SmallEntities 2024-02-20 2025-02-28 15510625 ns10:AuditExempt-NoAccountantsReport 2024-02-20 2025-02-28 15510625 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-20 2025-02-28 15510625 ns10:SmallCompaniesRegimeForAccounts 2024-02-20 2025-02-28 15510625 ns10:FullAccounts 2024-02-20 2025-02-28 15510625 ns10:OrdinaryShareClass1 2024-02-20 2025-02-28 15510625 ns10:OrdinaryShareClass2 2024-02-20 2025-02-28 15510625 1 ns10:OrdinaryShareClass1 2024-02-20 2025-02-28 15510625 ns10:OrdinaryShareClass2 2 2024-02-20 2025-02-28 15510625 ns10:Director2 2024-02-20 2025-02-28 15510625 ns10:RegisteredOffice 2024-02-20 2025-02-28 15510625 ns5:CurrentFinancialInstruments 2025-02-28 15510625 ns5:ShareCapital 2025-02-28 15510625 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 15510625 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 15510625 ns5:CurrentFinancialInstruments 2024-02-20 2025-02-28 15510625 ns10:OrdinaryShareClass1 2025-02-28 15510625 ns10:OrdinaryShareClass2 2025-02-28

REGISTERED NUMBER: 15510625 (England and Wales)

| Unaudited Financial Statements |

| for the Period 20 February 2024 to 28 February 2025 |

| for |

| Horreum Developments Ltd |

| Horreum Developments Ltd (Registered number: 15510625) |

Contents of the Financial Statements

for the Period 20 February 2024 to 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Horreum Developments Ltd |

Company Information

for the Period 20 February 2024 to 28 February 2025

| DIRECTORS: | C R Worthington

| N B Lowden

| REGISTERED OFFICE: | The Barn

| 11 Bury Road

| Thetford

| Norfolk

| IP24 3PJ

| REGISTERED NUMBER: | 15510625 (England and Wales)

| ACCOUNTANTS: | Knights Lowe

| The Barn

| 11 Bury Road

| Thetford

| Norfolk

| IP24 3PJ

| Horreum Developments Ltd (Registered number: 15510625) |

Balance Sheet

28 February 2025

| Notes | £ |

| CURRENT ASSETS

| Stocks | 400 |  |

| Debtors | 4 | 5,130 |  |

| Cash at bank | 818 |  |

6,348 |  |

| CREDITORS

| Amounts falling due within one year | 5 | 7,250 |  |

| NET CURRENT LIABILITIES | (902 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | (902 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 6 | 100 |  |

| Retained earnings | (1,002 | ) |

| SHAREHOLDERS' FUNDS | (902 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 14 November 2025 and were signed on its behalf by:

C R Worthington - Director

| Horreum Developments Ltd (Registered number: 15510625) |

Notes to the Financial Statements

for the Period 20 February 2024 to 28 February 2025

1. | STATUTORY INFORMATION

| Horreum Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover represents sale of properties recognised on the date of completion.

| Stocks

| Stocks consist of development properties held for sale. Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

| At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less cost to complete and sell. The impairment loss is recognised immediately in profit or loss.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

| (i) Financial assets

| Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.

| (ii) Financial liabilities

| Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts

| Taxation

| Taxation for the period 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.

| Horreum Developments Ltd (Registered number: 15510625) |

Notes to the Financial Statements - continued

for the Period 20 February 2024 to 28 February 2025

2. | ACCOUNTING POLICIES - continued

| 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 period 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.

| Going concern

| As part of its going concern review, the directors have followed the guidelines published by the Financial Reporting Council entitled "Going Concern and Liquidity Risk Guidance for UK Companies 2009". The directors have the reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis the directors consider that the going concern basis of accounting remains appropriate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other debtors | 5,130 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other creditors | 7,250 |  |

| Other creditors includes £6,250 due to a connected company.

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 50 | Ordinary 'A' Shares | £1 | 50 |  |

| 50 | Ordinary 'B' Shares | £1 | 50 |  |

100 |  |

| The following shares were allotted and fully paid for cash at par during the period:

| 50 Ordinary 'A' Shares shares of £1 each

| 50 Ordinary 'B' Shares shares of £1 each