W.H. Horsley & Co Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 9662601

W.H. Horsley & Co Ltd

Filleted Unaudited Financial Statements

30 June 2024

W.H. Horsley & Co Ltd

Financial Statements

Year ended 30 June 2024

Contents	Page

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

W.H. Horsley & Co Ltd

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of W.H. Horsley & Co Ltd

Year ended 30 June 2024

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 June 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HARPER SHELDON LIMITED Chartered accountants

Midway House Staverton Technology Park Herrick Way, Staverton Cheltenham, Glos. GL51 6TQ

27 November 2025

W.H. Horsley & Co Ltd

Statement of Financial Position

30 June 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	6	2,925	2,534

Current assets

Debtors	7	2,027	8,555
Cash at bank and in hand		19,222	21,760
		--------	--------
		21,249	30,315

Creditors: amounts falling due within one year	8	( 20,672)	( 23,768)
		--------	--------
Net current assets		577	6,547
		-------	-------
Total assets less current liabilities		3,502	9,081

Creditors: amounts falling due after more than one year	9	( 2,893)	( 5,977)
		-------	-------
Net assets		609	3,104
		-------	-------

W.H. Horsley & Co Ltd

Statement of Financial Position (continued)

30 June 2024

	2024	2023
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	509	3,004
	----	-------
Shareholder funds	609	3,104
	----	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 November 2025 , and are signed on behalf of the board by:

D.P. Jones
Director

Company registration number: 9662601

W.H. Horsley & Co Ltd

Notes to the Financial Statements

Year ended 30 June 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ground Floor, Cavendish House, Littlewood Drive, West 26 Business Park, Cleckheaton, West Yorkshire, BD19 4TE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Franchises

Franchises have been capitalised to reflect the future economic value that they entitle the entity to. Franchises are measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Franchises	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Intangible assets

	Franchises
	£
Cost
At 1 July 2023 and 30 June 2024	38,495
	--------
Amortisation
At 1 July 2023 and 30 June 2024	38,495
	--------
Carrying amount
At 30 June 2024	–
	--------
At 30 June 2023	–
	--------

6. Tangible assets

	Office equipment
	£
Cost
At 1 July 2023	10,484
Additions	2,163
	--------
At 30 June 2024	12,647
	--------
Depreciation
At 1 July 2023	7,950
Charge for the year	1,772
	--------
At 30 June 2024	9,722
	--------
Carrying amount
At 30 June 2024	2,925
	--------
At 30 June 2023	2,534
	--------

7. Debtors

	2024	2023
	£	£
Trade debtors	218	6,384
Other debtors	1,809	2,171
	-------	-------
	2,027	8,555
	-------	-------

Other debtors include a loan to the director of £1,809 (2023 - £2,059).

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loan	3,075	2,995
Trade creditors	300	2,219
Social security and other taxes	13,297	14,385
Other creditors	4,000	4,169
	--------	--------
	20,672	23,768
	--------	--------

The bank loan is supported by the Bounce Back Loan Scheme Guarantee from the UK Government.

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loan	2,893	5,977
	-------	-------

The bank loan is supported by the Bounce Back Loan Scheme Guarantee from the UK Government.