Company Registration No. 15535204 (England and Wales)
New Horizons Projects Ltd
Unaudited accounts
for the period from 1 March 2024 to 31 March 2025
New Horizons Projects Ltd
Unaudited accounts
Contents
New Horizons Projects Ltd
Company Information
for the period from 1 March 2024 to 31 March 2025
Directors
Joseph Martin Stocks
Marc Adam McVey
Company Number
15535204 (England and Wales)
Registered Office
11 Rosefield Road
Liverpool
Merseyside
L25 8TE
England
Accountants
SME Advanced Accounting Ltd
Rodney Chambers
40 Rodney Street
Liverpool
Merseyside
L1 9AA
New Horizons Projects Ltd
Statement of financial position
as at 31 March 2025
Investment property
105,000
Cash at bank and in hand
379
Creditors: amounts falling due within one year
(45,268)
Net current liabilities
(44,889)
Total assets less current liabilities
60,111
Creditors: amounts falling due after more than one year
(78,750)
Profit and loss account
(18,641)
Shareholders' funds
(18,639)
For the period ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by
Joseph Martin Stocks
Director
Company Registration No. 15535204
New Horizons Projects Ltd
Notes to the Accounts
for the period from 1 March 2024 to 31 March 2025
New Horizons Projects Ltd is a private company, limited by shares, registered in England and Wales, registration number 15535204. The registered office is 11 Rosefield Road, Liverpool, Merseyside, L25 8TE, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is initially recognised at cost and then subsequently measured at market fair value. changes in value are recognised in profit and loss.
The cost of the investment property has been arrived at on the basis of a valuation carried out by Century 21, 33 Allerton Road, Liverpool, L25 7RE. The director confirmed there have been no changes in value as at 31 March 2025.
5
Creditors: amounts falling due within one year
2025
Loans from directors
45,268
6
Creditors: amounts falling due after more than one year
2025
New Horizons Projects Ltd
Notes to the Accounts
for the period from 1 March 2024 to 31 March 2025
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Average number of employees
During the period the average number of employees was 0.