Horizon Living Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09693595

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		2,926,034		2,621,775

			2,926,034		2,621,775
CURRENT ASSETS
Debtors	5	17,423		13,927
Investments	6	30,000		-
Cash at bank and in hand		6,555		112,640

		53,978		126,567
Creditors: Amounts Falling Due Within One Year	7	(840,489 )		(800,703 )

NET CURRENT ASSETS (LIABILITIES)			(786,511 )		(674,136 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,139,523		1,947,639

Creditors: Amounts Falling Due After More Than One Year	8		(1,464,171 )		(1,314,227 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(70,535 )		(70,535 )

NET ASSETS			604,817		562,877

CAPITAL AND RESERVES
Called up share capital	9		5		5
Profit and Loss Account			604,812		562,872

SHAREHOLDERS' FUNDS			604,817		562,877

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Horizon Living Limited

Balance Sheet (continued)

As At 31 March 2025

For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Browne

Director

08/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Horizon Living Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09693595 . The registered office is Office 15 Bramley House 2a Bramley Road, Long Eaton, Nottinghamshire, NG10 3SX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Horizon Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	2,621,775
Additions	304,259

As at 31 March 2025	2,926,034

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	697
Other debtors	17,423	13,230

	17,423	13,927

6. Current Asset Investments

	2025	2024
	£	£
Unlisted investments	30,000	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	13,846	21,819
Other creditors	17,423	13,229
Accruals and deferred income	-	1,854
Director's loan account	227,107	431,688
Amounts owed to associates	582,113	332,113

	840,489	800,703

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,464,171	1,314,227

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5	5

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Horizon Living Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Related Party Transactions

The following amounts were outstanding at the reporting end date:

Amounts due to related parties

The amount outstanding to Horizon Build Limited : CY£87,233 (PY£77,233), a company in which Mr Christopher Browne is a director and

shareholder, is in respect of a loan provided in a prior year. No interest was charged on the loan during the year.

The amount outstanding to Horizon block management Limited : CY£486,880 (PY£246,880), a company in which Mr Christopher Browne is a director and shareholder, is in respect of a loan provided in a prior year. No interest was charged on the loan during the year.

The amount outstanding to Horizon Lets Limited : CY£8,000 (PY£8,000), a company in which Mr Christopher Browne is a director and

shareholder, is in respect of a loan provided in a prior year. No interest was charged on the loan during the year.

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