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Company Registration No. 2245354 (England and Wales)
M.R. HORN TRANSPORT LIMITED Unaudited accounts for the year ended 30 April 2025
M.R. HORN TRANSPORT LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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M.R. HORN TRANSPORT LIMITED Company Information for the year ended 30 April 2025
Director
M R Horn
Company Number
2245354 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH
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M.R. HORN TRANSPORT LIMITED Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
304,678 
351,800 
Investments
5
335,234 
323,545 
639,912 
675,345 
Current assets
Inventories
2,047 
1,617 
Debtors
6
146,871 
136,480 
Cash at bank and in hand
(243)
(117)
148,675 
137,980 
Creditors: amounts falling due within one year
7
(235,892)
(231,478)
Net current liabilities
(87,217)
(93,498)
Total assets less current liabilities
552,695 
581,847 
Creditors: amounts falling due after more than one year
8
(424,908)
(432,182)
Net assets
127,787 
149,665 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
127,687 
149,565 
Shareholders' funds
127,787 
149,665 
For the year ending 30 April 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 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 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 and authorised for issue on 12 December 2025 and were signed on its behalf by
M R Horn Director Company Registration No. 2245354
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M.R. HORN TRANSPORT LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
M.R. HORN TRANSPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2245354. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2024
3,649 
91,172 
539,932 
634,753 
Additions
- 
6,000 
- 
6,000 
At 30 April 2025
3,649 
97,172 
539,932 
640,753 
Depreciation
At 1 May 2024
- 
35,382 
247,571 
282,953 
Charge for the year
- 
9,268 
43,854 
53,122 
At 30 April 2025
- 
44,650 
291,425 
336,075 
Net book value
At 30 April 2025
3,649 
52,522 
248,507 
304,678 
At 30 April 2024
3,649 
55,790 
292,361 
351,800 
5
Investments
Other investments 
£ 
Valuation at 1 May 2024
323,545 
Additions
11,689 
Valuation at 30 April 2025
335,234 
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M.R. HORN TRANSPORT LIMITED Notes to the Accounts for the year ended 30 April 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
60,342 
43,223 
Accrued income and prepayments
1,867 
3,595 
Other debtors
84,662 
89,662 
146,871 
136,480 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
81,342 
83,799 
VAT
8,082 
(2,436)
Obligations under finance leases and hire purchase contracts
58,266 
82,125 
Trade creditors
39,078 
40,588 
Taxes and social security
17,277 
14,987 
Other creditors
113 
312 
Loans from directors
29,047 
9,047 
Accruals
2,687 
3,056 
235,892 
231,478 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,644 
14,875 
Obligations under finance leases and hire purchase contracts
83,435 
145,313 
Other creditors
335,829 
271,994 
424,908 
432,182 
9
Transactions with related parties
The company had sales of £383,014 to MR Horn & Partners LLP in the year ended 30 April 2025. Nothing was owing at the year end. These transactions were on an arms length basis. MR Horn Transport Limited is a partner of MR Horn & Partners LLP. The company also received a profit share of £11,389 from MR Horn & Partners LLP, representing 5% interest on the members fixed capital.
10
Average number of employees
During the year the average number of employees was 4 (2024: 8).
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