Hortons Properties Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15859806

Hortons Properties Limited

Filleted Unaudited Financial Statements

31 March 2025

Hortons Properties Limited

Statement of Financial Position

31 March 2025

	31 Mar 25
Note	£

Fixed assets

Investments	4	2,434,464

Current assets

Debtors	5	100

Creditors: amounts falling due within one year	6	133,200
		---------
Net current liabilities		133,100
		------------
Total assets less current liabilities		2,301,364

Creditors: amounts falling due after more than one year	7	2,302,704
		------------
Net liabilities		( 1,340)
		------------

Capital and reserves

Called up share capital	8	100
Profit and loss account		( 1,440)
		-------
Shareholders deficit		( 1,340)
		-------

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 comprehensive income has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hortons Properties Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 24 November 2025 , and are signed on behalf of the board by:

Mr T C Horton

Director

Company registration number: 15859806

Hortons Properties Limited

Notes to the Financial Statements

Period from 26 July 2024 to 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Giddies, Hay Lane, Rugeley, Staffordshire, WS15 4QQ, United Kingdom.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a small entity as defined in FRS102 and section 382 of the Companies Act 2006 and has taken advantage of the disclosure exemptions available under paragraph 1A.7 of FRS102.

Investments

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Investments

	Investment Properties
	£
Cost
At 26 July 2024	–
Additions	2,434,464
	------------
At 31 March 2025	2,434,464
	------------
Impairment
At 26 July 2024 and 31 March 2025	–
	------------

Carrying amount
At 31 March 2025	2,434,464
	------------

5. Debtors

	31 Mar 25
	£
Directors loan account	100
	----

6. Creditors: amounts falling due within one year

	31 Mar 25
	£
Accruals and deferred income	1,200
Other creditors	132,000
	---------
	133,200
	---------

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

	31 Mar 25
	£
Other creditors	2,302,704
	------------

8. Called up share capital

Issued, called up and fully paid

	31 Mar 25
	No.	£
Ordinary shares of £ 1 each	100	100
	----	----

9. Directors' advances, credits and guarantees

During the Period the directors entered into the following advances and credits with the company:

	31 Mar 25
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr T C Horton	–	50	50
Mrs A R Horton	–	50	50
	----	----	----
	–	100	100
	----	----	----

10. Related party transactions

During the year the company received a loan from Central Plate Services Limited, a company in which T Horton and A Horton are directors and shareholders. The balance owed is £2,434,704.