Company Registration No. 03556195 (England and Wales)
Hornett's Design Limited
Unaudited accounts
for the year ended 30 April 2025
Hornett's Design Limited
Statement of financial position
as at 30 April 2025
Tangible assets
5,514
3,231
Cash at bank and in hand
8,607
9,842
Creditors: amounts falling due within one year
(8,009)
(13,181)
Net current assets
6,290
4,345
Called up share capital
2
2
Profit and loss account
11,802
7,574
Shareholders' funds
11,804
7,576
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 her 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 13 January 2026 and were signed on its behalf by
L M Hornett
Director
Company Registration No. 03556195
Hornett's Design Limited
Notes to the Accounts
for the year ended 30 April 2025
Hornett's Design Limited is a private company, limited by shares, registered in England and Wales, registration number 03556195. The registered office is Practical Bookkeeping Services Ltd, 34 Clarence Street, Southend-on-Sea, Essex, SS1 1BD, 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 remained unchanged from the previous year, and also 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2024
12,786
21,469
34,255
At 30 April 2025
15,343
21,890
37,233
At 1 May 2024
11,322
19,702
31,024
Charge for the year
366
329
695
At 30 April 2025
11,688
20,031
31,719
At 30 April 2025
3,655
1,859
5,514
At 30 April 2024
1,464
1,767
3,231
Hornett's Design Limited
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
573
921
Loans from directors
3,562
10,387
7
Transactions with related parties
During the year total dividends of £500 (2024 - £500) were paid to the director.
The company is controlled by the director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).