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Company Registration No. 12975295 (England and Wales)
Horn & Co. Accountants Limited Unaudited accounts for the year ended 31 March 2026
Horn & Co. Accountants Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Horn & Co. Accountants Limited Company Information for the year ended 31 March 2026
Director
Jonathan Horn
Company Number
12975295 (England and Wales)
Registered Office
6 Weyhill Close Portchester Fareham Hampshire PO16 8EL
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Horn & Co. Accountants Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
3
2,742
2,779
Investments
24,753
-
27,495
2,779
Current assets
Debtors
1,348
5,113
Cash at bank and in hand
8,018
19,204
9,366
24,317
Creditors: amounts falling due within one year
(3,674)
(69)
Net current assets
5,692
24,248
Total assets less current liabilities
33,187
27,027
Provisions for liabilities
Deferred tax
(688)
(528)
Net assets
32,499
26,499
Capital and reserves
Called up share capital
1
1
Profit and loss account
32,498
26,498
Shareholders' funds
32,499
26,499
For the year ending 31 March 2026 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 April 2026 and were signed on its behalf by
Jonathan Horn Director Company Registration No. 12975295
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Horn & Co. Accountants Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Horn & Co. Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 12975295. The registered office is 6 Weyhill Close, Portchester, Fareham, Hampshire, PO16 8EL.
2
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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Computer equipment
25% straight line
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Listed Investments
Listed investments are held at fair value. The original cost of the investment was £23,875.
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Horn & Co. Accountants Limited Notes to the Accounts for the year ended 31 March 2026
3
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2025
3,656
Additions
1,052
At 31 March 2026
4,708
Depreciation
At 1 April 2025
877
Charge for the year
1,089
At 31 March 2026
1,966
Net book value
At 31 March 2026
2,742
At 31 March 2025
2,779
4
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Jonathan Horn
Loan to director
2,970
-
2,970
-
2,970
-
2,970
-
Interest has been charged using the HMRC Official Rate of Interest.
5
Average number of employees
During the year the average number of employees was 3 (2025: 3).
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