New Horizon Marketing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03383199

New Horizon Marketing Limited

Filleted Unaudited Financial Statements

Year ended

30 June 2025

New Horizon Marketing Limited

Financial Statements

Year ended 30 June 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

New Horizon Marketing Limited

Statement of Financial Position

30 June 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		151,844		160,030

Current assets

Debtors	6	100	–
Cash at bank and in hand		12,593	2,101
		--------	-------
		12,693	2,101

Creditors: amounts falling due within one year	7	67,670		64,499
		--------		--------
Net current liabilities			54,977		62,398
			----------		----------
Total assets less current liabilities			96,867		97,632

Provisions

Taxation including deferred tax	13,942	15,497
	--------	--------
Net assets	82,925	82,135
	--------	--------

Capital and reserves

Called up share capital	10	2
Profit and loss account	82,915	82,133
	--------	--------
Shareholder funds	82,925	82,135
	--------	--------

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 year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

New Horizon Marketing Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 10 April 2026 , and are signed on behalf of the board by:

Mrs J Ainsley
Director

Company registration number: 03383199

New Horizon Marketing Limited

Notes to the Financial Statements

Year ended 30 June 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 Newstead, Low Moor, Rillington, Malton, North Yorkshire, YO17 8JU.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered. The turnover shown in the profit and loss account represents the amounts of rental income due and receivable for the year.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	10% reducing balance
Fixtures & Fittings	-	10% reducing balance
Equipment	-	25% reducing balance

No depreciation is charged on land and buildings.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 July 2024 and 30 June 2025	78,466	90,000	4,922	5,535	178,923
	--------	--------	-------	-------	----------
Depreciation
At 1 July 2024	–	9,020	4,548	5,325	18,893
Charge for the year	–	8,100	38	48	8,186
	--------	--------	-------	-------	----------
At 30 June 2025	–	17,120	4,586	5,373	27,079
	--------	--------	-------	-------	----------
Carrying amount
At 30 June 2025	78,466	72,880	336	162	151,844
	--------	--------	-------	-------	----------
At 30 June 2024	78,466	80,980	374	210	160,030
	--------	--------	-------	-------	----------

6. Debtors

	2025	2024
	£	£
Other debtors	100	–
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,352	55,000
Accruals and deferred income	2,414	1,416
Corporation tax	1,739	1,227
Director loan accounts	7,169	6,856
Other creditors	54,996	–
	--------	--------
	67,670	64,499
	--------	--------

8. Related party transactions

The director had a loan account with the company during the year and the balance at 30 June 2025 was £ 7,169 (30 June 2024: £6,586). The loan is interest free and repayable on demand. The shareholders had a loan account with the company during the year and the balance at 30 June 2025 was £54,996 (30 June 2024: £Nil). The loan is interest free and repayable on demand.