Horizon Micromobility Ltd - Filleted accounts

Registered number

12769786

Horizon Micromobility Ltd

Filleted Accounts

31 July 2026

Horizon Micromobility Ltd
Registered number:		12769786
Balance Sheet
as at 31 July 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		452			1,031

Current assets
Stocks		58,739			82,460
Debtors	4	1,723			1,723
Cash at bank		133,965			78,771
		194,427			162,954

Creditors: amounts falling due within one year	5	(57,509)			(70,788)

Net current assets			136,918			92,166

Net assets			137,370			93,197

Capital and reserves
Called up share capital			100			100
Profit and loss account			137,270			93,097

Shareholder's funds			137,370			93,197

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Whitehouse
Director
Approved by the board on 4 August 2026

Horizon Micromobility Ltd
Notes to the Accounts
for the year ended 31 July 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the sale of good. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 August 2025				2,321
	At 31 July 2026				2,321

	Depreciation
	At 1 August 2025				1,290
	Charge for the year				579
	At 31 July 2026				1,869

	Net book value
	At 31 July 2026				452
	At 31 July 2025				1,031


4	Debtors		2026		2025
£				£

	Other debtors		1,723		1,723


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		56,908		29,738
	Other creditors		601		41,050
			57,509		70,788


6	Other information

	Horizon Micromobility Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Kingfisher Works
	Tag Lane
	Reading
	Berkshire
	RG10 9SH