Hortus Finance Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12282044 (England and Wales)

HORTUS FINANCE LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M T Horton

Mrs P J Horton

G J Cleaver

D R Hill

REGISTERED OFFICE:

The Riding School House

Bulls Lane

Wishaw

Sutton Coldfield

West Midlands

B76 9QW

REGISTERED NUMBER:

12282044 (England and Wales)

CURRENT ASSETS

Debtors

4

23,461,152

22,965,834

Cash at bank

1,689,711

1,849,198

25,150,863

24,815,032

CREDITORS

Amounts falling due within one year

5

22,214,553

22,427,737

NET CURRENT ASSETS

2,936,310

2,387,295

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,936,310

2,387,295

CAPITAL AND RESERVES

Called up share capital

2,200

Retained earnings

2,934,110

2,385,095

SHAREHOLDERS' FUNDS

2,936,310

2,387,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

M T Horton - Director

Mrs P J Horton - Director

1.	STATUTORY INFORMATION

Hortus Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Trade debtors

22,884,216

22,561,480

Other debtors

576,936

404,354

23,461,152

22,965,834

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

Taxation and social security

95,305

180,586

Other creditors

22,119,248

22,247,151

22,214,553

22,427,737

The company had issued 22,000,000 £1 preference shares that are redeemable in such numbers and at such time as the holders may require at their par value together dividends which may have become payable but have not yet been paid. Accordingly these shares are classified as debt.During the year, 250,000 preference shares were redeemed to leave 21,750,000 as at 31st March 2026.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31/12/25

31/12/24

£

Mrs P J Horton

Balance outstanding at start of year

-

Amounts advanced

141,634

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

141,634

-

M T Horton

Balance outstanding at start of year

-

Amounts advanced

75,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

75,000

-

Directors loans were repaid in full on 1 July 2026.