Horizon Contractors Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03580310

Unaudited Financial Statements for the Year Ended 31 December 2025

for

HORIZON CONTRACTORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Latto

Mrs A Latto

SECRETARY:

Mrs A Latto

REGISTERED OFFICE:

153-155 London Road

Hemel Hempstead

Hertfordshire

HP3 9SQ

REGISTERED NUMBER:

03580310

FIXED ASSETS

Tangible assets

4

34,200

2,800

CURRENT ASSETS

Debtors

5

72,393

82,407

Cash at bank and in hand

91,112

125,404

163,505

207,811

CREDITORS

Amounts falling due within one year

6

64,288

90,974

NET CURRENT ASSETS

99,217

116,837

TOTAL ASSETS LESS CURRENT
LIABILITIES

133,417

119,637

CAPITAL AND RESERVES

Called up share capital

7

100

Capital redemption reserve

8

100

Retained earnings

8

133,217

119,437

SHAREHOLDERS' FUNDS

133,417

119,637

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

R A Latto - Director

1.	STATUTORY INFORMATION

Horizon Contractors Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Motor vehicles

-

25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

After reviewing the company's forecasts in the light of the Covid-19 pandemic, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.The company, therefore, continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

COST

At 1 January 2025

5,000

3,438

29,999

38,437

Additions

-

42,000

Disposals

-

(29,999

)

(29,999

)

At 31 December 2025

5,000

3,438

42,000

50,438

DEPRECIATION

At 1 January 2025

2,200

3,438

29,999

35,637

Charge for year

100

-

10,500

10,600

Eliminated on disposal

-

(29,999

)

(29,999

)

At 31 December 2025

2,300

3,438

10,500

16,238

NET BOOK VALUE

At 31 December 2025

2,700

-

31,500

34,200

At 31 December 2024

2,800

-

2,800

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

71,293

82,324

Other debtors

-

83

Prepayments

1,100

-

72,393

82,407

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

11,533

4,921

Taxation and social security

44,310

65,084

Other creditors

8,445

20,969

64,288

90,974

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1 January 2025

119,437

100

119,537

Profit for the year

43,780

Dividends

(30,000

)

(30,000

)

At 31 December 2025

133,217

100

133,317

The Capital Redemption Reserve is a non distributable reserve.