Horizen Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08891304 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 12 February 2014 to 28 February 2015

for

Horizen Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

Mr G McPherson

REGISTERED OFFICE:

12 High Street

Sutton

Ely

Cambridgeshire

CB6 2RB

REGISTERED NUMBER:

08891304 (England and Wales)

ACCOUNTANTS:

Tracy Newman

Chartered Accountant

7a Market Place

Ely

Cambridgeshire

CB7 4NP

FIXED ASSETS

Tangible assets

2

5,212

CURRENT ASSETS

Debtors

8,102

Prepayments and accrued income

1,590

Cash at bank

46,629

56,321

CREDITORS

Amounts falling due within one year

22,006

NET CURRENT ASSETS

34,315

TOTAL ASSETS LESS CURRENT LIABILITIES

39,527

PROVISIONS FOR LIABILITIES

1,042

NET ASSETS

38,485

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

38,385

SHAREHOLDERS' FUNDS

38,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 April 2015 and were signed by:

Mr G McPherson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods and services excluding VAT.

Tangible fixed assets

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

Fixtures, fittings & furniture

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in

periods different from those in which they are included in the company's accounts. Deferred tax is provided in

full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date,

at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and

laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is

no commitment to sell the asset.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

Pension costs and other post-retirement benefits

Contributions in respect of the company's defined contribution pension scheme are charged to the profit and

loss account for the period in which they are payable to the scheme. Differences between contributions

payable and contributions actually paid in the period are shown as either accruals or prepayments at the period

end.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

6,100

Disposals

(480

)

At 28 February 2015

5,620

DEPRECIATION

Charge for period

408

At 28 February 2015

408

NET BOOK VALUE

At 28 February 2015

5,212

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

4.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Horizen Solutions Limited for the period ended 28 February 2015 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Horizen Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Horizen Solutions Limited and state those matters that we have agreed to state to the director of Horizen Solutions Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Horizen Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Horizen Solutions Limited. You consider that Horizen Solutions Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Horizen Solutions Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tracy Newman

Chartered Accountant

7a Market Place

Ely

Cambridgeshire

CB7 4NP

15 April 2015