Company Registration No. 06297406 (England and Wales)
Horizon Research & Consulting Limited
Unaudited accounts
for the year ended 31 December 2020
Horizon Research & Consulting Limited
Unaudited accounts
Contents
Horizon Research & Consulting Limited
Company Information
for the year ended 31 December 2020
Director
Mr James Matthew Crosland
Company Number
06297406 (England and Wales)
Registered Office
Whitegate
Cheshire
CW8 2EY
England
Accountants
Paul Austen Associates Ltd
Riverside
Mountbatten Way
Congleton
Cheshire
CW12 1DY
Horizon Research & Consulting Limited
Statement of financial position
as at 31 December 2020
Tangible assets
3,468
2,100
Cash at bank and in hand
629,550
580,968
Creditors: amounts falling due within one year
(360,994)
(535,296)
Net current assets
490,073
409,814
Net assets
493,541
411,914
Called up share capital
100
100
Profit and loss account
493,441
411,814
Shareholders' funds
493,541
411,914
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2021 and were signed on its behalf by
Mr James Matthew Crosland
Director
Company Registration No. 06297406
Horizon Research & Consulting Limited
Notes to the Accounts
for the year ended 31 December 2020
Horizon Research & Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 06297406. The registered office is Whitegate, Cheshire, CW8 2EY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20-25% Reducing balance
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Tangible fixed assets
Plant & machinery
Horizon Research & Consulting Limited
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
213,648
358,074
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Creditors: amounts falling due within one year
2020
2019
Trade creditors
274,973
456,088
Taxes and social security
24,796
17,828
Loans from directors
52,525
52,680
Amount owed to director £52,525 (2019: £52,680)
Parent Undertaking is James Crossland Limited, c/o Paul Austen Associates Ltd, Riverside, Mountbatten Way, Congleton, Cheshire, CW12 1DY
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Average number of employees
During the year the average number of employees was 3 (2019: 3).
