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Private Limited Company
06639392
2015-09-30
06639392
2014-10-01
2015-09-30
06639392
2014-09-30
06639392
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2014-09-30
06639392
uk-bus:Director1
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uk-gaap:PlantMachinery
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iso4217:GBP
| Horizon Commercial Solutions Limited |
For the year ended 30 September 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06639392
2
Horizon Commercial Solutions Limited
For the year ended 30 September 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
| Abbreviated Balance Sheet |
Horizon Commercial Solutions Limited
2015
2014
2
5
5
5
5
-
195
147
370
342
370
| Creditors: amounts falling due within one year |
(25,322)
(26,315)
(24,952)
(25,973)
Net current liabilities
| Total assets less current liabilities |
(25,968)
(24,947)
(25,968)
Net liabilities
(24,947)
10
10
(25,978)
(24,957)
(25,968)
(24,947)
Shareholders funds
| For the year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts |
| These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. |
| Date approved by the board: 27 June 2016 |
| Signed on behalf of the board of directors |
1 of 3
4
| Notes to the Abbreviated Financial Statements |
Horizon Commercial Solutions Limited
For the year ended 30 September 2015
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
| Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.Deferred tax assets are only recognised if it is more likely than not that they will be recovered either against future taxable profits or against the reversal of other deferred tax liabilities. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
2 of 3
5
| Notes to the Abbreviated Financial Statements |
Horizon Commercial Solutions Limited
For the year ended 30 September 2015
1,370
1,370
1,365
1,365
5
5
3 of 3
