Company Registration No. 06297406 (England and Wales)
Horizon Research & Consulting Limited
Unaudited accounts
for the year ended 31 December 2017
Horizon Research & Consulting Limited
Unaudited accounts
Contents
Horizon Research & Consulting Limited
Company Information
for the year ended 31 December 2017
Directors
Mr Richard Trenholm
Mr James Matthew Crosland
Company Number
06297406 (England and Wales)
Registered Office
Whitegate
Cheshire
CW8 2EY
England
Accountants
Paul Austen Associates Ltd
Charter House
7-9 Wagg Street
Congleton
Cheshire
CW12 4BA
Horizon Research & Consulting Limited
Statement of financial position
as at 31 December 2017
Tangible assets
3,457
2,727
Cash at bank and in hand
602,668
276,583
Creditors: amounts falling due within one year
(323,835)
(281,929)
Net current assets
701,143
277,385
Net assets
704,600
280,112
Called up share capital
100
100
Profit and loss account
704,500
280,012
Shareholders' funds
704,600
280,112
For the year ending 31 December 2017 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 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 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.
Approved by the Board on 21 September 2018.
Mr James Matthew Crosland
Director
Company Registration No. 06297406
Horizon Research & Consulting Limited
Notes to the Accounts
for the year ended 31 December 2017
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% Straight line
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Tangible fixed assets
Plant & machinery
Horizon Research & Consulting Limited
Notes to the Accounts
for the year ended 31 December 2017
Trade debtors
416,242
276,663
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
166,753
68,445
Taxes and social security
107,913
49,490
Other creditors
8,700
144,931
Loans from directors
40,469
19,063
Amount owed to director £12,486 (2016: £19,063)
Parent Undertaking is James Crossland Limited, c/o Charter House, 7-9 Wagg Street, Congleton, Cheshire, CW12 4BA
9
Average number of employees
During the year the average number of employees was 3 (2016: 3).
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Reconciliations on adoption of FRS 102
