Company Registration No. 09958185 (England and Wales)
Horace Ltd
Unaudited accounts
for the period from 19 January 2016 to 31 January 2017
Horace Ltd
Unaudited accounts
Contents
Horace Ltd
Company Information
for the period from 19 January 2016 to 31 January 2017
Directors
Blaise Hypolite
Harlon Hypolite
Company Number
09958185 (England and Wales)
Registered Office
2 HULLBROOM COTTAGES SPOREHAMS LANE
DANBURY
CHELMSFORD
ESSEX
CM3 4AQ
ENGLAND
Horace Ltd
Statement of financial position
as at
31 January 2017
Cash at bank and in hand
1,826
Creditors: amounts falling due within one year
(4,828)
Total assets less current liabilities
8,839
Provisions for liabilities
Called up share capital
1
Profit and loss account
8,617
Shareholders' funds
8,618
For the period ending 31 January 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 17 October 2017.
Harlon Hypolite
Director
Company Registration No. 09958185
Horace Ltd
Notes to the Accounts
for the period from 19 January 2016 to 31 January 2017
Horace Ltd is a private company, limited by shares, registered in England and Wales, registration number 09958185. The registered office and principal place of business is 2 HULLBROOM COTTAGES SPOREHAMS LANE, DANBURY, CHELMSFORD, ESSEX, CM3 4AQ, 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 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.
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% Reducing Balance
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,200
182
1,382
At 31 January 2017
1,200
182
1,382
Charge for the period
240
36
276
At 31 January 2017
240
36
276
At 31 January 2017
960
146
1,106
Horace Ltd
Notes to the Accounts
for the period from 19 January 2016 to 31 January 2017
6
Creditors: amounts falling due within one year
2017
Taxes and social security
4,108
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
-
17,114
8,706
8,408
There is a balance owed by the director at the year end of £8404 in respect of a short-term loan, which was repaid shortly after the year end. There were no fixed repayment terms and no interest charged on this loan.
9
Average number of employees
During the period the average number of employees was 2.