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REGISTERED NUMBER: 07900191 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

ON THE HOOF LIMITED

ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ON THE HOOF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Ms E E Mundy





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 07900191 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,312 41,967

CURRENT ASSETS
Stocks 5 4,210 5,500
Debtors 6 12,583 6,316
Cash at bank and in hand 173,394 160,256
190,187 172,072
CREDITORS
Amounts falling due within one year 7 112,035 88,212
NET CURRENT ASSETS 78,152 83,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,464

125,827

CREDITORS
Amounts falling due after more than one year 8 41,000 44,167
NET ASSETS 72,464 81,660

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 72,364 81,560
SHAREHOLDERS' FUNDS 72,464 81,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2022 and were signed by:





Ms E E Mundy - Director


ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

On the Hoof Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of 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 & equipment - 20% straight line
Computer equipment - 50% straight line

Government grants
Government grants represents income received in the form of the Job Retention Scheme (JRS) and the retail, hospitality and leisure grant fund (RHLG) received from the Government during the COVID-19 pandemic. The Government Grant also represents the first year of interest for the company on the Bounce Back Loan (BBL), it received during the year.

The grants are recognised on the accruals basis in the same period as the expenditure that it is expected to compensate for.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2021 - 19 ) .

ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings Computer
property & equipment equipment Totals
£    £    £    £   
COST
At 1 April 2021
and 31 March 2022 17,600 45,028 2,308 64,936
DEPRECIATION
At 1 April 2021 - 21,661 1,308 22,969
Charge for year - 6,405 250 6,655
At 31 March 2022 - 28,066 1,558 29,624
NET BOOK VALUE
At 31 March 2022 17,600 16,962 750 35,312
At 31 March 2021 17,600 23,367 1,000 41,967

5. STOCKS
31.3.22 31.3.21
£    £   
Stocks 4,210 5,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Other debtors 5,036 5,036
Prepayments 7,547 1,280
12,583 6,316

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 4,000 5,833
Trade creditors 48,197 26,350
Tax 9,129 11,291
Social security and other taxes - 10,685
Net wages - 2,183
Pensions 345 449
VAT 15,031 6,917
Directors' current accounts 33,733 22,904
Accrued expenses 1,600 1,600
112,035 88,212

ON THE HOOF LIMITED (REGISTERED NUMBER: 07900191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans - 1-2 years 4,000 10,000
Bank loans - 2-5 years 37,000 30,000
Bank loans more 5 yr by instal - 4,167
41,000 44,167

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 4,167

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary shares £1 100 100