Company Registration No. 10941555 (England and Wales)
Hotshoe 333 Limited
Unaudited Financial Statements
for the year ended 30 September 2023
Hotshoe 333 Limited
Unaudited Financial Statements
Contents
Hotshoe 333 Limited
Company Information
for the year ended 30 September 2023
Company Number
10941555 (England and Wales)
Registered Office
First Floor
131 St. Marks Road
London
W10 6NP
Accountants
Finovium & Co
3a Callow Street
London
SW3 6BJ
Hotshoe 333 Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
-
19
Creditors: amounts falling due within one year
(47,966)
(35,967)
Net current liabilities
(47,966)
(35,948)
Total assets less current liabilities
(47,966)
(35,948)
Creditors: amounts falling due after more than one year
-
(10,912)
Net liabilities
(47,966)
(46,860)
Called up share capital
100
100
Profit and loss account
(48,066)
(46,960)
Shareholders' funds
(47,966)
(46,860)
For the year ending 30 September 2023 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 6 October 2023 and were signed on its behalf by
Melissa De Witt
Director
Company Registration No. 10941555
Hotshoe 333 Limited
Notes to the Accounts
for the year ended 30 September 2023
Hotshoe 333 Limited is a private company, limited by shares, registered in England and Wales, registration number 10941555. The registered office is First Floor, 131 St. Marks Road, London, W10 6NP. The company is in the process of being wound up.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Land & buildings
Over 5 years on a straight line basis
Plant & machinery
Over 4 years on a straight line basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Hotshoe 333 Limited
Notes to the Accounts
for the year ended 30 September 2023
The Company has not traded during the year. After a careful review, the director has decided to cease providing financial support to the Company and it will be dissolved. These accounts have therefore been prepared on the break-up basis.
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Transactions with related parties
At the balance sheet date the company had an outstanding loan payable to Melissa De Witt a director of the company totaling £47,965 (2022: £31,641), which was interest free and repayable upon demand.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).