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REGISTERED NUMBER: 09559739 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

HOOK TECHNOLOGIES LTD

HOOK TECHNOLOGIES LTD (REGISTERED NUMBER: 09559739)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOOK TECHNOLOGIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: M A Hook





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 09559739 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

HOOK TECHNOLOGIES LTD (REGISTERED NUMBER: 09559739)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,336 23,865

CURRENT ASSETS
Debtors 5 - 9,360
Cash at bank 11,988 34,009
11,988 43,369
CREDITORS
Amounts falling due within one year 6 (9,156 ) (20,957 )
NET CURRENT ASSETS 2,832 22,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,168

46,277

CREDITORS
Amounts falling due after more than one
year

7

-

(19,600

)

PROVISIONS FOR LIABILITIES 8 (3,484 ) (4,534 )
NET ASSETS 17,684 22,143

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 17,683 22,142
SHAREHOLDERS' FUNDS 17,684 22,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2023 and were signed by:





M A Hook - Director


HOOK TECHNOLOGIES LTD (REGISTERED NUMBER: 09559739)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Hook Technologies Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 revenue recognised in the accounts excluding value added tax. Services are performed gradually over time so revenue is recognised as the company fulfils its contractual obligations and activity progresses by reference to the value of work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor Vehicles - 25% on reducing balance
Fixtures and fittings - 33.3% straight line
Bicycle - 33.3% straight line
Computer equipment - 33.3% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

HOOK TECHNOLOGIES LTD (REGISTERED NUMBER: 09559739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Motor and Computer
Vehicles fittings Bicycle equipment Totals
£    £    £    £    £   
COST
At 1 May 2022 31,524 676 1,170 3,332 36,702
Additions - - - 754 754
At 30 April 2023 31,524 676 1,170 4,086 37,456
DEPRECIATION
At 1 May 2022 7,881 573 1,170 3,213 12,837
Charge for year 5,911 103 - 269 6,283
At 30 April 2023 13,792 676 1,170 3,482 19,120
NET BOOK VALUE
At 30 April 2023 17,732 - - 604 18,336
At 30 April 2022 23,643 103 - 119 23,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 9,360

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 7,536 15,974
Other creditors 1,620 4,983
9,156 20,957

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors - 19,600

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 3,484 4,534

Deferred
tax
£   
Balance at 1 May 2022 4,534
Movement in year (1,050 )
Balance at 30 April 2023 3,484

9. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of M A Hook, the sole director and shareholder of the company.