Silverfin false 31/03/2023 01/04/2022 31/03/2023 E Sela 20/09/2021 10 October 2023 The principal activity of the Company during the financial year was that of performing arts. 13631351 2023-03-31 13631351 bus:Director1 2023-03-31 13631351 2022-03-31 13631351 core:CurrentFinancialInstruments 2023-03-31 13631351 core:CurrentFinancialInstruments 2022-03-31 13631351 core:ShareCapital 2023-03-31 13631351 core:ShareCapital 2022-03-31 13631351 core:RetainedEarningsAccumulatedLosses 2023-03-31 13631351 core:RetainedEarningsAccumulatedLosses 2022-03-31 13631351 core:ComputerEquipment 2022-03-31 13631351 core:ComputerEquipment 2023-03-31 13631351 bus:OrdinaryShareClass1 2023-03-31 13631351 2022-04-01 2023-03-31 13631351 bus:FullAccounts 2022-04-01 2023-03-31 13631351 bus:SmallEntities 2022-04-01 2023-03-31 13631351 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13631351 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13631351 bus:Director1 2022-04-01 2023-03-31 13631351 core:ComputerEquipment core:TopRangeValue 2022-04-01 2023-03-31 13631351 2021-04-01 2022-03-31 13631351 core:ComputerEquipment 2022-04-01 2023-03-31 13631351 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13631351 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13631351 (England and Wales)

HOOPSYDAISY LTD

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

HOOPSYDAISY LTD

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

HOOPSYDAISY LTD

BALANCE SHEET

As at 31 March 2023
HOOPSYDAISY LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 3,565 0
3,565 0
Current assets
Debtors 4 76,534 51,672
Cash at bank and in hand 74,486 8,000
151,020 59,672
Creditors: amounts falling due within one year 5 ( 53,364) ( 11,699)
Net current assets 97,656 47,973
Total assets less current liabilities 101,221 47,973
Provision for liabilities ( 891) 0
Net assets 100,330 47,973
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 100,230 47,873
Total shareholder's funds 100,330 47,973

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of HoopsyDaisy Ltd (registered number: 13631351) were approved and authorised for issue by the Director on 10 October 2023. They were signed on its behalf by:

E Sela
Director
HOOPSYDAISY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
HOOPSYDAISY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

HoopsyDaisy Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, 90 Victoria Street, Bristol, BS1 6DP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year 0 0

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 April 2022 0 0
Additions 4,193 4,193
At 31 March 2023 4,193 4,193
Accumulated depreciation
At 01 April 2022 0 0
Charge for the financial year 628 628
At 31 March 2023 628 628
Net book value
At 31 March 2023 3,565 3,565
At 31 March 2022 0 0

4. Debtors

2023 2022
£ £
Trade debtors 4,134 0
Amounts owed by director 38,455 51,672
Other debtors 33,945 0
76,534 51,672

5. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 2,750 0
Taxation and social security 50,614 11,699
53,364 11,699

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

Transactions with the entity's director

2023 2022
£ £
Director's loan account 38,455 51,672

During the financial period, advances of £242,187 were made to the director. The director made repayments of £255,404. At the end of the financial period, the Company was owed £38,455 by the director in respect to the Director's loan account. This amount is disclosed in the Balance Sheet under Debtors.