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Company Registration No. 4040937 (England and Wales)
THE HOTSPOT (LOWESTOFT) LTD Unaudited accounts for the year ended 31 July 2023
THE HOTSPOT (LOWESTOFT) LTD Unaudited accounts Contents
Page
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THE HOTSPOT (LOWESTOFT) LTD Company Information for the year ended 31 July 2023
Director
Mr David Ryder
Company Number
4040937 (England and Wales)
Registered Office
27A LONG ROAD LOWESTOFT NR33 9DB
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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THE HOTSPOT (LOWESTOFT) LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,895 
2,229 
Current assets
Inventories
300 
300 
Debtors
741 
565 
Cash at bank and in hand
14,335 
18,474 
15,376 
19,339 
Creditors: amounts falling due within one year
(1,359)
(14,432)
Net current assets
14,017 
4,907 
Total assets less current liabilities
15,912 
7,136 
Creditors: amounts falling due after more than one year
(15,117)
(6,800)
Net assets
795 
336 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
775 
316 
Shareholders' funds
795 
336 
For the year ending 31 July 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 his 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.
The financial statements were approved by the Board and authorised for issue on 18 October 2023 and were signed on its behalf by
Mr David Ryder Director Company Registration No. 4040937
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THE HOTSPOT (LOWESTOFT) LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
THE HOTSPOT (LOWESTOFT) LTD is a private company, limited by shares, registered in England and Wales, registration number 4040937. The registered office is 27A LONG ROAD, LOWESTOFT, NR33 9DB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
25,625 
979 
26,604 
At 31 July 2023
25,625 
979 
26,604 
Depreciation
At 1 August 2022
23,997 
378 
24,375 
Charge for the year
244 
90 
334 
At 31 July 2023
24,241 
468 
24,709 
Net book value
At 31 July 2023
1,384 
511 
1,895 
At 31 July 2022
1,628 
601 
2,229 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
741 
565 
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THE HOTSPOT (LOWESTOFT) LTD Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
14,167 
Taxes and social security
1,359 
265 
1,359 
14,432 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,117 
6,800 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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