2022-08-012023-07-312023-07-31false13536266HOPEFLOW SERVICES LTD2023-11-1442110iso4217:GBPxbrli:pure135362662022-08-01135362662023-07-31135362662022-08-012023-07-31135362662021-07-28135362662022-07-31135362662021-07-282022-07-3113536266bus:SmallEntities2022-08-012023-07-3113536266bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3113536266bus:FullAccounts2022-08-012023-07-3113536266bus:PrivateLimitedCompanyLtd2022-08-012023-07-3113536266core:WithinOneYear2023-07-3113536266core:AfterOneYear2023-07-3113536266core:WithinOneYear2022-07-3113536266core:AfterOneYear2022-07-3113536266core:ShareCapital2023-07-3113536266core:SharePremium2023-07-3113536266core:RevaluationReserve2023-07-3113536266core:OtherReservesSubtotal2023-07-3113536266core:RetainedEarningsAccumulatedLosses2023-07-3113536266core:ShareCapital2022-07-3113536266core:SharePremium2022-07-3113536266core:RevaluationReserve2022-07-3113536266core:OtherReservesSubtotal2022-07-3113536266core:RetainedEarningsAccumulatedLosses2022-07-3113536266core:LandBuildings2023-07-3113536266core:PlantMachinery2023-07-3113536266core:Vehicles2023-07-3113536266core:FurnitureFittings2023-07-3113536266core:OfficeEquipment2023-07-3113536266core:NetGoodwill2023-07-3113536266core:IntangibleAssetsOtherThanGoodwill2023-07-3113536266core:ListedExchangeTraded2023-07-3113536266core:UnlistedNon-exchangeTraded2023-07-3113536266core:LandBuildings2022-07-3113536266core:PlantMachinery2022-07-3113536266core:Vehicles2022-07-3113536266core:FurnitureFittings2022-07-3113536266core:OfficeEquipment2022-07-3113536266core:NetGoodwill2022-07-3113536266core:IntangibleAssetsOtherThanGoodwill2022-07-3113536266core:ListedExchangeTraded2022-07-3113536266core:UnlistedNon-exchangeTraded2022-07-3113536266core:LandBuildings2022-08-012023-07-3113536266core:PlantMachinery2022-08-012023-07-3113536266core:Vehicles2022-08-012023-07-3113536266core:FurnitureFittings2022-08-012023-07-3113536266core:OfficeEquipment2022-08-012023-07-3113536266core:NetGoodwill2022-08-012023-07-3113536266core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113536266core:ListedExchangeTraded2022-08-012023-07-3113536266core:UnlistedNon-exchangeTraded2022-08-012023-07-3113536266core:MoreThanFiveYears2022-08-012023-07-3113536266core:Non-currentFinancialInstruments2023-07-3113536266core:Non-currentFinancialInstruments2022-07-3113536266dpl:CostSales2022-08-012023-07-3113536266dpl:DistributionCosts2022-08-012023-07-3113536266core:LandBuildings2022-08-012023-07-3113536266core:PlantMachinery2022-08-012023-07-3113536266core:Vehicles2022-08-012023-07-3113536266core:FurnitureFittings2022-08-012023-07-3113536266core:OfficeEquipment2022-08-012023-07-3113536266dpl:AdministrativeExpenses2022-08-012023-07-3113536266core:NetGoodwill2022-08-012023-07-3113536266core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113536266dpl:GroupUndertakings2022-08-012023-07-3113536266dpl:ParticipatingInterests2022-08-012023-07-3113536266dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3113536266core:ListedExchangeTraded2022-08-012023-07-3113536266dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3113536266core:UnlistedNon-exchangeTraded2022-08-012023-07-3113536266dpl:CostSales2021-07-282022-07-3113536266dpl:DistributionCosts2021-07-282022-07-3113536266core:LandBuildings2021-07-282022-07-3113536266core:PlantMachinery2021-07-282022-07-3113536266core:Vehicles2021-07-282022-07-3113536266core:FurnitureFittings2021-07-282022-07-3113536266core:OfficeEquipment2021-07-282022-07-3113536266dpl:AdministrativeExpenses2021-07-282022-07-3113536266core:NetGoodwill2021-07-282022-07-3113536266core:IntangibleAssetsOtherThanGoodwill2021-07-282022-07-3113536266dpl:GroupUndertakings2021-07-282022-07-3113536266dpl:ParticipatingInterests2021-07-282022-07-3113536266dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-282022-07-3113536266core:ListedExchangeTraded2021-07-282022-07-3113536266dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-282022-07-3113536266core:UnlistedNon-exchangeTraded2021-07-282022-07-3113536266core:NetGoodwill2023-07-3113536266core:IntangibleAssetsOtherThanGoodwill2023-07-3113536266core:LandBuildings2023-07-3113536266core:PlantMachinery2023-07-3113536266core:Vehicles2023-07-3113536266core:FurnitureFittings2023-07-3113536266core:OfficeEquipment2023-07-3113536266core:AfterOneYear2023-07-3113536266core:WithinOneYear2023-07-3113536266core:ListedExchangeTraded2023-07-3113536266core:UnlistedNon-exchangeTraded2023-07-3113536266core:ShareCapital2023-07-3113536266core:SharePremium2023-07-3113536266core:RevaluationReserve2023-07-3113536266core:OtherReservesSubtotal2023-07-3113536266core:RetainedEarningsAccumulatedLosses2023-07-3113536266core:NetGoodwill2022-07-3113536266core:IntangibleAssetsOtherThanGoodwill2022-07-3113536266core:LandBuildings2022-07-3113536266core:PlantMachinery2022-07-3113536266core:Vehicles2022-07-3113536266core:FurnitureFittings2022-07-3113536266core:OfficeEquipment2022-07-3113536266core:AfterOneYear2022-07-3113536266core:WithinOneYear2022-07-3113536266core:ListedExchangeTraded2022-07-3113536266core:UnlistedNon-exchangeTraded2022-07-3113536266core:ShareCapital2022-07-3113536266core:SharePremium2022-07-3113536266core:RevaluationReserve2022-07-3113536266core:OtherReservesSubtotal2022-07-3113536266core:RetainedEarningsAccumulatedLosses2022-07-3113536266core:NetGoodwill2021-07-2813536266core:IntangibleAssetsOtherThanGoodwill2021-07-2813536266core:LandBuildings2021-07-2813536266core:PlantMachinery2021-07-2813536266core:Vehicles2021-07-2813536266core:FurnitureFittings2021-07-2813536266core:OfficeEquipment2021-07-2813536266core:AfterOneYear2021-07-2813536266core:WithinOneYear2021-07-2813536266core:ListedExchangeTraded2021-07-2813536266core:UnlistedNon-exchangeTraded2021-07-2813536266core:ShareCapital2021-07-2813536266core:SharePremium2021-07-2813536266core:RevaluationReserve2021-07-2813536266core:OtherReservesSubtotal2021-07-2813536266core:RetainedEarningsAccumulatedLosses2021-07-2813536266core:AfterOneYear2022-08-012023-07-3113536266core:WithinOneYear2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:CostValuation2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-012023-07-3113536266core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3113536266core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3113536266core:Non-currentFinancialInstrumentscore:CostValuation2022-07-3113536266core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-3113536266core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-3113536266bus:Director12022-08-012023-07-3113536266bus:Director22022-08-012023-07-31

HOPEFLOW SERVICES LTD

Registered Number
13536266
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

HOPEFLOW SERVICES LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

DEANUS, Kelly
HOPE, Jack Robert

Registered Address

12 Halstead Road
Kirby Cross
Frinton-On-Sea
CO13 0LW

Registered Number

13536266 (England and Wales)
HOPEFLOW SERVICES LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets519,60225,301
19,60225,301
Current assets
Debtors66363,322
Cash at bank and on hand7,7266,411
8,3629,733
Creditors amounts falling due within one year7(26,892)(25,275)
Net current assets (liabilities)(18,530)(15,542)
Total assets less current liabilities1,0729,759
Net assets1,0729,759
Capital and reserves
Profit and loss account1,0729,759
Shareholders' funds1,0729,759
The financial statements were approved and authorised for issue by the Board of Directors on 14 November 2023, and are signed on its behalf by:
DEANUS, Kelly
Director
HOPE, Jack Robert
Director

Registered Company No. 13536266
HOPEFLOW SERVICES LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: 25% Reducing balance
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
4.Employee information

20232022
Average number of employees during the year21
5.Property, plant and equipment

Plant & machinery

Vehicles

Total

£££
Cost or valuation
At 01 August 2274831,23031,978
Additions658-658
At 31 July 231,40631,23032,636
Depreciation and impairment
At 01 August 22676,6106,677
Charge for year2016,1566,357
At 31 July 2326812,76613,034
Net book value
At 31 July 231,13818,46419,602
At 31 July 2268124,62025,301
6.Debtors

2023

2022

££
Trade debtors / trade receivables-3,050
Other debtors504272
Prepayments and accrued income132-
Total6363,322
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables257522
Taxation and social security3,693-
Finance lease and HP contracts16,42220,242
Other creditors6,5204,511
Total26,89225,275
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.