Company Registration No. 13346809 (England and Wales)
HookednCooked Ltd
Unaudited accounts
for the year ended 31 December 2023
HookednCooked Ltd
Unaudited accounts
Contents
HookednCooked Ltd
Company Information
for the year ended 31 December 2023
Company Number
13346809 (England and Wales)
Registered Office
c/o Accountancy Plus
9 Langley Street , Langley
Norwich
NR14 6DE
HookednCooked Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
4,582
5,330
Cash at bank and in hand
6,292
1,870
Creditors: amounts falling due within one year
(8,706)
(5,719)
Net current liabilities
(2,414)
(3,849)
Called up share capital
100
100
Profit and loss account
2,068
1,381
Shareholders' funds
2,168
1,481
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by
S Mitchell
Director
Company Registration No. 13346809
HookednCooked Ltd
Notes to the Accounts
for the year ended 31 December 2023
HookednCooked Ltd is a private company, limited by shares, registered in England and Wales, registration number 13346809. The registered office is c/o Accountancy Plus, 9 Langley Street , Langley, Norwich, NR14 6DE.
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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.
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:
Plant & machinery
25% reducing balance
Computer equipment
33% straight line
Cash is represented by cash in hand and deposits with financial institutions repayable within penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible know amounts of cash with insignificant risk of change in value.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loan to related parties and investments in ordinary shares.
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transactions costs, and are measure subsequently at amortised cost using the effective interest method.
Equity dividends are recognised when they become legally payable. Interim dividends are recognised when paid. Final dividends are recognised when approved by the shareholders.
HookednCooked Ltd
Notes to the Accounts
for the year ended 31 December 2023
The Directors have considered the Company's position at the time of signing of the financial statements, and based on this, the Directors have concluded that they have a reasonable expectation the Company will have adequate resources to continue in operation existence for the foreseeable future and there therefore continue to adopt the going concern basis of the accounting in preparing thee financial statements.
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
6,500
-
6,500
At 31 December 2023
6,563
1,206
7,769
At 1 January 2023
1,170
-
1,170
Charge for the year
1,619
398
2,017
At 31 December 2023
2,789
398
3,187
At 31 December 2023
3,774
808
4,582
At 31 December 2022
5,330
-
5,330
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,696
2,802
Loans from directors
278
417
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Average number of employees
During the year the average number of employees was 2 (2022: 2).