Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2022-07-18truetruetrue3falsetrue 14239204 2022-07-17 14239204 2022-07-18 2023-12-31 14239204 2021-07-18 2022-07-17 14239204 2023-12-31 14239204 c:Director1 2022-07-18 2023-12-31 14239204 d:CurrentFinancialInstruments 2023-12-31 14239204 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14239204 d:ShareCapital 2023-12-31 14239204 d:RetainedEarningsAccumulatedLosses 2023-12-31 14239204 c:OrdinaryShareClass1 2022-07-18 2023-12-31 14239204 c:OrdinaryShareClass1 2023-12-31 14239204 c:FRS101 2022-07-18 2023-12-31 14239204 c:AuditExempt-NoAccountantsReport 2022-07-18 2023-12-31 14239204 c:FullAccounts 2022-07-18 2023-12-31 14239204 c:PrivateLimitedCompanyLtd 2022-07-18 2023-12-31 14239204 e:PoundSterling 2022-07-18 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14239204









ILOS HOOPERS POOL LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
ILOS HOOPERS POOL LTD
REGISTERED NUMBER: 14239204

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
711

Cash at bank and in hand
 5 
250

  
961

Creditors: amounts falling due within one year
 6 
(10,891)

Net (liabilities)/assets
  
 
 
(9,930)


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
(10,030)

  
(9,930)


The members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 April 2024.




S Klos
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
ILOS HOOPERS POOL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

ILOS Hoopers Pool Limited ("the Company") is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Leytonstone House, 3 Hanbury Drive, London, E11 1GA.
The principal activity of the Company is that of production of electricity.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 101 'Reduced Disclosure Framework'  and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 101 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Financial Reporting Standard 101 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions under FRS 101:
the requirements of IFRS 7 Financial Instruments: Disclosures
the requirements of paragraph 17 and 18A of IAS 24 Related Party Disclosures
the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member

This information is included in the consolidated financial statements of ILOS Projects GmbH as at 31 December 2023 and these financial statements may be obtained from the German company registry, Unternehmensregister.

 
2.3

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. The Company has the support of the wider Group and as such the directors consider it appropriate that the financial statements are to be prepared on a going concern basis.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
ILOS HOOPERS POOL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Creditors are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method.

Page 3

 
ILOS HOOPERS POOL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.9

Financial instruments

The Company recognises financial instruments when it becomes a party to the contractual arrangements of the instrument. Financial instruments are de-recognised when they are discharged or when the contractual terms expire. The Company's accounting policies in respect of financial instruments transactions are explained below:
Financial assets and financial liabilities are initially measured at fair value.
Financial assets
All recognised financial assets are subsequently measured in their entirety at either fair value or amortised cost, depending on the classification of the financial assets.
Fair value through profit or loss
All of the Company's financial assets are subsequently measured at fair value at the end of each reporting period, with any fair value gains or losses being recognised in profit or loss to the extent they are not part of a designated hedging relationship. The net gain or loss recognised in profit or loss includes any dividend or interest earned on the financial asset.
Financial liabilities
Fair value through profit or loss
Financial liabilities are classified as at fair value through profit or loss, when the financial liability is held for trading, or is designated as at fair value through profit or loss. This designation may be made if such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise, or the financial liability forms part of a group of financial instruments which is managed and its performance is evaluated on a fair value basis, or the financial liability forms part of a contract containing one or more embedded derivatives, and IFRS 9 permits the entire combined contract to be designated as at fair value through profit or loss. Any gains or losses arising on changes in fair value are recognised in profit or loss to the extent that they are not part of a designated hedging relationship.
At amortised cost
Financial liabilities which are neither contingent consideration of an acquirer in a business combination, held for trading, nor designated as at fair value through profit or loss are subsequently measured at amortised cost using the effective interest method. This is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments through the expected life of the financial liability, or where appropriate a shorter period, to the amortised cost of a financial liability.


3.


Employees

The average monthly number of employees, including directors, during the year was 3





Page 4

 
ILOS HOOPERS POOL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Debtors

2023
£

Other debtors
501

Prepayments and accrued income
210

711



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
250



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
185

Amounts owed to group undertakings
6,706

Accruals and deferred income
4,000

10,891



7.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


During the period the Company issued 100 Ordinary shares at par value of £1.


8.


Controlling party

The immediate parent company is ILOS New Energy UK Ltd. The ultimate controlling party is considered to be ILOS Projects GmbH.

 
Page 5