1 false false false false false false false false false true false false false false false false No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2021 - FRS102_2021 433,690 60,792 372,898 372,898 433,690 xbrli:pure xbrli:shares iso4217:GBP 09784750 2022-10-01 2023-09-30 09784750 2023-09-30 09784750 2022-09-30 09784750 2021-10-01 2022-09-30 09784750 2022-09-30 09784750 core:FurnitureFittings 2022-10-01 2023-09-30 09784750 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 09784750 bus:Director1 2022-10-01 2023-09-30 09784750 core:FurnitureFittings 2022-09-30 09784750 core:FurnitureFittings 2023-09-30 09784750 core:WithinOneYear 2023-09-30 09784750 core:WithinOneYear 2022-09-30 09784750 core:ShareCapital 2023-09-30 09784750 core:ShareCapital 2022-09-30 09784750 core:OtherReservesSubtotal 2023-09-30 09784750 core:OtherReservesSubtotal 2022-09-30 09784750 core:RetainedEarningsAccumulatedLosses 2023-09-30 09784750 core:RetainedEarningsAccumulatedLosses 2022-09-30 09784750 core:CostValuation core:Non-currentFinancialInstruments 2022-09-30 09784750 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2023-09-30 09784750 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 09784750 core:Non-currentFinancialInstruments 2023-09-30 09784750 core:Non-currentFinancialInstruments 2022-09-30 09784750 core:FurnitureFittings 2022-09-30 09784750 bus:SmallEntities 2022-10-01 2023-09-30 09784750 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 09784750 bus:FullAccounts 2022-10-01 2023-09-30 09784750 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 09784750 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 09784750 bus:OrdinaryShareClass1 2023-09-30 09784750 bus:OrdinaryShareClass1 2022-09-30 09784750 core:ComputerEquipment 2022-10-01 2023-09-30 09784750 core:ComputerEquipment 2023-09-30 09784750 core:ComputerEquipment 2022-09-30
COMPANY REGISTRATION NUMBER: 09784750
HYPERIO TECHNOLOGY LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 September 2023
HYPERIO TECHNOLOGY LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2023
Contents
Pages
Balance sheet 1
Notes to the financial statements 2 to 4
HYPERIO TECHNOLOGY LIMITED
BALANCE SHEET
30 September 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
5
992
1,574
Investments
6
372,898
433,690
------------
------------
373,890
435,264
Current assets
Debtors
7
128
93
Cash at bank and in hand
169,158
215,456
------------
------------
169,286
215,549
Creditors: amounts falling due within one year
8
( 3,138)
( 1,039)
------------
------------
Net current assets
166,148
214,510
------------
------------
Total assets less current liabilities
540,038
649,774
------------
------------
Capital and reserves
Called up share capital
9
100
100
Other reserves
140,611
201,403
Profit and loss account
399,327
448,271
------------
------------
Shareholders funds
540,038
649,774
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 30 September 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 June 2024 , and are signed on behalf of the board by:
Mr T M Towndrow
Director
Company registration number: 09784750
HYPERIO TECHNOLOGY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41a Amberley Road, London, N13 4BH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment
-
15% reducing balance
Computer equipment
-
33% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Office equipment
Computer equipment
Total
£
£
£
Cost
At 1 October 2022 and 30 September 2023
1,330
9,713
11,043
------------
------------
------------
Depreciation
At 1 October 2022
636
8,833
9,469
Charge for the year
104
478
582
------------
------------
------------
At 30 September 2023
740
9,311
10,051
------------
------------
------------
Carrying amount
At 30 September 2023
590
402
992
------------
------------
------------
At 30 September 2022
694
880
1,574
------------
------------
------------
6. Investments
Other investments other than loans
£
Cost
At 1 October 2022
433,690
Revaluations
( 60,792)
------------
At 30 September 2023
372,898
------------
Impairment
At 1 October 2022 and 30 September 2023
------------
Carrying amount
At 30 September 2023
372,898
------------
At 30 September 2022
433,690
------------
7. Debtors
2023
2022
£
£
Other debtors
128
93
------------
------------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Social security and other taxes
206
Director loan accounts
3,138
833
------------
------------
3,138
1,039
------------
------------
9. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
------------
------------
------------
------------
10. Related party transactions
The director's loan of £3,138 (2022: £833) set out above is unsecured, repayable on demand and currently interest free. The company is controlled by the director.