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REGISTERED NUMBER: 11198729 (England and Wales)















HPO Sales Limited

Previously known as
C.A.F Comparison Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2024






HPO Sales Limited (Registered number: 11198729)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


HPO Sales Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C Atkinson Forber
Mrs P Atkinson-Forber





REGISTERED OFFICE: 76 High Street
Brierley Hill
West Midlands
DY5 3AW





BUSINESS ADDRESS: 15 Caswell Road
Lichfield
Staffordshire
WS13 6UD





REGISTERED NUMBER: 11198729 (England and Wales)





ACCOUNTANTS: JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
West Midlands
DY5 3AW

HPO Sales Limited (Registered number: 11198729)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,264 -

CURRENT ASSETS
Debtors 5 47,668 28,477
Cash at bank 987,442 1,655
1,035,110 30,132
CREDITORS
Amounts falling due within one year 6 559,118 20,602
NET CURRENT ASSETS 475,992 9,530
TOTAL ASSETS LESS CURRENT
LIABILITIES

482,256

9,530

CREDITORS
Amounts falling due after more than one
year

7

-

(13,744

)

PROVISIONS FOR LIABILITIES (1,566 ) -
NET ASSETS/(LIABILITIES) 480,690 (4,214 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 480,590 (4,314 )
480,690 (4,214 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HPO Sales Limited (Registered number: 11198729)

Balance Sheet - continued
31 January 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2024 and were signed on its behalf by:





C Atkinson Forber - Director


HPO Sales Limited (Registered number: 11198729)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

HPO Sales Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 January 2024 are the first that are prepared in accordance with FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of transition to FRS 102 Section 1A is 1 February 2022.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HPO Sales Limited (Registered number: 11198729)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
Additions 525 7,757 8,282
At 31 January 2024 525 7,757 8,282
DEPRECIATION
Charge for year 79 1,939 2,018
At 31 January 2024 79 1,939 2,018
NET BOOK VALUE
At 31 January 2024 446 5,818 6,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,860 2,000
Other debtors 4,808 26,477
47,668 28,477

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 4,023
Taxation and social security 438,098 15,038
Other creditors 121,020 1,541
559,118 20,602

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 13,744

HPO Sales Limited (Registered number: 11198729)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
C Atkinson Forber
Balance outstanding at start of year 21,669 27,231
Amounts advanced - 21,669
Amounts repaid (21,669 ) (27,231 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 21,669

The advance is provided interest free and is repayable on demand.