Registered Number:11148980 |
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 29 February 2024
HOP LORD LTD
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
HOP LORD LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
22,630
23,461
2
22,630
23,461
11,750
5,500
3
Trade and other receivables |
10,923
-
4
31,409
Cash and cash equivalents |
26,665
32,165
54,082
Trade and other payables: amounts falling due within one |
year |
(38,219)
(24,185)
5
15,863
7,980
Net current assets
Total assets less current liabilities |
30,610
39,324
Trade and other payables: amounts falling due after more |
than one year |
(34,584)
(41,408)
6
(1,506)
(4,458)
Provisions for liabilities |
(12,304)
Net assets/liabilities
282
2
2
(12,306)
280
(12,304)
282
Shareholders' funds
For the year ended 29 February 2024 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mathew Bradley Pugh Director |
These financial statements were approved and authorised for issue by the Board on 16 September 2024 and were signed by: |
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For the year ended 29 February 2024
HOP LORD LTD
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 29 February 2024
HOP LORD LTD
Notes to the Financial Statements
Statutory Information
HOP LORD LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number |
11148980. |
7 Pump Street
Worcester
WR1 2QX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold Property
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 29 February 2024
HOP LORD LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
56,675
36,807
19,868
3,163
3,163
-
19,868
39,970
59,838
Provision for depreciation and impairment |
33,214
13,346
19,868
Charge for year
3,994
3,994
-
37,208
17,340
19,868
-
22,630
22,630
-
23,461
23,461
2023
2024
5,500
11,750
4. Trade and other receivables |
2023
2024
Prepayments and accrued income |
-
1,335
Amounts owed by directors |
-
9,588
10,923
-
5. Trade and other payables: amounts falling due within one year |
2023
2024
174
18,154
5,004
6,307
Taxation and social security |
11,569
11,788
Accruals and deferred income |
3,274
1,970
4,164
-
24,185
38,219
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For the year ended 29 February 2024
HOP LORD LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
41,408
34,584
7. Related party transactions |
The ultimate controlling party during the year was Mathew Pugh and Alexsandra Pugh , directors , whom control the |
company by virtue of each owning 50% of the share capital. |
8. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 2)
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