Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity0false2023-04-010truetrue 08793063 2023-04-01 2024-03-31 08793063 2022-04-01 2023-03-31 08793063 2024-03-31 08793063 2023-03-31 08793063 c:Director3 2023-04-01 2024-03-31 08793063 d:CurrentFinancialInstruments 2024-03-31 08793063 d:CurrentFinancialInstruments 2023-03-31 08793063 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08793063 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08793063 d:ShareCapital 2024-03-31 08793063 d:ShareCapital 2023-03-31 08793063 c:FRS102 2023-04-01 2024-03-31 08793063 c:Audited 2023-04-01 2024-03-31 08793063 c:FullAccounts 2023-04-01 2024-03-31 08793063 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08793063 c:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08793063










HOPPA LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
HOPPA LIMITED
REGISTERED NUMBER: 08793063

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
128,041
134,866

Cash at bank and in hand
  
139,625
109,610

  
267,666
244,476

Creditors: amounts falling due within one year
 5 
(267,665)
(244,475)

Net current assets
  
 
 
1
 
 
1

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1


The financial statements have been prepared 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 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 income and retained earnings 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 by: 





R Stansbury
Director

Date: 22 August 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HOPPA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Hoppa Limited (08793063) is a private company limited by shares and incorporated in England and Wales. Its registered office is Unit 8, Towergate Business Centre, Coopers Place, Combe Lane, Wormley, Surrey, GU8 5SZ.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. 

 
2.4

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.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

Page 2

 
HOPPA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

  
2.6

Group VAT registration

The company is part of a group VAT registration with its parent, Waverley Hoppa Community Transport. Waverley Hoppa Community Transport is the nominated company, responsible for submitting the returns and for making the payments on behalf of the companies in the group VAT registration.

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.8

Distributions

Gift aid distributions are recognised when they become legally payable.

Page 3

 
HOPPA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Debtors

2024
2023
£
£


Trade debtors
128,041
134,866

128,041
134,866



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
262,465
239,275

Accruals and deferred income
5,200
5,200

267,665
244,475



6.


Related party transactions

During the year the company traded with its parent company, Waverley Hoppa Community Transport. Total costs in the year amounted to £1,059,638 (2023 - £798,283) and the company made gift aid distributions of £119,324 (2023 - £86,488).
At the year end, Hoppa Limited owed Waverley Hoppa Community Transport £262,465 (2023 - £239,275).


7.


Auditor's information

The auditor's report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 3 September 2024 by Mr Mark Dickinson FCA (Senior statutory auditor) on behalf of Shaw Gibbs (Audit) Limited.

 
Page 4