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REGISTERED NUMBER: 07634880 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

HOT DNA Limited

HOT DNA Limited (Registered number: 07634880)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


HOT DNA Limited (Registered number: 07634880)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 284 620
Investments 5 1 1
285 621

CURRENT ASSETS
Debtors 6 101,690 102,043
Cash at bank 37,992 57,213
139,682 159,256
CREDITORS
Amounts falling due within one year 7 (67,966 ) (70,761 )
NET CURRENT ASSETS 71,716 88,495
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,001

89,116

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,901 89,016
SHAREHOLDERS' FUNDS 72,001 89,116

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

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

The director acknowledges his 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.

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 Profit & loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





P Khanna - Director


HOT DNA Limited (Registered number: 07634880)

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

1. STATUTORY INFORMATION

Hot DNA Ltd is a private company, limited by shares, registered in England and Wales, registration number 07634880. The registered office is Solar House, PF 915 High Road, North Finchley, London, N12 9QJ.

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

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.

Royalties
Turnover represents royalties received and is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following basis:
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and loss account.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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.


HOT DNA Limited (Registered number: 07634880)

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

2. ACCOUNTING POLICIES - continued
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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 1,995 983 32,320 10,440 45,738
Disposals - - (32,320 ) - (32,320 )
At 31 May 2024 1,995 983 - 10,440 13,418
DEPRECIATION
At 1 June 2023 1,911 658 32,320 10,229 45,118
Charge for year 21 109 - 206 336
Eliminated on disposal - - (32,320 ) - (32,320 )
At 31 May 2024 1,932 767 - 10,435 13,134
NET BOOK VALUE
At 31 May 2024 63 216 - 5 284
At 31 May 2023 84 325 - 211 620

HOT DNA Limited (Registered number: 07634880)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 1
NET BOOK VALUE
At 31 May 2024 1
At 31 May 2023 1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Just a Game Ltd
Registered office: Solar House - PF 915 High Road, North Finchley, London N12 8QJ.
Nature of business: Dormant Company
%
Class of shares: holding
Ordinary 100.00
30.6.24 30.6.23
£    £   
Aggregate capital and reserves 3,855 3,855

Investments in subsidiaries are measured at cost less accumulated impairment. The impairment loss is recognised in the Profit and loss account as it arises.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed by group undertakings 101,349 101,349
Other debtors 341 694
101,690 102,043

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 34 420
Taxation and social security 136 -
Other creditors 67,796 70,341
67,966 70,761