Company Registration No. 12362866 (England and Wales)
HOOK TECHNOLOGY LIMITED
Unaudited accounts
for the period from 1 January 2023 to 31 January 2024
HOOK TECHNOLOGY LIMITED
Unaudited accounts
Contents
HOOK TECHNOLOGY LIMITED
Company Information
for the period from 1 January 2023 to 31 January 2024
Directors
Mohammed Firaas Rashid
Daniel David Waterhouse
Julie Charlotte Kainz
Company Number
12362866 (England and Wales)
Registered Office
80 Cheapside
London
EC2V 6EE
England
Accountants
Jack Bowden
Haydon Accountancy Services Limited
33 Percy Crescent
North Shields
Tyne & Wear
NE29 6HP
HOOK TECHNOLOGY LIMITED
Statement of financial position
as at 31 January 2024
Intangible assets
13,427
21,167
Tangible assets
92,980
69,659
Cash at bank and in hand
8,934,734
2,855,521
Creditors: amounts falling due within one year
(309,439)
(82,692)
Net current assets
9,026,746
2,884,961
Total assets less current liabilities
9,133,153
2,975,787
Creditors: amounts falling due after more than one year
(24,030)
(33,800)
Net assets
9,109,123
2,941,987
Called up share capital
14,758,438
5,866,539
Profit and loss account
(5,649,315)
(2,924,552)
Shareholders' funds
9,109,123
2,941,987
For the period ending 31 January 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by
Mohammed Firaas Rashid
Director
Company Registration No. 12362866
HOOK TECHNOLOGY LIMITED
Notes to the Accounts
for the period from 1 January 2023 to 31 January 2024
HOOK TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12362866. The registered office is 80 Cheapside, London, EC2V 6EE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the period
7,740
At 31 December 2022
21,167
HOOK TECHNOLOGY LIMITED
Notes to the Accounts
for the period from 1 January 2023 to 31 January 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
36,916
64,259
101,175
Additions
21,908
38,407
60,315
Disposals
(8,167)
(11,274)
(19,441)
At 31 January 2024
50,657
91,392
142,049
At 1 January 2023
11,583
19,933
31,516
Charge for the period
8,141
15,104
23,245
On disposals
(1,633)
(4,059)
(5,692)
At 31 January 2024
18,091
30,978
49,069
At 31 January 2024
32,566
60,414
92,980
At 31 December 2022
25,333
44,326
69,659
Amounts falling due within one year
Trade debtors
89,313
7,851
Accrued income and prepayments
164,653
79,616
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Creditors: amounts falling due within one year
2024
2022
Trade creditors
58,415
13,158
Taxes and social security
60,048
67,701
8
Creditors: amounts falling due after more than one year
2024
2022
9
Average number of employees
During the period the average number of employees was 18 (2022: 14).