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REGISTERED NUMBER: 08319852 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HEDGEPO LIMITED
TRADING AS
ALLOCATOR

HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEDGEPO LIMITED
TRADING AS ALLOCATOR

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: R Kalish
B Kaluza





REGISTERED OFFICE: 10 London Mews
LONDON
W2 1HY





REGISTERED NUMBER: 08319852 (England and Wales)





ACCOUNTANTS: Stein Richards
Chartered Accountants
10 London Mews
Paddington
LONDON
W2 1HY

HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,578 -
Investments 5 4 -
21,582 -

CURRENT ASSETS
Debtors 6 483,631 451,458
Cash at bank 477,345 865,523
960,976 1,316,981
CREDITORS
Amounts falling due within one year 7 1,135,369 788,551
NET CURRENT (LIABILITIES)/ASSETS (174,393 ) 528,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

(152,811

)

528,430

CAPITAL AND RESERVES
Called up share capital 8 2,278 2,278
Share premium 4,585,824 4,585,824
Capital redemption reserve 88 88
Retained earnings (4,741,001 ) (4,059,760 )
SHAREHOLDERS' FUNDS (152,811 ) 528,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR

BALANCE SHEET - continued
31 December 2023


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 25 April 2024 and were signed on its behalf by:





R Kalish - Director


HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Hedgepo 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.

Going Concern
The financial statements have been prepared on the going concern basis as the directors believe that adequate cash resources will be available to cover, via support of directors and external funding, the company's requirements for working capital and capital expenditure for at least the next twelve months. The directors have concluded, due to the nature of the company's business, the current economic environment has not given rise to any material uncertainty which would cast doubt on the company's ability to continue as a going concern for the next twelve months.

Turnover
Turnover 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - over period of lease
Plant and machinery etc - 33.33% straight line and 25% straight line

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

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.


HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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 taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax receivable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.This has been included in other debtors.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
Additions 3,109 14,546 7,073 24,728
Disposals - (152 ) - (152 )
At 31 December 2023 3,109 14,394 7,073 24,576
DEPRECIATION
Charge for year 311 1,661 1,029 3,001
Eliminated on disposal - (3 ) - (3 )
At 31 December 2023 311 1,658 1,029 2,998
NET BOOK VALUE
At 31 December 2023 2,798 12,736 6,044 21,578

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 4
At 31 December 2023 4
NET BOOK VALUE
At 31 December 2023 4

HEDGEPO LIMITED (REGISTERED NUMBER: 08319852)
TRADING AS ALLOCATOR

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 161,433 135,425
Amounts owed by group undertakings 9,897 -
Other debtors 312,301 316,033
483,631 451,458

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 33,308 54,911
Taxation and social security 69,469 77,527
Other creditors 1,032,592 656,113
1,135,369 788,551

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
227,816 Share capital 1 .01 2,278 2,278

During the year, 37,063 shares were granted at £0.01 per share.