Registered number: 07214604

Hype Ltd
Unaudited Financial Statements
for the year ended 29 February 2024

Statement of Financial Position

as at 29 February 2024

  2024
2023
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  1,771  
 
  -  
Current assets  
12,389    
 
14    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 9,586 )  
 
( 1,986 )  
Net current assets (liabilities)  
  2,803  
 
  ( 1,972 )
Total assets less current liabilities  
  4,574  
 
  ( 1,972 )
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  -  
 
  -  
Net assets  
  4,574  
 
  ( 1,972 )
   
Capital and reserves  
  4,574  
 
  ( 1,972 )

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Footnotes to the Statement of Financial Position

Simon Johnson

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Simon Johnson

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £3,451 by Simon Johnson, a director of the company, on 01/03/2023.

During the accounting year the maximum amount repayable to Simon Johnson was £5,888

The following conditions are attached to amount payable to Simon Johnson:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/03/2023 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 29/02/2024
£ £ £ £ £ £ £
1,986   ( 6,228 )
( 6,228 )
7,693
7,693  
0 0 0 3,451  

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 29/02/2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 07214604

c) The company is a private company and is limited by shares

d) The companies registered office address is Beechwood House Home Farm Close Lighthorne, Warwick, CV35 0AW, England



Approved by the board of directors and signed on behalf of the board,

Hype Ltd
Director Simon Johnson
Date of approval: 02/10/2024
The company was trading for the entire period 2023-03-01 2024-02-29 2024-02-29 IT Project Management 2024-10-02 2024-10-02